Erez Meltzer, Chief Executive Officer at Nano-X Imaging Ltd. (NNOX), bought 36,000 shares at $0.93 ($33K) on 2026-07-27, disclosed to the SEC on 2026-07-28.
CEO Erez Meltzer purchased 36,000 shares for $33,480 at $0.93, marking the largest insider purchase in the company's history. This significant buyback by top management during a steep price decline suggests confidence in the company's long-term prospects despite current financial headwinds.
NNOX has crashed nearly 48% over the last 90 days, trading at $0.89, which is 70.87% below its 52-week high of $3.055 and only 18.67% above its 52-week low of $0.75.
1) Q1 2026 earnings call on June 25, 2026, where management discussed revenue growth and strategic partnerships; 2) Q2 2026 earnings call on June 25, 2026; 3) The deployment of 300 Nanox.ARC systems in the U.S. over the next three years, starting with a partnership with Howard Technology Solutions announced on April 23, 2026.
The company faces significant cash flow concerns and revised revenue targets, as noted in the Q1 2026 earnings call highlights on June 25, 2026. Additionally, analysts have trimmed the fair value estimate from US$7.75 to US$6.65, as reported on April 27, 2026.
Clearly above the average filing.