CAO Chris Edmunds buys 5,500 shares of RDW at $5.46; stock down 78.9% from 52-week high, cluster of 2 other insider buys in past 14 days
Chris Edmunds, Chief Accounting Officer, purchased 5,500 shares at $5.46 on 2025-11-14, increasing holdings by 5.4% to 107,441 shares. The stock is trading at $5.41, down 78.9% from its 52-week high of $25.66, and has declined 39.5% over the past 30 and 90 days. Edmunds' cross-ticker track record shows 4 prior open-market buys with an average 90-day return of +16.4%, but his same-ticker RDW history is mixed: 3 of 4 prior buys showed positive 90-day returns, though the most recent buy on 2025-08-11 returned -7.6% in 30 days and -26.4% in 90 days. The company is unprofitable (net income -$41.2M in the latest quarter) despite 24.7% annual revenue growth, and two other insiders also bought RDW shares within the past 14 days, creating a small cluster pattern. This purchase occurs within a context of severe valuation decline and operational losses, alongside corroborating insider activity.