Director Grunebaum buys 6,800 shares at $7.54; holdings double to 14.1K as stock down 44.0% from 52-week high.
Director George Grunebaum purchased 6,800 shares at $7.54, increasing his holdings from 7,336 to 14,136 shares—a 92.7% increase in position size. The purchase occurred after a steep 44.0% decline from the 52-week high of $13.30, with the stock down 34.9% over the prior 30 days. However, Grunebaum's prior buy at this same ticker on 2025-12-12 resulted in a 90d return of -37.4%, establishing a pattern of recent purchases that preceded further price deterioration. A cluster of 4 other insiders also bought within the past 14 days, suggesting coordinated accumulation at depressed levels. The company's fundamentals show a P/E of 2.72 and net income of $23,630,000.00, but the persistent downward price action and the insider's poor historical timing on the same ticker warrants scrutiny of the underlying drivers of the sell-off.