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EdgarHawk

Hogge Jerome

EVP, Chief Operating Officer

Officer
2 filings analyzed · 1 company · Latest 2025-08-11

Companies

Company Buys Sells Direction
Claritev Corp CTEV 2 0 Net buying

Activity

August 2025
2025-08-11 Claritev Corp CTEV
high
Buy
5,621 shares
$300,771
Significance 6/10

EVP/COO Jerome Hogge buys 5,621 shares of CTEV at $53.51; stock now at $61.61 (+15% gain since purchase).

Jerome Hogge, EVP and Chief Operating Officer, purchased 5,621 shares of Claritev Corp at $53.51 on 2025-08-07, increasing his holdings from 84,402 to 90,023 shares (+6.7%). The stock has appreciated to $61.61 since the transaction, representing a post-trade gain of approximately 15%. Within the last 30 days, CTEV has risen 33.0%, and over 90 days it has climbed 146.1%, placing the current price at the 52-week high of $61.61. However, this valuation context warrants scrutiny: Claritev reported net income of $-62.6M against quarterly revenue of $241.6M, with full-year results unprofitable and annual revenue declining 3.2%. The insider's cross-ticker track record shows 1 prior buy with an average 30-day return of +44.4%, and he has one prior CTEV transaction (2025-05-19 buy, +44.4% 30d return). The company's fundamental deterioration—operating losses while the stock accelerates—creates a divergence between price momentum and underlying business health that investors should evaluate carefully.

May 2025
2025-05-20 Claritev Corp CTEV
high
Buy
12,500 shares
$349,250
Significance 7/10

COO Hogge Jerome buys 12,500 shares at $27.94 for $349.2K; 3 other insiders also buy in 14 days amid -3.2% revenue decline and -$71.3M net loss.

Jerome Hogge, Chief Operating Officer, purchased 12,500 shares at $27.94, increasing his holdings by 17.4% to 84,402 shares total. This transaction occurs as part of a cluster pattern: 3 other insiders also bought within the past 14 days, suggesting coordinated or parallel confidence among the leadership group. The timing is noteworthy because the stock is currently trading at $28.72 (just 0.0% below its 52-week high of $28.72) and has risen 43.0% over the past 30 days, yet the company is unprofitable—posting a -$71.3M net loss on $231.3M quarterly revenue and experiencing -3.2% annual revenue decline. The combination of broad insider accumulation near all-time highs despite deteriorating fundamentals (negative net income and revenue contraction) warrants close examination of management's rationale and forward guidance.

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