Mack Richard

CEO Mack Richard buys 50,000 shares of CMTG at $2.41; stock down -44.3% from 52-week high, -34.6% in 90 days

Mack Richard purchased 50,000 shares at $2.41 on 2026-02-27, increasing his holdings to 2.72M shares. The purchase occurs in a deteriorating context: CMTG stock is trading at $2.31 (current), down 44.3% from its 52-week high of $4.15, and has declined 34.6% over the past 90 days. The company is unprofitable with annual revenue contraction of -24.4% and most recent quarterly net income of -$9.5M. His prior buys at CMTG show a mixed timing record: two purchases in May 2024 generated positive 90-day returns (+16.2% and +12.8%), but three purchases in March 2025 yielded negative 90-day returns (-36.8%, -31.7%, -13.9%). A cluster pattern is present with two other insiders also buying within the past 14 days. The transaction itself is modest relative to his existing position (+1.9% increase) and total portfolio value.

CEO Mack Richard bought 35,000 CMTG shares ($121.1K) over 2 days at $3.38–$3.66; blended avg $3.46. Stock now $3.99 (+27.1% in 30d).

Mack Richard (CEO and Chairman) made 2 separate purchases totaling 35,000 shares for $121,059.00 on March 12–13, 2025, at an average price of $3.46 per share. The stock currently trades at $3.99, up 27.1% over the past 30 days but down 59.9% from its 52-week high of $9.95, reflecting significant volatility and an unprofitable financial position (net income: -$56.2M, revenue down 19.0% annually). His prior trades at CMTG (3 measurable outcomes from May and June 2024) each showed positive 90-day returns of +15.8%, +13.8%, and +7.9%, establishing a pattern of well-timed purchases at this specific ticker. The filing discloses a cluster pattern: 2 other insiders also bought within the past 14 days, suggesting coordinated conviction among the leadership team. This transaction increases his post-position to 2.60M shares (+1.4% vs prior holdings), representing a meaningful accumulation signal despite the company's recent operational challenges and depressed valuation relative to 52-week highs.

CEO Mack Richard bought 115,000 shares of CMTG at $3.19 on 2025-03-10 (total $367.2K), raising holdings to 2.56M shares amid cluster buy pattern.

Mack Richard, as CEO and chairman, purchased 115,000 shares at $3.19, a notable 4.7% increase to his 2.56M share position at a time when the stock is -65.6% from its 52-week high of $9.95. The transaction occurred as part of a cluster buy pattern, with 2 other insiders also purchasing within the past 14 days, suggesting coordinated confidence at depressed valuations. His same-ticker trade history at CMTG shows 3 prior buys all achieved positive 90-day returns (ranging from +7.9% to +15.8%), demonstrating consistent well-timed entry discipline at this specific ticker. However, the company's fundamentals present material headwinds: CMTG posted negative net income of $-56.2M over its most recent full fiscal year, with annual revenue declining 19.0% year-over-year and the latest quarterly revenue at only $64.9M, indicating structural profitability challenges independent of near-term stock price recovery.