Frank Martell, Chief Executive Officer at SmartRent, Inc. (SMRT), bought 60,260 shares at $1.19 ($69K) on 2026-06-04, disclosed to the SEC on 2026-06-05.
CEO Frank Martell purchased 20,000 shares at $1.19 on June 4, 2026, a move that is flagged as the largest insider purchase in the company's history. This rare reversal comes as the stock has dropped 38.14% over the last 90 days.
The stock is trading at $1.095, down 12.4% over the last 5 days and 38.14% over the last 90 days, putting it 50.23% below its 52-week high of $2.20.
1) Q2 2026 Earnings on August 5, 2026: The company reported core revenue surged 14% and sales topped expectations. 2) Q2 2026 Earnings Call on August 12, 2026: Management highlighted strong execution of its Vision 2028 plan and best-in-class IoT solutions. 3) Largest Ever Insider Purchase: The signal flags indicate this is the largest insider purchase in the company's history.
1) Fundamental Concerns: Recent news articles label the stock as having 'questionable fundamentals' and advise caution. 2) High Beta: The stock has a beta of 1.518, indicating it is significantly more volatile than the broader market.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $1.19 | 20,000 | $24K | 34.3% |
| 2 | $1.13 | 40,260 | $45K | 65.7% |
| Total | $1.15 avg | 60,260 | $69K | 100% |
| Filing → |
| SMRT | BUY | 2026-05-08 | $56K | — | Filing → |
| SMRT | BUY | 2025-12-16 | $166K | — | Filing → |
| SMRT | BUY | 2025-12-12 | $155K | — | Filing → |