medium
Buy
25,000 shares
$15,050
Significance
4/10
CCO Smith Robert Paul JR bought 25,000 shares of GOSS at $0.60; stock down -57.8% over 90 days from unprofitable company.
Chief Commercial Officer Robert Paul Smith JR purchased 25,000 shares at $0.60 on 2024-06-17, establishing his first position in Gossamer Bio. The transaction occurred while the company reported net income of $-41.9M and the stock has declined -57.8% over the prior 90 days, trading at $0.57 (current), down -68.7% from its 52-week high of $1.82. The purchase represents a 25.0K share new position at a price 5% above current market levels, suggesting the executive initiated or increased commitment despite significant recent losses and negative profitability.