CEO Jeremy Peter Jackson purchased 2,400 shares for $244,656, marking the largest purchase of his career. This move comes as the stock has crashed 61.17% over the last year, potentially signaling confidence in a turnaround.
Price context
The stock is currently trading at $96.00, down 61.17% over the past year and 69.4% below its 52-week high of $313.69.
Catalysts to watch
- •CEO Jackson's purchase is the largest of his career, signaling confidence in the turnaround.
- •Q1 2026 earnings saw revenue and non-GAAP profitability surpass expectations (May 16).
- •Citi warned US profit targets may be too optimistic for the second half of 2026 (May 12).
Risks
- •The stock has a short interest of 6.84% of the float.
- •Operating margins declined sharply year-over-year in Q1 2026.
AI-generated context from public data. Not investment advice. Verify before trading.