GPMT: CEO Taylor buys 42,000 shares at $2.28; stock up 50% in 30d, cluster buy pattern observed
TAYLOR JOHN A, President and CEO of Granite Point Mortgage Trust Inc., purchased 42,000 shares at $2.28 on 2025-05-22, bringing his holdings to 471,442 shares (a 9.8% increase). The timing follows the stock's 50.0% surge over the past 30 days and comes as 2 other insiders also bought within the past 14 days, forming a cluster acquisition pattern. Notably, the company reported net income of $-7,015,000.00 for its most recent full fiscal year, indicating ongoing unprofitability. The CEO's prior trade history at this ticker shows 3 consecutive buy occasions (2023-11-14 through 2023-11-16) that all posted positive 90-day returns, with a 100% win rate across his cross-ticker track record, but the current purchase occurs after the stock has already recovered 50% and sits 31.3% below its 52-week high, raising questions about entry timing relative to the recent momentum surge.