10% Owner Chernett Jorey Continues Significant Accumulation with $675K Open Market Purchase
summarizeSummary
A 10% owner of Neuronetics, Chernett Jorey, made another significant open market purchase of $675,000, continuing a trend of accumulation following recent positive company developments.
check_boxKey Events
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Significant Insider Purchase
Chernett Jorey, a 10% owner, acquired 500,000 shares of common stock for a total of $675,000 in an open market transaction on March 27, 2026.
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Continued Accumulation Trend
This purchase is part of an ongoing accumulation pattern by Chernett Jorey, who has made multiple significant open market buys recently, totaling over $2.4 million in the last 90 days.
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Post-Transaction Holdings
Following this transaction, Chernett Jorey directly holds 9,393,276 shares of Neuronetics common stock.
auto_awesomeAnalysis
This Form 4 filing indicates a substantial open market purchase by Chernett Jorey, a 10% owner, continuing a pattern of significant accumulation in Neuronetics. This $675,000 purchase follows previous large buys by the same insider, signaling strong conviction in the company's prospects. This ongoing insider buying comes after recent positive news, including robust Q4 2025 financial results and the appointment of a new CEO, potentially counteracting any concerns from the recent S-3 filing by another institutional investor.
At the time of this filing, STIM was trading at $1.27 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.