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EdgarHawk

RICHSTONE ELLEN B

Director

Director
5 filings analyzed · 1 company · Latest 2025-02-24

Companies

Company Buys Sells Direction
ORION ENERGY SYSTEMS, INC. OESX 6 0 Net buying

Activity

February 2025
high
Buy
20,000 shares
$18,220
Significance 7/10

Director Ellen B Richstone buys 20,000 OESX shares at $0.91; 4 director-level buys in 14 days amid unprofitable operations.

Ellen B Richstone purchased 20,000 shares at $0.91 on 2025-02-21, increasing her holdings by 6.8% to 313,658 shares. This transaction is part of a 4-insider cluster pattern, with 3 other insiders also buying within the past 14 days, including prior buys on 2025-02-20, 2025-02-19, and 2025-02-14. The company reported a net loss of $1,508,000 over the latest full fiscal year despite annual revenue growth of 17.1%, indicating expansion amid continued unprofitability. Richstone's prior purchase at this ticker on 2024-06-14 showed a 90-day return of +659.7%, suggesting her timing at OESX has been favorable historically, though measurable outcomes from the subsequent four buys in mid-to-late February are not yet available.

high
Buy
13,874 shares
$11,653
Significance 7/10

Director Ellen B Richstone bought 13,874 shares ($11.7K) at $0.84 avg; 3 insider cluster buys in 14 days, prior 2 OESX trades showed +834.5% and +932.3% 90d returns.

Ellen B Richstone, Director at Orion Energy Systems, made 2 separate purchases totaling 13,874 shares for $11,652.74, raising her holdings from 279.8K to 293.7K shares (+5.0%). This filing coincides with a broader cluster pattern: 3 other insiders also bought within the past 14 days. Richstone's prior trading history at OESX shows notable outcomes—her 2 measurable prior buys posted 90-day returns of +834.5% and +659.7%, respectively, and 2 of 2 prior buys at this ticker proved well-timed. However, the company trades at $9.01 (41.1% below its 52-week high of $15.30) despite unprofitable fundamentals (net income of $-1.5M in the latest quarter), though the company demonstrated +17.1% annual revenue growth. The timing and magnitude of insider accumulation warrant investor attention, but the negative earnings backdrop requires scrutiny of whether recent gains reflect operational improvement or market sentiment shifts.

high
Buy
13,000 shares
$10,868
Significance 8/10

Director Ellen B. Richstone bought 13,000 shares of OESX at $0.84 on 2025-02-18; cluster pattern detected as 2 other insiders bought within 14 days.

Director Ellen B. Richstone purchased 13,000 shares at $0.84, raising her holdings to 279.8K shares (+4.9%). This transaction is part of a broader insider cluster, with 2 other insiders also buying within the past 14 days. Richstone's prior trades at OESX show a compelling timing pattern: 3 of 3 measurable prior buys at this ticker generated positive 90-day returns (ranging from 659.7% to 932.3%), indicating consistent execution of purchases before rallies. Her cross-ticker track record reinforces this signal—6 prior open-market buys across all holdings averaged +753.5% 90-day return with a 100.00% win rate. The company, while unprofitable in its most recent full fiscal year with -$1.5M net income, posted +17.1% annual revenue growth ($19.6M latest quarter) and trades at current price $8.42, down 45.0% from its 52-week high of $15.30. The convergence of director accumulation, cluster buying, and her historical timing accuracy at this specific ticker suggests coordinated insider confidence despite current profitability headwinds.

high
Buy
10,000 shares
$8,200
Significance 7/10

Director Ellen B Richstone buys 10,000 shares at $0.82; director has 4 of 4 prior OESX buys well-timed at 90-day mark, cluster pattern with 2 other insiders.

Director Ellen B Richstone purchased 10,000 shares at $0.82 on 2025-02-14, increasing her holdings to 266,784 shares. Notably, her prior four trades at OESX all produced strong 90-day returns (ranging from +659.7% to +932.3%), and all four were well-timed at the 90-day mark. The current stock price of $8.30 is 45.8% below the 52-week high of $15.30, and the company faces headwinds: it reported a net loss of $-1.5M in the latest quarter despite $19.6M in quarterly revenue. However, the company posted annual revenue growth of +17.1% year-over-year. This buy occurs within a cluster pattern—two other insiders purchased shares within the past 14 days—adding weight to the signal. The insider's historical accuracy at this specific ticker and the cluster activity warrant close monitoring of whether this accumulation precedes a recovery phase.

June 2024
high
Buy
20,000 shares
$22,900
Significance 8/10

Director Ellen B Richstone bought 20,000 shares of OESX at $1.14; prior 3 buys at this ticker showed 90d returns of +831.8%, +817.4%, +823.8%

Ellen B Richstone, a director, purchased 20,000 shares at $1.14 on 2024-06-14, increasing her stake to 256,784 shares. Her prior 3 open-market purchases at OESX all delivered strong 90-day returns (+831.8%, +817.4%, +823.8%), and across her full cross-ticker track record, her 3 prior buys averaged +784.7% 90-day return with a 100.00% win rate. This current purchase occurs alongside a 2-insider cluster buy pattern within 14 days. The stock trades at $10.90 current price, -39.8% below its 52-week high, and the company carries unprofitability (net income $-2.3M) with elevated valuation metrics (P/E 83.85) despite posted annual revenue growth of +17.1%. The confluence of a director's buy at depressed price levels, a pattern of prior well-timed purchases at this ticker, and concurrent insider activity suggests aligned conviction, though the company's negative earnings and high multiple present material risk.

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