CFO D'Amico Raphael purchased 3,000 PHX shares at $3.30; stock down 12.9% from 52-week high, holdings now 520,124 shares.
D'Amico, as SVP-CFO, purchased 3,000 shares at $3.30 on 2024-08-09, a modest 0.6% increase to his 520,124-share position. The stock is currently trading at $3.25, -12.9% from its 52-week high of $3.73 and down 3.3% over the past month. His same-ticker history at PHX is mixed: two May 2024 purchases have declined -6.0% and -6.3% over 30 days, while an earlier March 2024 purchase returned +5.9% at the 90-day mark. The company faces near-term headwinds, with annual revenue declining 16.9% year-over-year and the latest quarterly revenue at $9.5M against a market cap of $121.9M. The purchase occurs in a window of negative near-term price momentum, and the insider's prior buys at this ticker show below-breakeven outcomes in their first month.