Director van Kesteren buys 13,000 shares (13.0K shares) at $35.00 for $455,000 amid -41.2% annual revenue decline and losses.
van Kesteren Gerard purchased 13,000 shares (13.0K shares) at $35.00 for $455,000.00 ($455.0K) on 2024-08-05, increasing his holdings by 65.0% from 20,000 shares (20.0K shares) to 33,000 shares (33.0K shares). This transaction occurs in a financially challenged environment: JANEL CORP reported annual revenue decline of -41.2% and net income of $-191,000.00 ($-191.0K), with the stock currently trading at $37.00, down 15.4% over the past 30 days. While van Kesteren has executed 5 prior buys at JANL, only 2 of these 5 prior purchases exhibited positive 90-day returns (40% success rate), and his broader cross-ticker track record shows a 90-day win rate of 40.00% with average 90-day returns of -2.8%. The buy at $35.00 remains above the 52-week low of $23.00 but well below the 52-week high of $45.00.