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EdgarHawk

Daguro Rhoniel

Chief Executive Officer

Director Officer
1 filing analyzed · 1 company · Latest 2024-12-10

Companies

Company Buys Sells Direction
authID Inc. AUID 1 0 Net buying

Activity

December 2024
2024-12-10 authID Inc. AUID
high
Buy
4,000 shares
$25,920
Significance 7/10

CEO Daguro Rhoniel bought 4,000 shares of AUID at $6.48; prior AUID buys returned +54.0% and +1020.0% over 30 days. Cluster buy by 3 insiders in 14 days amid -63.9% revenue decline.

Daguro Rhoniel, the CEO, purchased 4,000 shares at $6.48, increasing his holdings to 24.8K shares (+19.2% net change). His prior two purchases at AUID both delivered strong 30-day returns (+54.0% and +1020.0%), establishing a pattern of well-timed entries at this ticker. The current buy occurs as the stock trades 46.1% below its 52-week high and has declined 19.5% over the past 30 days, creating contrarian conditions. However, the timing coincides with severe fundamental headwinds: the company reported -63.9% annual revenue decline, a -$3.4M net loss in the latest quarter, and remains unprofitable on a full-year basis. A cluster pattern is present—2 other insiders also purchased within the past 14 days—suggesting coordinated confidence despite deteriorating financials. The signal's strength depends on whether historical timing prowess at AUID (cross-ticker track record: +537.0% avg 30d, 100.0% win rate) translates into a third successful call amid material operational headwinds.

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