AKIN THOMAS B

Director AKIN THOMAS B purchased 1,946,232 shares (1.95M shares) for $471,116.30 across 4 transactions at blended $0.24 average.

AKIN THOMAS B, a Director at MOBIVITY HOLDINGS CORP. (MFON), executed 4 separate purchases totaling 1,946,232 shares for $471,116.30, increasing his holdings from 27.25M to 29.20M shares (+7.1%). The purchases occurred at $0.23 and $0.25 per share, with the stock currently trading at $0.37 (+68.2% over 30 days and +44.8% over 90 days from the transaction dates). At MFON specifically, his prior 5 trades show mixed outcomes: 3 of the 5 prior buys were well-timed at the 90-day mark, suggesting some historical accuracy in entry timing at this ticker. However, the company reported a latest quarterly revenue of $226,208.00 and full-year net income of -$2,458,552.00, with annual revenue declining -7.4%, underscoring fundamental deterioration beneath the recent price strength. The insider's cross-ticker track record shows 20 prior buys averaging -7.1% 30-day return and -12.4% 90-day return with a 40% win rate, indicating persistent challenges in buy timing across a broader portfolio. The significant share acquisition size (1.95M shares, +7.1% of prior holdings) at prices well below current levels, combined with poor fundamental metrics and the insider's unfavorable track record, requires scrutiny into whether this activity reflects material non-public information or represents accumulation at substantially depressed valuations.

Director Thomas B Akin bought 1,973,269 shares across 30 transactions from $1.08 to $0.40, accumulating $1.1M at $0.56 blended average.

Thomas B Akin, a director, executed 30 separate open-market purchases totaling 1,973,269 shares for $1,114,690.08 between November 2022 and June 2024, increasing his holdings by 8.0% from 24.7M to 26.7M shares. The purchases occurred at prices ranging from $1.08 down to $0.40, with the majority clustered at declining price points (June 2023 at $0.99, September 2023 at $0.64, December 2023 at $0.37, and March 2024 at $0.40), revealing a pattern of accumulation as stock price deteriorated. The company's fundamentals show material distress: revenue of $1.6M in the latest quarter with annual revenue decline of -7.4%, annual net loss of -$2.3M, and market cap of $20.4M. Critically, his prior trades at this ticker show a 0% success rate with average 90-day returns of -39.0% to -45.4%, and his cross-ticker track record shows 0% win rate at the 90-day mark with average 90-day return of -40.4%, indicating a systematic pattern of adverse timing across his buying activity.

Director Thomas B Akin buys 543,145 shares of MFON at $0.41; stock now $0.30, down 40% in 90 days

Director Thomas B Akin purchased 543,145 shares at $0.41 on 2024-06-30, increasing his stake to 27,251,960 shares (27.25M shares). The stock has since declined to $0.30 and is down -40.0% over the last 90 days, representing a paper loss from the transaction price. At the same-ticker level, Akin's prior 4 trades at MFON were well-timed at the 90-day mark, with two consecutive buys on 2023-12-31 followed by a 90-day return of +35.1%, but this most recent purchase has declined -4.9% in the 30 days measured. The company is unprofitable with a net income of $-2,254,242.00 (negative $2.3M) in the latest quarter and annual revenue decline of -7.4%, constraining any bullish narrative around the transaction.