Tim Cruickshank, CFO at HeartBeam, Inc. (BEAT), bought 31,250 shares at $0.80 ($25K) on 2026-04-16, disclosed to the SEC on 2026-04-16.
HeartBeam CFO Tim Cruickshank purchased 31,250 shares at $0.80, marking the largest insider purchase in the company's history. This significant buyback by C-suite leadership suggests confidence in the stock's recovery potential following a sharp decline.
The stock is trading at $0.81, down 31.36% over the past five days and 61.06% over the last 90 days, yet it remains 50% above its 52-week low of $0.54.
Catalysts include a Zacks upgrade to Buy on May 27, 2026, and the Q1 2026 earnings call on May 14, 2026. Additionally, the April 16, 2026 purchase by CFO Cruickshank stands as the largest insider buy in the company's history.
The stock carries risk due to a 6% short interest and a reported $21 million net loss in Q4 2025. Furthermore, the company faces challenges in early-stage commercialization as noted in recent earnings reports.
Clearly above the average filing.