CFO Hobbs buys 2,800 shares at $13.70; stock now $14.62. -56.2% from 52-week high. 3 insiders bought in 14 days.
CFO Mark Wayne Hobbs purchased 2,800 shares at $13.70 on 2025-03-11, increasing his holdings to 49,138 shares. The purchase occurred as the stock trades at $14.62, down -56.2% from its 52-week high of $33.39 and down -25.1% over the prior 30 days. This buy occurs within a cluster pattern: 3 other insiders also bought within the past 14 days. The company's fundamentals show material headwinds: revenue declined -29.9% year-over-year, and it reported a full-year net loss, with net income of $-76,800,000.00 most recently. The convergence of multiple insider purchases during a period of significant stock depreciation and negative financial performance warrants investor attention to whether this represents a bottom-fishing event or signals forward expectations among the executive team.