Erez Meltzer, Director at Nano-X Imaging Ltd. (NNOX), bought 60,000 shares at $0.76 ($45K) on 2026-09-14, disclosed to the SEC on 2026-09-15.
Director Erez Meltzer purchased $22,800 worth of shares at $0.76, marking the largest insider purchase in the company's history, which may signal confidence despite recent stock declines. The trade occurred just days after management reported Q2 earnings that highlighted strong revenue growth but significant cash burn and impairment charges.
NNOX has dropped 24.59% over the last five days and is currently trading 29.48% lower than 30 days ago, sitting 76.92% below its 52-week high of $3.055.
1) Q2 2026 earnings on September 9, 2026, which showed revenue growth of 37% but a $40.7 million impairment charge and wider GAAP loss; 2) The company's restructuring plan and shift to outsourced manufacturing announced on September 10, 2026, aimed at extending cash runway; 3) The largest-ever insider purchase by Meltzer, signaling potential institutional support.
1) The company faces a critical cash runway issue, as Q2 earnings revealed a substantial cash burn and a $40.7 million impairment charge; 2) The stock is down 59.36% over the last 90 days, indicating significant bearish sentiment and potential continued volatility.
Clearly above the average filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.75 | 30,000 | $23K | 49.7% |
| 2 | $0.76 | 30,000 | $23K | 50.3% |
| Total | $0.76 avg | 60,000 | $45K | 100% |
| Filing → |