Cetera Wealth Services, LLC, 10% Owner at Republic Power Group Ltd (RPGL), bought 2,596,344 shares at $7.20 ($18.7M) on 2026-02-24, disclosed to the SEC on 2026-03-06.
Cetera Wealth Services, LLC executed the largest insider purchase in RPGL's history by buying 1.3 million shares for $9.3 million, signaling confidence despite the stock's steep decline. This high-value transaction comes as the shares trade near their 52-week low, suggesting a potential contrarian entry point for sophisticated traders.
RPGL shares have plummeted 89.6% over the last 30 days, trading at $1.31 which is just 3.97% above the 52-week low of $1.26.
The transaction represents the largest insider purchase in RPGL's history, potentially generating momentum as the stock trades near its 52-week low.
The stock trades at a negative PE TTM of 0.048, indicating fundamental distress, while short interest remains elevated at 2.71% of the float.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $7.20 | 1,298,172 | $9.3M | 50.0% |
| 2 | $7.20 | 1,298,172 | $9.3M | 50.0% |
| Total | $7.20 avg | 2,596,344 | $18.7M | 100% |
| Filing → |
| RPGL | SELL | 2026-03-11 | $205K | — | Filing → |