Director MacKay Craig C bought 59,880 shares of CARV at $1.67 on 2024-11-25 ($100.0K); cluster pattern with 4 other insiders buying within 14 days.
MacKay Craig C purchased 59,880 shares at $1.67, increasing his holdings from 5,000 to 64,880 shares—a +1197.6% increase. This represents a substantial commitment to the company, with the transaction value reaching $100.0K. The purchase coincides with a cluster of 4 other insider buys within the past 14 days, suggesting coordinated insider activity. However, this must be contextualized against fundamentals: the company posted quarterly revenue of $711.0K and net income of $-2.1M, with full-year net income negative, and a market cap of only $9.4M. While MacKay's prior buy at CARV in February 2024 achieved a +9.6% 90-day return, the current stock price of $1.83 is -21.8% below the 52-week high and down -6.9% over 90 days, indicating deteriorating momentum since the timing pattern of his earlier purchase.