Director Muir Glenn P bought 25,000 shares of STIM at $0.80 on 2024-09-05; stock now $0.78, -83.8% from 52-week high of $4.81.
Director Muir Glenn P purchased 25,000 shares at $0.80 on 2024-09-05, expanding his holdings by 9.4% from 264,818 to 289,818 shares. This follows three prior open-market purchases at STIM within the preceding two weeks (2024-08-14, 2024-08-20, 2024-08-28, 2024-08-29), indicating a sustained accumulation pattern during a period of acute price pressure. The stock is now trading at $0.78, down 83.8% from its 52-week high of $4.81 and down 58.3% over the prior 30 days. The company is unprofitable, reporting net income of -$9,832,000.00 on quarterly revenue of $16,450,000.00. While the director's track record shows 4 prior open-market buys across all tickers, the measurable outcomes on those earlier STIM purchases remain unclear. Investors should monitor whether this repeated accumulation at depressed levels reflects conviction in a turnaround or simply persistence amid deteriorating fundamentals.