CFO Jankovic buys 12,000 shares at $9.44 across 2 transactions; coincides with cluster of insider buying
Jankovic Walter, Chief Financial Officer of Harmonic Inc, executed 2 separate purchases totaling 12,000 shares for $113,279.50 at $9.44 on 2025-02-12, expanding his holdings from 34,129 shares to 46,129 shares (+35.2% increase). The stock is currently trading at $9.79, down -33.9% from its 52-week high of $14.82 and down -20.8% over the prior 30 days. A cluster pattern is active: 2 other insiders also bought within the past 14 days. The company is modestly profitable with net income of $21,718,000.00 against revenue of $195,756,000.00 (latest quarter) and a P/E of 13.41, but faces headwinds with annual revenue declining -2.7% year-over-year. The contemporaneous buying by multiple insiders during a period of significant recent price weakness and alongside declining revenue growth merits investor monitoring.