CEO/Director Hovde put in $1.1M with a second insider alongside, but delta_own is only 6% on an already-large stake so conviction is moderate. Deep capitulation setup: RSI 21.6, down 38% in 20 days, 33% off the 52w low but well below both MAs — a falling knife caught by real C-suite money. Recent $42M loss tied to one BaaS consumer portfolio plus a CFO departure keep this a small position, not a runner.
Watch: Recent $42.1M quarterly loss driven by a $68.8M charge; CFO departure adds uncertainty; below ma20 and ma50; insider also carries 10% owner status.