Kendall Brandi bought 932 CRGY shares at $11.05; stock down 21.2% in 30 days as company remains unprofitable despite 23.0% annual revenue growth.
Kendall Brandi purchased 932 shares at $11.05, increasing holdings to 23,347 shares (+4.2%), while the stock has fallen 21.2% over the past 30 days and trades at $11.72, down 30.0% from its 52-week high of $16.74. Notably, of Brandi's 5 prior purchases at CRGY, 3 were followed by positive 90-day returns, suggesting a pattern of reasonable timing at this ticker. However, the timing context here is less favorable: the stock is in a sharp decline, and Crescent Energy reported a negative net income of $-9.9M in its latest quarter despite posting $744.9M in revenue and achieving 23.0% annual revenue growth. The unprofitability combined with recent sharp price weakness means this purchase occurs as momentum deteriorates, even though the insider's historical track record at this specific ticker shows mixed but partly successful calls.