CFO Cruickshank bought 31,250 shares of BEAT at $0.80 (now $0.81); stock down 76.4% from 52-week high amid cluster buy by 7 other insiders.
CFO Tim Cruickshank purchased 31,250 shares at $0.80 on 2026-04-16, increasing his holdings by 76.3% to 72,230 shares. The transaction occurs within a broader cluster pattern: 7 other insiders also bought within the past 14 days. The stock trades at $0.81 today, down 76.4% from its 52-week high of $3.44 and down 37.7% over the past 30 days, indicating significant recent selling pressure. The company is unprofitable, with net income of $-5,255,000.00 over its most recent full fiscal year. Cruickshank's prior buy at this ticker on 2025-02-14 resulted in a -7.4% return over 90 days, and his cross-ticker track record shows a 0.00% win rate on prior buys at the 90-day mark, suggesting his timing choices have not historically preceded price appreciation.
CFO Cruickshank Tim bought 17,647 shares at $1.70 on 2025-02-14 in unprofitable HeartBeam Inc. (BEAT); stock down 25.4% in 90 days.
Cruickshank Tim, the CFO, initiated a first-time position of 17,647 shares at $1.70 totaling $29,999.90, occurring as HeartBeam's stock has declined 25.4% over the past 90 days and 35.4% from its 52-week high of $3.22. The company is unprofitable with a net income of $-4,979,000.00 over its most recent full fiscal year. This open-market purchase by a newly-transacting insider in a low-price micro-cap ($55.5M market cap) contrasts sharply with the company's negative fundamentals and sustained downtrend, raising questions about the CFO's assessment of valuation or forward prospects relative to the observed market trajectory.
