glassman steven mark

Director Steven Mark Glassman buys 9,090 NXGL shares at $2.75; cluster of 5 other insiders bought within 14 days amid unprofitable fundamentals.

Director Steven Mark Glassman purchased 9,090 shares of NEXGEL, INC. at $2.75 on 2024-11-20, increasing his holdings to 154,155 shares (+6.3%). This transaction occurs within a cluster pattern: 5 other insiders also bought NXGL within the past 14 days, suggesting coordinated or reinforced confidence. However, the company context is challenging—the latest quarter showed Net income $-693,000.00 (negative) and the company remained unprofitable over its most recent full fiscal year, despite strong revenue growth of +99.7% year-over-year. Stock price momentum is favorable: the current price of $3.32 is +10.3% over 30 days and +27.7% over 90 days. Glassman's prior NXGL trades show mixed timing outcomes (2 of 4 prior buys well-timed at the 90-day mark), suggesting modest consistency but not a strong track record at this specific ticker.

Director Steven Mark Glassman buys 10,000 shares of NXGL at $2.50; 4 other insiders bought within 14 days

Glassman, a director, purchased 10,000 shares at $2.50, increasing his holdings to 145,025 shares (+7.4% vs pre-transaction). This buy occurs within a 14-day cluster of purchases by 4 other insiders at the same company, which is notable for coordinated activity. However, the context is mixed: while his cross-ticker track record shows 3 prior buys with an average 90d return of +4.0% (33.33% win rate), his same-ticker history at NXGL reveals 1 of 3 prior buys were well-timed at the 90-day mark. Fundamentally, the company posted quarterly revenue of $1,440,000.00 with net income of -$885,000.00 and remains unprofitable on a full-year basis, despite 99.7% annual revenue growth. The stock is currently trading at $2.71, down 15.0% from its 52-week high of $3.19 and down 13.7% over 30 days, creating a lower entry point relative to recent price levels.