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EdgarHawk

Salaman Michael

President

Director Officer
3 filings analyzed · 1 company · Latest 2025-03-20

Companies

Company Buys Sells Direction
GrowGeneration Corp. GRWG 4 0 Net buying

Activity

March 2025
2025-03-20 GrowGeneration Corp. GRWG
low
Buy
85,465 shares
$103,413
Significance 3/10

Salaman Michael (President) bought 85,465 shares of GRWG at $1.21 on 2025-03-19; stock now -63.1% from 52-week high, -16.4% annual revenue decline.

President Salaman Michael purchased 85,465 shares at $1.21, increasing his holdings by 5.5% to 1,639,313 shares. The timing context is unfavorable: GrowGeneration is trading -63.1% from its 52-week high of $3.33, has declined -25.9% over the past 90 days, and the company reported a net loss of $-11,435,000.00 against revenue of $50,006,000.00 in its latest quarter, with annual revenue down -16.4% year-over-year. His prior trades at GRWG show a 0 of 3 well-timed buy track record at the 90-day mark (prior buys resulted in -7.5%, -17.8%, and -9.0% 90-day returns), and his cross-ticker track record exhibits a 0.00% 90-day win rate across 5 prior buys with an average 90-day return of -9.2%. The transaction adds to a pattern of purchases in a deteriorating business environment without evidence of successful timing on prior attempts at this security.

November 2024
2024-11-20 GrowGeneration Corp. GRWG
medium
Buy
58,476 shares
$101,748
Significance 4/10

GRWG president Michael Salaman buys 58,476 shares at $1.74; stock down 46.6% from 52-week high, -18.8% annual revenue decline

Michael Salaman, President of GrowGeneration Corp., purchased 58,476 shares at $1.74 on 2024-11-19, increasing his holdings to 1,503,848 shares. The purchase occurred as GRWG trades at $1.78, down 46.6% from its 52-week high of $3.33 and declined 18.4% over the past 90 days. The underlying business context is challenging: the company reported annual revenue decline of -18.8%, a net loss of $-11,435,000.00 in the latest quarter, and remains unprofitable on a full-year basis with a market cap of $105,455,242.04. Examining Salaman's prior transaction history at GRWG specifically, his four prior open-market purchases show mixed results: two generated near-term gains (2024-08-14 and 2024-08-13 both positive at 30 days), but only one of four prior trades was well-timed at the 90-day mark, reflecting a 25% success rate on longer-term gains. His cross-ticker track record is similarly modest, with 4 prior buys averaging a 90-day return of -3.5% and a 25% win rate at that horizon.

August 2024
2024-08-15 GrowGeneration Corp. GRWG
high
Buy
105,297 shares
$198,188
Significance 6/10

President Michael Salaman buys 105,297 shares at $1.88–$1.90 across 2 transactions; stock down -19.8% in 30 days amid -18.8% annual revenue decline and $5.9M loss.

Michael Salaman, President of GrowGeneration Corp., executed 2 separate purchases totaling 105,297 shares for $198,187.68, raising his holdings from 1,340,075 shares to 1,445,372 shares. The purchases occurred at $1.88 and $1.90 on 2024-08-13 and 2024-08-14, a period when GRWG traded -19.8% below its 30-day average and -43.7% below its 52-week high. Fundamentally, the company reported $53,536,000 in latest-quarter revenue against a net loss of $-5,896,000, with annual revenue declining -18.8% year-over-year. A cluster buy signal is present: 2 other insiders also acquired shares within the past 14 days, indicating aligned insider activity during depressed pricing and negative financial momentum.

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