Hayes Christopher M.

Director Hayes buys 1,827 shares of SPRU at $2.59; 6 other insiders bought within 14 days amid unprofitability.

Director Christopher M. Hayes purchased 1,827 shares at $2.59 on 2024-12-02, increasing his holdings by 1.2% to 155,997 shares total. This buy is part of a cluster pattern: 6 other insiders also bought within the past 14 days. While synchronized insider buying can reflect management confidence, context matters significantly. Spruce Power Holdings reported a net loss of $-53,529,000 ($-53.5M) on quarterly revenue of $21,378,000 ($21.4M), and the company was unprofitable over its most recent full fiscal year. The stock trades at $3.07, down 35.2% from its 52-week high of $4.74, though it has recovered 23.8% over the past 30 days. Hayes' prior buy at this ticker occurred on 2024-11-27, just five days earlier, suggesting consecutive accumulation during a period of fundamental weakness and significant prior losses.

Director Hayes Christopher M. buys 11,440 shares of SPRU at $2.39; 5 other insiders also purchased within 14 days as stock is -47.0% from 52-week high.

Hayes Christopher M., a Director, purchased 11,440 shares at $2.39 on 2024-11-27, increasing his holdings from 142,730 shares to 154,170 shares. This transaction occurs amid a broader insider buying cluster, with 5 other insiders also purchasing shares within the past 14 days. The stock is currently trading at $2.51, down -47.0% from its 52-week high of $4.74, and has declined -12.8% over the past 90 days. The company reported quarterly revenue of $21,378,000.00 but a net loss of $-53,529,000.00, with annual revenue growth of +244.3% despite unprofitability. The coordinated purchasing by multiple insiders during a period of significant price weakness warrants investor attention.