Jorey Chernett, identified on filings as a 10% owner of Neuronetics, Inc. (NASDAQ: STIM), purchased 385,442 common shares on March 30, 2026, records show. The purchases were completed across multiple trades with prices spanning $1.23 to $1.26 per share, and the total reported value of the acquisition was $481,802, using an average price of $1.25 per share.
Following the transaction, Chernett's direct ownership in Neuronetics stands at 9,778,988 shares. At the time of the filing, the stock was trading at $1.27, which is close to its 52-week low of $0.80 and follows a 21% decline over the previous week.
Market valuation context from InvestingPro noted that the shares trade near a Fair Value estimate of $1.28. The filing and market snapshot were disclosed alongside the company’s recently reported fourth-quarter 2025 financial results, which presented a mixed picture for investors.
Neuronetics reported fourth-quarter revenue of $41.8 million, surpassing the consensus forecast of $40.66 million and representing a 2.73% positive surprise versus expectations. The company’s earnings per share, however, came in at -$0.10, below the anticipated -$0.09, an 11.11% negative surprise on EPS.
In addition to those figures, Neuronetics announced a leadership change, naming Dan Reuvers as its new chief executive officer. Management also reported that the company achieved a second quarter that was operationally cash flow positive.
On the analyst front, Canaccord revised its price target for Neuronetics downward from $7.00 to $3.00 while retaining a Buy rating on the shares. The firm indicated that the fourth-quarter results and the company’s guidance were in line with its expectations.
This insider purchase, taken together with the quarter’s financial details and the change in executive leadership, presents a set of data points for investors monitoring Neuronetics. The filing documents, reported pricing on the trades, ownership tally after the purchase, and the company’s most recent quarter results form the factual basis for assessing the current state of the company as presented in public disclosures.