David Mark O'Hara, Director at CADIZ INC (CDZI), bought 110,865 shares at $4.58 ($508K) on 2026-05-26, disclosed to the SEC on 2026-05-28.
Director David Mark O'Hara purchased 110,865 shares for $507,762, marking the largest purchase in the company's history. This significant insider buying at $4.58 suggests confidence in the stock's recovery potential following a recent pullback.
The stock is currently trading at $5.13, down 1.35% over the last 90 days despite a massive 83.87% gain over the past year. It is trading 26.29% below its 52-week high of $6.96.
The purchase represents the largest insider buy in the company's history, signaling strong conviction. Additionally, the company reported a revenue beat of 6.39% in Q3 2025, suggesting operational progress.
The company trades at a negative forward P/E of -19.04, indicating it is currently unprofitable. Furthermore, the stock has a high beta of 1.786, suggesting significant volatility.
Something here stands out, but not much.