Director Woteki buys 5,770 shares of NEOG at $5.17; cluster of 6 other insiders also bought within 14 days amid -70.9% 52-week drawdown
Catherine E Woteki, a director, purchased 5,770 shares at $5.17 on 2025-04-25, increasing her holdings by 77.2% from 7,474 to 13,244 shares. This transaction is part of a cluster pattern: 6 other insiders also bought within the past 14 days. The purchase occurred at a price point significantly below the 52-week high of $17.71 (-70.9%), following a 30-day decline of -38.8% and 90-day decline of -55.0%. The company generated $221.0M in latest-quarter revenue with annual growth of +12.4%, yet reported full-year net income of -$11.0M, indicating recent profitability challenges despite year-over-year revenue expansion. The synchronized buying activity across multiple insiders during sustained price weakness warrants investor attention to whether management's actions signal conviction despite operational headwinds.