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EdgarHawk

JACKSON DARREN R

Director

Director
1 filing analyzed · 1 company · Latest 2024-11-21

Companies

Company Buys Sells Direction
WOLFSPEED, INC. WOLF 1 0 Net buying

Activity

November 2024
2024-11-21 WOLFSPEED, INC. WOLF
medium
Buy
36,975 shares
$249,999
Significance 4/10

Director Jackson Darren R bought 36,975 shares of WOLF at $6.76 on 2024-11-20 ($250.0K); stock down -86.2% from 52-week high, company unprofitable with -$282.2M net income.

Director Jackson Darren R purchased 36,975 shares at $6.76 on 2024-11-20, increasing his holdings from 49,021 to 85,996 shares (+75.4%). The transaction occurs as WOLF trades at $6.44, down -86.2% from its 52-week high of $46.84 and -58.2% over the past 30 days. Fundamentally, the company reported a net income of -$282.2M on quarterly revenue of $194.7M and faces annual revenue contraction of -12.4%, reflecting significant operational stress. The buying activity aligns with a broader cluster pattern—3 other insiders purchased shares within the past 14 days—suggesting coordinated interest despite deteriorated valuation and profitability metrics. However, the insider's prior buy at WOLF on 2024-02-02 achieved only -8.7% 90-day return, indicating a history of poor timing at this ticker (0 of 1 prior buys were well-timed).

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