Rice (President/COO) buys 1,200 shares of PAL at $7.59; stock down 60.5% from 52-week high, company unprofitable
Rice purchased 1,200 shares at $7.59 on 2025-05-12, increasing her holdings by 163.3% to 1,935 shares total. The purchase occurs against a sharply deteriorated price backdrop: the stock is down 60.5% from its 52-week high of $20.49 and has declined 26.8% over 90 days. Fundamentally, the company was unprofitable in its most recent full fiscal year with a net loss of $1,365,476.00. Rice's own prior open-market buy at PAL on 2025-02-27 showed a negative 30-day return of -12.7%, suggesting her earlier conviction on the company has not yet been validated by price performance.
COO Amy F. Rice buys initial 500 shares of PAL at $10.00; stock now trading -49.5% from 52-week high at $10.34
President and COO Amy F. Rice purchased 500 shares at $10.00 on 2025-02-27, establishing a new position with zero prior holdings. The stock is currently trading at $10.34, down -49.5% from its 52-week high of $20.49, and remains near the bottom of its $7.65–$20.49 trading range. The company reported net income of $-1.4M on quarterly revenue of $91.5M, indicating ongoing profitability challenges. The modest transaction size ($5.0K) and the executive's previously zero holdings make this a small initial stake, warranting observation for whether additional accumulation follows.