TELA COO/CFO Cuca Roberto bought 64,444 shares at $2.25 on 2024-10-24; stock -66.1% from 52-week high, cluster buy by 3 other insiders within 14 days.
Cuca Roberto, serving as both COO and CFO, purchased 64,444 shares for $144,999.00, increasing his holdings by 70.9% from 90,944 to 155,388 shares. This open-market buy occurs at $2.25, substantially below the 52-week high of $7.61, while the company faces structural profitability challenges: latest quarter revenues were $16,091,000.00 with net income of $-12,600,000.00, and full-year results were unprofitable. The timing aligns with a cluster pattern—3 other insiders also bought within the past 14 days—suggesting coordinated management assessment. Notably, Roberto's prior buy at TELA on 2023-11-14 was well-timed at the 90-day mark (posting +66.0% return), and his cross-ticker track record shows 1 prior buy with 100% win rate on the 90-day horizon, though current price performance shows the stock down 43.9% over the past 90 days.