QTEX is trading 5.5% up at $2.12 in after-hours trading following an announcement that company leadership plans to significantly increase their holdings.
- Management, including the CEO and chairman, plan to personally buy up to 2,000,000 ordinary shares over the next 12 months.
- The insider-sentiment signal is extending a sharp rebound from last week, providing support for the stock.
- The bullish move comes despite a mixed backdrop in the broader market.