10% Owner Chernett Jorey Continues Accumulation with $481K Open Market Purchase
STIM sits 62% above its 52-week low of $0.8.
Summary
Chernett Jorey, a 10% owner of Neuronetics, purchased an additional $481,802 worth of common stock in an open market transaction, extending a recent pattern of insider accumulation.
Key Events · Ownership and Investor Activity · STIM
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Significant Insider Purchase
10% owner Chernett Jorey acquired 385,442 shares of common stock for a total of $481,802 in an open market transaction at an average price of $1.25 per share.
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Continuation of Accumulation Trend
This purchase extends a pattern of significant insider buying by Chernett Jorey, who has made multiple large open market purchases in March 2026, totaling over $2.5 million.
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Post-Transaction Holdings
Following this transaction, Chernett Jorey directly holds 9,778,988 shares of Neuronetics common stock.
Analysis · STIM · Industrial Applications And Services
This Form 4 filing indicates a continued vote of confidence from a significant institutional investor. Chernett Jorey, a 10% owner, has consistently increased its stake in Neuronetics through open market purchases, with this latest transaction adding nearly half a million dollars to their holdings. This ongoing accumulation, following previous purchases of $615K and $1.4M in March, suggests a strong belief in the company's future prospects, especially after the recent positive Q4 earnings and CEO appointment. Investors should note the sustained insider buying trend.
At the time of this filing, STIM was trading at $1.29 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $88M. The 52-week trading range was $0.80 to $4.85. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.