Director Wishart-Smith bought 7,000 shares of OESX at $0.80; stock at $8.42, part of 2-insider cluster buy in 14 days.
Wishart-Smith, a director, purchased 7,000 shares at $0.80 on 2025-02-14, increasing holdings by 77.6% to 16,025 shares total. This purchase value of $5,598.60 represents a meaningful stake expansion. The stock currently trades at $8.42, reflecting -45.0% from its 52-week high of $15.30, positioning this buy well below recent peaks. Additionally, 2 other insiders purchased shares within the same 14-day window, forming a cluster buy pattern. The company reported $19.6M revenue in the latest quarter with $-1.5M net income, showing operational losses despite 17.1% year-over-year revenue growth. The director's prior buy at this ticker on 2024-06-12 showed a 90-day return of +674.7%, demonstrating well-timed entry on previous occasion. The timing and magnitude of this purchase, combined with coordinated insider activity and the company's depressed valuation relative to recent levels, warrant investor attention to the directors' conviction in the equity at these price points.