COO Kevin Cureton buys 4,716 shares at $1.49 avg; 5 of 5 prior NANX buys delivered positive 90d returns.
Kevin Cureton, Chief Operating Officer of Nanophase Technologies, executed 2 separate purchases totaling 4,716 shares for $7,004.65 on 2024-09-23, raising his holdings from 187,496 to 192,212 shares (a +2.5% net increase). His 5 prior open-market purchases at NANX, all clustered in late June 2024, showed a consistent pattern: each delivered positive 90-day returns ranging from +1.4% to +8.3%, with 100% of prior trades well-timed at the 90-day horizon. The blended average purchase price of $1.49 sits 2.6% below the current price of $1.53, placing this transaction at a point where the 30-day trend has shifted positive (+2.0%) despite a 90-day headwind (-4.4%) and the stock trading 10.5% below its 52-week high. The company's fundamentals show flat annual revenue growth (−0.0%) and a negative full-year net income, alongside modest latest-quarter earnings of $856,000.00 on $13.0M revenue. The convergence of repeated insider accumulation with historically reliable 90-day timing outcomes at this ticker—coupled with a fresh buy at modest valuation relative to prior entry points—constitutes a material continuation of an established buying pattern.