EVP Daniel Pryor buys 10,000 ENOV shares at $28.90; stock down 41.6% from 52-week high amid ongoing losses.
Daniel Pryor, EVP of Strategy & Business Development, purchased 10,000 shares valued at $289,000.00, increasing his stake to 161,115 shares (+6.6% of pre-transaction holdings). The purchase occurred at $28.90, while the stock currently trades at $28.82 and has declined 20.1% over 90 days and 41.6% from its 52-week high of $49.33. The company is unprofitable, posting a net loss of $36.7M on revenue of $564.5M last quarter, though full-year revenue grew 23.5% year-over-year. The purchase occurs in a context of significant price weakness and operating losses, factors that typically warrant examination of transaction timing and motivation relative to any non-public information the executive may possess.