Weil A Lorne, who serves as Executive Chairman of Inspired Entertainment, Inc. (NASDAQ: INSE), made a series of insider purchases totaling 50,000 shares of the company's common stock over a three-day span, according to a Form 4 filing with the Securities and Exchange Commission. The aggregate value of the transactions was approximately $339,915.
The insider buying took place between March 25 and March 27, 2026. Detailed per-day activity reported on the filing shows:
- March 25, 2026 - 8,341 shares purchased in a trading range of $6.60 to $6.70, at a reported price of $6.66 per share.
- March 26, 2026 - 21,659 shares purchased in a trading range of $6.72 to $7.00, at a reported price of $6.85 per share.
- March 27, 2026 - 20,000 shares purchased in a trading range of $6.61 to $6.91, at a reported price of $6.80 per share.
Following these purchases, Weil's disclosed holdings include 306,380 shares held directly and additional interests held indirectly: 622,771 shares by trusts, 49,384 shares by LLC Hydralex Holdings LLC and 493,015 shares by LLC Angele Delaware Investments LLC, as stated in the filing.
The insider activity occurred while the stock was trading near a 52-week low of $6.10. Year-to-date the shares are down roughly 29%, although they have recovered about 9% over the prior week.
Market commentary included in the company's public reporting points to mixed recent operating results. In its fourth quarter, the company reported earnings per share of -$0.18, which missed the consensus forecast of $0.24 by a wide margin and represented a negative surprise of 175%. Revenue for the same quarter came in at $77.2 million, exceeding the expected $75.59 million and producing a positive revenue surprise of 2.13%.
Despite the EPS shortfall, at least one research firm reiterated a Market Outperform rating and held a price target of $11.00 for the shares. That firm projected first-quarter 2026 EBITDA to increase by at least 20% year-over-year to $22 million. Full-year 2026 EBITDA guidance was provided with a midpoint of $115 million, which the firm noted aligns with consensus expectations. The same commentary indicated that growth should be more pronounced in the second half of the year.
Separately, an independent market analysis platform identified the stock as appearing undervalued at current levels and included the company on its list of most undervalued stocks on the platform.
These developments combine an insider purchasing signal with a set of recent financial results that include both a material EPS miss and a modest revenue beat, together with forward-looking guidance that anticipates EBITDA growth. The interplay of these factors frames the current market context for the company's equity.
Clear summary: Executive Chairman Weil purchased 50,000 Inspired Entertainment shares between March 25-27, 2026, for about $339,915 while the stock traded near a 52-week low. The company reported Q4 EPS of -$0.18 versus an expected $0.24, and revenue of $77.2 million versus $75.59 million expected. Analysts reiterated a Market Outperform rating and an $11.00 price target, and maintained 2026 EBITDA guidance with expected stronger growth in H2.