Director Danziger buys 10,000 shares of ALTS at $7.30; price now $2.89, down 71.8% from 52-week high.
Director David C. Danziger doubled his shareholding by purchasing 10,000 shares at $7.30 on 2025-08-14, increasing his position from 10,000 to 20,000 shares for a total of $73,000. However, the current stock price has deteriorated significantly to $2.89, representing a 71.8% decline from the 52-week high of $10.26 and a 27.9% drop over the past 30 days. The company is unprofitable, posting a net loss of $9.1M on quarterly revenue of $6.4M. The timing of this purchase—at $7.30—is notably unfavorable in retrospect given the sharp subsequent price decline, raising questions about visibility or conviction relative to near-term deteriorating fundamentals.