CAO Deschenes buys 10,000 shares of TGEN at $2.23; stock down 80.4% from 52-week high, cluster pattern with 2 other insiders in 14 days
Deschenes Roger P., CAO, purchased 10,000 shares at $2.23 on 2026-03-20, increasing his holdings by 23.3% to 53.0K shares. This transaction is part of a cluster pattern with 2 other insiders buying within the past 14 days, suggesting coordinated activity at the executive level during material weakness. The stock is trading at $2.36 (current price), down 80.4% from its 52-week high of $12.07 and down 33.3% over the past 30 days and 54.9% over 90 days, indicating severe recent deterioration in valuation. The company reported net income of $-2.1M in its latest quarter with full-year profitability also negative, though annual revenue growth stands at +19.7%, creating a disconnect between top-line momentum and bottom-line performance that warrants investor scrutiny.