10% Owner Mathers Edward T buys 207,100 shares of KRRO at $11.11; stock down -77.6% from 52-week high amid unprofitable operations and revenue of $1.1M.
Mathers Edward T, a 10% owner, purchased 207,100 shares at $11.11 on 2026-03-10, increasing holdings by 19.0% to 1,297,893 shares and deploying $2.3M in capital. The transaction occurs within a cluster of 8 other insider buys over the past 14 days, suggesting coordinated management action. However, the stock trades at $11.50, down -77.6% from its 52-week high of $51.36, while the company remains unprofitable with net income of -$18.1M despite quarterly revenue of $1.1M and strong annual revenue growth of +181.5%. At the same ticker, Mathers' prior buy (2024-04-22) resulted in a -18.6% return over 90 days, and his cross-ticker track record shows mixed timing (66.67% win rate on buys). The confluence of material capital deployment by insiders, a depressed stock price relative to recent history, unprofitable fundamentals, and a prior loss-generating buy at this ticker warrants investor attention to whether this represents conviction in a turnaround or additional capital at risk in a struggling operation.