CFO Guinta buys 5,000 NFE shares at $8.57; stock down 74.0% from 52-week high of $32.75.
Christopher S. Guinta, Chief Financial Officer of New Fortress Energy, purchased 5,000 shares at $8.57 on 2025-03-13, adding to holdings that now total 206,653 shares. The purchase occurs in a context of severe price deterioration: the stock trades at $8.50 (current), down 74.0% from its 52-week high of $32.75, and has declined 29.9% over the past 30 days and 33.6% over 90 days. Fundamentally, the company posted revenue of $567.5M in the latest quarter but was unprofitable over its most recent full fiscal year and reported net income of $9.3M in the latest quarter against annual revenue growth of -2.0%, indicating operational stress. The open-market purchase of a modest position (5,000 shares, a 2.5% increase to his holdings) by the CFO during a period of sustained underperformance and negative returns warrants investor attention to the company's operational trajectory and cash position.