CEO Pacala purchases 50,954 shares at $9.79 blended average for $498,971.02; holdings increase to 770.0K shares (+7.1%)
Charles Angus Pacala, President and CEO, executed 2 separate open-market purchases totaling 50,954 shares for $498,971.02 on 2024-12-12 at a blended average price of $9.79, expanding his stake by 7.1% to 770.0K shares. The current stock price of $9.38 sits -42.8% from the 52-week high of $16.39, though the stock has appreciated +49.1% over the past 90 days and +11.1% over the past 30 days. Pacala's cross-ticker track record shows limited success with prior open-market buys, posting an average 90-day return of -11.8% with a 0.00% win rate, and at this same ticker his May 2024 purchase declined -11.8% by the 90-day mark. The company posted revenue of $28,075,000.00 in the latest quarter with a net loss of -$25,590,000.00 and remains unprofitable on a full-year basis, though annual revenue growth stands at +103.0%.