CEO Singh put in $2.0M on Aug 6 as a brand-new open-market stake (ΔOwn 999) — a large, unambiguous conviction buy from the top operator, 6.5% below his purchase price. Stock is 48% off its 52w low but well off the bottom, sitting above ma50, RSI 44; profitable with 46% gross margin. Latest quarter showed a GAAP net loss with tariff-refund-inflated EPS and margin pressure, which caps the setup.
Watch: Q2 swung to underlying net loss with net-margin compression; revenue down 4% YoY; well above 52w low so not a value entry.