Insider Trading March 24, 2026

Daxor CMO Registers 5,941-Share Acquisition in Transactions Recorded at $0

Chief Medical Officer John Jefferies adds to his stake as company reports revenue growth and regulatory filing change in progress

By Maya Rios DXR
Daxor CMO Registers 5,941-Share Acquisition in Transactions Recorded at $0
DXR

Daxor Corp's Chief Medical Officer, John Jefferies, reported two acquisitions totaling 5,941 shares of common stock on March 20, 2026. The filings list the transactions at a $0 price per share. The moves come as the stock trades at $10.34, while the company has reported strong operating revenue growth, increased net assets and completed a registered direct offering that raised roughly $8.1 million in net proceeds.

Key Points

  • John Jefferies bought a total of 5,941 Daxor common shares on March 20, 2026, with the transactions reported at $0 per share.
  • The share purchases comprise 3,656 shares vesting March 20, 2029, and 2,285 shares that vested March 20, 2026; Jefferies now directly holds 23,557 shares.
  • Daxor reported a 45% increase in operating division revenue in 2025, net assets of $45.9 million as of December 31, 2025, and completed a registered direct offering raising roughly $8.1 million net.

John Jefferies, the Chief Medical Officer at Daxor Corp (NASDAQ: DXR), disclosed two stock acquisitions dated March 20, 2026, totaling 5,941 shares of Daxor common stock. Both transactions were reported as acquisitions with a reported price per share of $0.0 and a total outlay listed as $0.

The filings break down the activity into two separate grants. One line records an acquisition of 3,656 shares that vest on March 20, 2029. The other entry shows 2,285 shares that vested on March 20, 2026. After these entries, Jefferies is reported to directly own 23,557 shares of Daxor common stock.

At the time of the report, Daxor’s shares were trading at $10.34. That level represents a year-to-date decline of 30.64 percent, contrasted with a 25.52 percent increase over the trailing 12 months.

Investment research from InvestingPro is cited in the filings as indicating that Daxor’s shares may be undervalued at current market levels, with analyst price targets clustered in the $22 to $23 range. The InvestingPro material is referenced as providing Fair Value estimates and financial health metrics for additional context on valuation and balance sheet considerations.

Separately, the company reported material operational and balance sheet developments for 2025. Daxor’s operating division revenue rose by 45 percent in 2025 versus the prior year, according to the information provided. Net assets increased to $45.9 million as of December 31, 2025, up from $35.8 million a year earlier.

Daxor is also in the process of converting its regulatory reporting framework. The company intends to move from reporting under the Investment Company Act of 1940 to reporting under the Securities Exchange Act of 1934, subject to required approvals. Management expects the transition to conclude by the end of the second quarter, tying the change to the growth of its diagnostic technology business.

Finally, Daxor completed a registered direct offering, generating approximately $8.1 million in net proceeds. The offering consisted of 765,958 registered shares priced at $11.75 per share and was executed under the company’s shelf registration statement, which the filing notes was declared effective by the SEC in January 2026.

The filings and corporate disclosures provide a snapshot of insider holdings, analyst valuation views and recent corporate finance activity as shareholders and market participants assess the company’s financial positioning and reporting transition.

Risks

  • Regulatory transition is pending approvals - the shift from the Investment Company Act of 1940 to the Securities Exchange Act of 1934 is expected to be completed by the end of the second quarter but depends on required approvals.
  • Market volatility in the company’s shares - the stock is trading at $10.34, down 30.64% year-to-date despite being up 25.52% over the past year, indicating price swings that could affect investors.
  • Valuation uncertainty - InvestingPro analysis indicates potential undervaluation with price targets between $22 and $23, showing a sizable gap between current market price and analysts’ targets.

More from Insider Trading

Hinge Health CFO James Budge Sells $465K in Class A Shares Mar 24, 2026 Hinge Health President Disposes of $633,927 in Stock via 10b5-1 Plan Mar 24, 2026 Silver Lake Sells $49.3M of Dell Class C Stock as Conversions, Corporate Upgrades Also Reported Mar 24, 2026 Bristow Director Disposes of 1,000 VTOL Shares in $45,000 Transaction Mar 24, 2026 Serina Therapeutics CSO Sells Shares, Exercises Options as Company Advances Parkinson’s Program Mar 24, 2026