CFO Brett Wade buys 1,500 shares of QRHC at $8.03; repeats pattern of 2 prior well-timed buys at this ticker (+13.2% and +33.8% at 90 days).
Brett Wade, Sr. VP of Finance and CFO, purchased 1,500 shares at $8.03 on 2024-08-22, expanding his stake by 5.6% to 28,070 shares. This marks his third open-market buy at QRHC; his previous two purchases on 2023-12-13 and 2023-06-16 both generated positive 90-day returns of 13.2% and 33.8% respectively, establishing a pattern of well-timed entry points at this ticker. His cross-ticker track record shows 2 prior buys with an average 90-day return of +23.5% and a 100.00% win rate, though QRHC remains fundamentally challenged with negative full-year net income of $-1,514,408.00 on revenue of $73,145,252.00. The current price of $8.14 sits 23.6% below the 52-week high and has declined 9.6% over the last 30 days, creating a context in which the CFO has historically found attractive entry points. The repetition of purchases despite recent downward price momentum warrants attention to what internal perspective or near-term catalyst Wade may be positioning for.