Director Steven D Gray bought 25,000 shares of INR at $12.81 on 2026-06-12; stock -37.1% from 52-week high, insider's 4 prior INR buys posted 0% 90-day win rate.
Steven D Gray purchased 25,000 shares at $12.81, increasing his holdings to 40,000 shares (+166.7%). The stock has declined -37.1% from its 52-week high of $19.90 and -20.7% over the past 30 days, trading at a current price of $12.51. His prior transaction history at INR shows a concerning pattern: 4 prior buys generated 90-day returns of -9.4%, -8.0%, -4.7%, and -18.8%, with a 0% win rate at the 90-day mark. His cross-ticker track record across all holdings shows similar weakness, with an average 90-day return of -10.2% across 4 prior buys and a 0.00% win rate. The company's fundamentals show mixed signals—annual revenue growth of +37.6% is positive, yet net income declined to -$1.9M in the latest quarter. A cluster of 3 other insiders also bought within 14 days, suggesting possible coordinated conviction, though the historical track record on this ticker offers limited reassurance about timing accuracy.