Keith A. Meister purchased $4.54 million worth of shares at $35.46, marking the largest purchase in the company's history. This move comes as the stock has crashed nearly 59% over the last 90 days, potentially signaling a contrarian bet on the turnaround.
Price context
WGS is currently trading at $39.70, down 58.11% over the last 90 days and 76.77% below its 52-week high of $170.87.
Catalysts to watch
- •Management reported a 34% growth in test volumes in the Q1 2026 report cited by Motley Fool on May 23.
- •Activist investors have taken notice, as noted by Barrons on May 22.
- •Keith A. Meister executed the largest purchase in company history on May 7.
Risks
- •Short interest represents 27.36% of the float.
- •The stock has been under pressure following a securities investigation and a 49% crash triggered by an 'alarming' Q1 sales miss, as reported by Investor's Business Daily on May 5.
AI-generated context from public data. Not investment advice. Verify before trading.