CFO Kenneth McGrath buys 32,300 shares of OSUR at $2.93; stock up 30.0% in 90 days despite -38.1% annual revenue decline
McGrath purchased 32,300 shares at $2.93 on 2026-03-20, increasing his stake to 589,562 shares (+5.8% increase in holdings). This is his second purchase within a week (prior buy on 2026-03-13), suggesting sustained accumulation at these levels. The stock has risen 30.0% over 90 days and 12.0% over 30 days, yet OSUR's fundamentals deteriorated sharply: annual revenue fell 38.1% year-over-year, net income was -$13.7M in the latest quarter, and the company remains unprofitable. At the same ticker, McGrath's prior buy on 2025-02-27 delivered a 90-day loss of -12.1%, and only 1 of his 2 prior OSUR trades with measurable outcomes proved well-timed at the 90-day mark. The acquisition pattern and recent price momentum stand in sharp contrast to the company's operational deterioration, warranting scrutiny of whether the insider is responding to non-public developments or following technical momentum in an operationally challenged business.
CFO Kenneth J McGrath bought 22,021 shares of OSUR at $3.00, bringing holdings to 557.3K shares as stock up 29.3% in 90 days but company unprofitable with -38.1% revenue decline.
Kenneth J McGrath, CFO of ORASURE TECHNOLOGIES INC, purchased 22,021 shares at $3.00 on 2026-03-13, expanding his holdings by 4.1% to 557.3K shares. The timing follows a sharp 90-day run of +29.3% in stock price, though the company faces significant headwinds: annual revenue declined -38.1% and the firm posted net income of $-13.7M on quarterly revenue of $27.1M. His track record shows mixed outcomes—at OSUR specifically, his prior two buys (2025-02-27 and 2023-05-30) produced 30-day results of +8.8% and +2.5% respectively, but only one of two prior buys was well-timed at the 90-day mark. The current stock price of $3.13 remains -14.5% below the 52-week high of $3.66, and this purchase represents a relatively modest $66.0K commitment against an unprofitable balance sheet.
CFO Kenneth J McGrath bought 64,000 OSUR shares at $3.15; holds 371,013 post-trade as 4 insiders buy in 14 days
McGrath purchased 64,000 shares (+20.8% vs pre-transaction holdings) at $3.15, expanding his stake to 371,013 shares amid a cluster of 4 concurrent insider buys within 14 days. The stock has declined 59.5% from its 52-week high of $7.73 and is off 20.0% in the last 30 days, yet the CFO committed $201,683.20 to the position. McGrath's prior open-market buy at this ticker (May 2023) generated a 90-day return of +34.9%, and his cross-ticker track record shows a 100.0% win rate on prior buys with average 90-day return of +34.9%; his prior trade at OSUR proved well-timed at the 90-day mark. The company posted net income of $-4.5M on $39.9M quarterly revenue (+4.6% annual growth), and the concurrent cluster buy pattern indicates multiple board members or executives are accumulating at current depressed levels.