Joseph S Steinberg

Director Steinberg buys 40,882 shares of VTS at $16.16, adding 60.5% to holdings as stock trades 40.9% below 52-week high.

Joseph S Steinberg, a Director, purchased 40,882 shares at $16.16 on 2026-06-15, expanding his stake from 67,618 to 108,500 shares (a 60.5% increase in holdings). The purchase occurred as Vitesse Energy's stock has declined 40.9% from its 52-week high of $27.15 and is trading 12.6% lower over the past 30 days and 17.8% lower over 90 days. While Steinberg's cross-ticker track record shows strong buy timing (4 prior buys with 100% 90-day win rate, averaging +19.3% 90-day return), the company fundamentals are strained: net income of $-42.3M against quarterly revenue of $67.4M, with a P/E of 23.94 and market cap of $669.1M. His prior VTS transaction (buy on 2026-05-28) remains too recent to assess outcome. The timing and magnitude of this accumulation warrant examination of whether the director has visibility into operational recovery or is accumulating at depressed valuations relative to market sentiment.

Director Joseph S Steinberg bought 59,118 shares of VTS at $17.00 for $1.0M, boosting holdings by +4122.6%, despite stock down 34.7% from 52-week high.

Director Joseph S Steinberg purchased 59,118 shares of Vitesse Energy at $17.00 on 2026-05-28, increasing his holdings from 1,434 shares to 60,552 shares—a +4122.6% increase in his personal stake. The acquisition came as the stock trades at $17.73, approximately 34.7% below its 52-week high of $27.15, suggesting the transaction occurred during a period of price weakness. However, this signal is tempered by the company's fundamental challenges: the latest quarter shows a net loss of $-42,280,000.00 on revenue of $67,410,000.00, despite annual revenue growth of +13.2%. The insider's cross-ticker track record shows a 100% win rate on prior buys (2 trades averaging +30.0% 30-day return), but that historical success provides limited predictive value here given the magnitude of the loss position and the distinct risk profile of an energy sector company experiencing significant operating losses.

Director Joseph S Steinberg bought 7,474 shares of CWGL at $4.05 on 2026-05-22; stock down -27.8% from 52-week high.

Joseph S Steinberg, a director of Crimson Wine Group, purchased 7,474 shares at $4.05, increasing his holdings from 1,264,537 to 1,272,011 shares. The transaction occurs after a significant decline: the stock has fallen -27.8% from its 52-week high of $5.96 and trades at $4.30 against a 52-week low of $3.82, placing it near the bottom of its annual range. Steinberg's cross-ticker track record shows 2 prior buys averaging 30-day and 90-day returns of +30.0% and +19.1%, though his prior buy at CWGL (2025-11-20) returned only +0.9% over 90 days, limiting confidence that this company matches his usual execution patterns. The underlying business context is concerning: quarterly revenue stands at $18,264,000 with a net loss of $-630,000, and annual revenue has contracted -10.8% year-over-year, presenting material operational headwinds that warrant careful assessment of whether this buy reflects conviction or exposure to a company facing deteriorating fundamentals.

Director Steinberg buys 106,308 shares of CWGL for $527,287.68 as 3 other insiders buy within 14 days

Director Joseph S Steinberg purchased 106,308 shares at $4.96 on 2025-11-20, bringing his holdings to 1,264,537 shares and representing a 9.2% increase in his position. This transaction is part of a cluster pattern with 3 other insiders also buying within the past 14 days, suggesting coordinated or independent conviction among the leadership team. The stock currently trades at $5.03, down 4.2% over the past 30 days and down 6.7% over 90 days, with the company posting modest fundamentals (annual revenue growth of +0.8%, P/E of 83.83). Across his cross-ticker track record, Steinberg's prior 1 buy showed an average 30-day return of +59.1%, though same-ticker outcomes are not measurable in this filing, limiting the predictive weight of that historical average for this specific position.

10% Owner Steinberg buys 195,851 shares at $1.10; cluster pattern with 2 other insiders buying within 14 days at micro-cap unprofitable firm

Joseph S. Steinberg, a 10% owner, purchased 195,851 shares at $1.10 on 2025-06-06, increasing his holdings by 15.7% to 1,445,851 shares. This buy coincides with a cluster pattern: 2 other insiders also bought within the past 14 days. The signal is noteworthy because it comes at a price 44.1% below the 52-week high, yet the company generated only $479,000 in latest-quarter revenue and was unprofitable over its most recent full fiscal year. Steinberg's cross-ticker track record shows 5 prior sells with a 100.00% well-timed rate (average -10.2% 90-day return post-sale), indicating historical precision in exit timing, though this insider has no measurable same-ticker history against which to assess this buy. The coincident multi-insider purchasing activity in a financially stressed micro-cap warrants attention to whether this reflects a coordinated confidence signal or reflects external pressures on the filing insiders.