Kummeth Charles R.

Director Kummeth Charles R. buys 500,000 QSI shares at $0.92; holdings now 855,000 (+140.8%)

Kummeth purchased 500,000 shares at $0.92 on 2026-03-05, more than doubling his stake from 355,000 to 855,000 shares. His prior two purchases at QSI were both well-timed at the 90-day mark, with returns of +3.9% and +4.6% respectively, suggesting pattern recognition in his entry decisions. However, the current context is challenging: QSI is trading at $0.93 (the purchase price), down 64.6% from its 52-week high of $2.63, down 12.7% over 30 days, and down 34.5% over 90 days. Fundamentals show the company unprofitable with net income of $-35.7M and declining revenue (-20.3% year-over-year), with latest quarterly revenue at only $552.0K. The director's substantial accumulation at distressed valuations warrants attention to whether this reflects conviction in a turnaround or simply availability to purchase at depressed price levels while broader company metrics deteriorate.

Director Kummeth purchases 170,000 QSI shares in 2 transactions totaling $148,459.17; stock down 62.2% from 52-week high amid unprofitable fundamentals.

Kummeth Charles R. made 2 separate purchases totaling 170,000 shares for $148,459.17 over three trading days (August 9 and August 12), expanding his holdings by 91.9% from 185,000 to 355,000 shares. The purchases occurred at $0.87 and $0.89 per share, while the current price is $0.91, representing a blended average price of $0.87. The company reported revenue of $622,000.00 in its latest quarter and a net loss of $-23,099,000.00, underscoring significant unprofitability. Notably, 3 other insiders also bought within the past 14 days, indicating a cluster buy pattern. Investors should note that the stock has declined 62.2% from its 52-week high and fallen 51.1% over 90 days, suggesting the market has priced in material headwinds despite the insider activity and clustered buying.