Business · Companies · 6 hrs ago
Kits Eyecare CEO buys $774,950 in shares after stock pullback
Kits Eyecare CEO Roger Hardy bought $774,950 worth of company shares on the public market last Friday.
The purchase came after the stock fell following co-founder Joseph Thompson’s move from chief operating officer to an advisory role.
Kits Eyecare is a company whose shares have pulled back from a 52-week high of $22.56, reached on Jan.
15.
The company said its preliminary third-quarter results included record revenue of $63.7 million, up 21.6 per cent from a year earlier.
That growth accelerated from 17.8 per cent in the second quarter of 2026.
Hardy’s purchase followed both the stock decline and the strong revenue update, giving investors two pieces of information about the company.
No further company plans or next steps were stated.
Kits Eyecare CEO Roger Hardy spent $774,950 buying company shares in the public market.
The purchase came after the stock fell following news that co-founder Joseph Thompson had moved from chief operating officer to an advisory role.
Kits reported preliminary third-quarter revenue of $63.7-million on Oct. 7, up 21.6 per cent year over year.
The stock had pulled back from its 52-week high of $22.56, set on Jan. 15.
- Who
- Roger Hardy, CEO of Kits Eyecare Ltd.
- What
- He bought $774,950 worth of company shares in the public market.
- When
- Last Friday, according to the article published Oct. 22, 2026.
- Where
- In the public market; a specific location is not stated.
- Why
- The purchase followed a stock decline after news that co-founder Joseph Thompson had moved to an advisory role.
This story does not have two clearly opposing sides.
Kits Eyecare’s stock set a 52-week high of $22.56.
The company reported preliminary third-quarter revenue of $63.7-million, up 21.6 per cent year over year.
CEO Roger Hardy spent $774,950 buying shares after the stock fell on news of Joseph Thompson’s transition to an advisory role.
- CEO
- Roger Hardy
- Share purchase
- $774,950
- 52-week high
- $22.56 on Jan. 15
- Preliminary Q3 revenue
- $63.7-million
- Year-over-year revenue growth
- 21.6 per cent