CLO Rebecca Marquez buys 1,150 shares of XPER at $8.62; 2 other insiders bought within 14 days
Marquez Rebecca, CLO and Secretary, purchased 1,150 shares at $8.62 on 2024-08-23, adding to holdings of 156,131 shares post-transaction. This buy occurs as XPER trades at $8.94, down 25.9% from its 52-week high of $12.06, yet up 11.6% over the past 30 days. The transaction is noteworthy because 2 other insiders also bought within the past 14 days, forming a cluster buy pattern. Against this context, the company's fundamentals show revenue of $119,591,000.00 with a net loss of $-30,299,000.00 in the latest quarter, and full-year profitability remains negative despite 3.8% annual revenue growth. The concurrent buying by multiple insiders at depressed valuations—amid unprofitability—presents a mixed signal: insiders are accumulating, yet the underlying business loss warrants caution.