CEO Morris John Andrew Sr. buys 249,802 shares ($1.0M) at $4.09 avg in RPAY facing -44.7% 90-day decline, unprofitable FY
Morris John Andrew Sr., Chief Executive Officer of Repay Holdings Corp, made 2 separate purchases totaling 249,802 shares for $1,022,272.49 on 2025-05-14 and 2025-05-15 at a blended average price of $4.09. The timing coincides with material stock deterioration: the stock is -44.7% over 90 days, -62.7% from its 52-week high of $11.00, and is trading at $4.10 (near the transaction price). The company is fundamentally challenged—net income was $-7,947,000.00 over the most recent full fiscal year despite revenue of $77,325,000.00, indicating operating losses. This CEO purchase occurs against a backdrop of unprofitability and significant downward price momentum, providing a data point on insider positioning but without scheduled trading plan disclosure suggesting discretionary intent.