10% owner Patrick E. Beans bought 2,500 shares of NRC at $13.59; stock down 57.8% from 52-week high.
Patrick E. Beans, a 10% owner, purchased 2,500 shares at $13.59, increasing his holdings to 35,003 shares. The transaction occurs in a context of significant stock weakness: NRC is trading at $13.44, down 57.8% from its 52-week high of $31.84, though it has recovered 25.6% over the past 30 days. The company's fundamentals show modest deterioration with annual revenue declining 3.7%, though the P/E of 12.68 and recent modest quarterly results ($33.6M revenue, $5.8M net income) suggest the stock is trading at a relatively low valuation multiple. The buy occurs after a sharp drawdown and partial rebound, in a period of material price recovery, without any disclosed scheduled trading plan indicated in this filing.