Factor Model (net +1.4)
Factor Model
net +1.4 2.5 / 10CBO buys 1M shares for $670K
Watch: Watch for Q1 earnings or business updates that could validate Wambeke's timing. If fundamentals support the insider buy, the gap to the $2.25 median price target becomes the story.
Chief Business Officer David Wambeke bought 1 million shares on March 1 for roughly $670,400 — a substantial insider commitment at around $0.67 per share. This marks the second insider trade in six months, following one sale. Institutional moves in Q4 were mixed: SIO Capital dumped 1.2 million shares while Essex Investment added 188,000.
A $670K bet by the CBO signals confidence at current prices, especially given the stock trades well below analyst targets. The purchase comes after Q4 saw major institutional exits, suggesting insiders see value where institutions don't.
Evidence
Fundamentals & Data ▾
Recent transactions
Get alerted when NMTC changes direction
We'll email you when our AI detects a shift — reversals, insider clusters, filing red flags.