Issued 2026-09-16 at $7.78 · now $7.78 (2026-09-16, +0.0% since)
Based on its own history, a month from the 2026-09-16 close, XERS has typically landed between $5.99 and $10.34 — a range of −23.1% to +32.9% from the issuance price $7.78.
- Actual close
- Typical path (median)
- Middle 50% of outcomes
- 90% range
2,049 overlapping 1 month windows · 2018-06-21 – 2026-08-17 · basis climatology · forecast (batch). Probability up 53.9% (90% CI 51.7–56.1%, ≈1,408 obs).
The cone is anchored at the 2026-09-16 issuance close ($7.78) — the price the forecast resolves against on 2026-10-15, not the latest close. The drawn path shape is illustrative (bands widen with √t); every labeled number is real — the anchor, the scored batch p90/IQR endpoints, and the typical move.
Where XERS has typically landed a month from the 2026-09-16 close of $7.78 — the range is history, not a prediction.
- now $7.78 (+0.0%)
- typicalThe typical outcome — half of similar past periods did better and half did worse (not an average, so a few wild periods don't skew it). $8.04 (+3.4%)
- middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $7.19–$8.89
- 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $5.99–$10.34
| Start | Return | Max drop | Max rise |
|---|---|---|---|
| 3 worst | |||
| 2020-02-06 | −68.5% | −68.5% | +0.0% |
| 2020-02-07 | −67.0% | −68.2% | +0.2% |
| 2020-02-18 | −65.6% | −65.6% | +8.8% |
| 3 best | |||
| 2020-04-23 | +216.9% | +0.0% | +216.9% |
| 2020-04-24 | +185.2% | +0.0% | +206.9% |
| 2020-04-22 | +171.3% | +0.0% | +171.3% |
2,049 overlapping windows · 2018-06-21 – 2026-09-16 · not cherry-picked
Seasonality · by month iHow this security has tended to do in each calendar month historically — a frequency, never a prediction.
iFor each calendar month, the share of years this security closed higher than the month before, and the average month-over-month return, over ~9 years of its own price history. Cells are shaded by average return. This is historical frequency, not a prediction — no month is a signal.Up-frequency and average month-over-month return · historical frequency, not a prediction
Reported insider & political trades
Every Form 4 the people closest to this company have filed with the SEC — plotted against the share price, aggregated by month, and shown with the gap between when each trade happened and when it was disclosed. A public record, not advice.
| Date | Person | Role | Action | Shares @ price | Value | Ownership Δ | vs S&P 1m | vs S&P 6m | Owned after | Filing |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-09-01 | Hecht Beth | officer | Sale | 16,666 @ $8.49 | $141K | −1.5% of holding | not yet — horizon still open | not yet — horizon still open | 1,127,796 | Form 4 · filed same day |
| 2026-09-01 | McCulloch Kevin | officer | Sale | 15,000 @ $8.49 | $127K | −0.9% of holding | not yet — horizon still open | not yet — horizon still open | 1,639,208 | Form 4 · filed same day |
| 2026-09-01 | Pieper Steven | officer | Sale | 5,000 @ $8.50 | $43K | −0.4% of holding | not yet — horizon still open | not yet — horizon still open | 1,356,053 | Form 4 · filed same day |
| 2026-08-12 | Pieper Steven | officer | Sale | 5,000 @ $8.50 | $43K | −0.4% of holding | −11.2% | not yet — horizon still open | 1,361,053 | Form 4 · filed same day |
| 2026-08-03 | Hecht Beth | officer | Sale | 16,666 @ $8.01 | $134K | −1.4% of holding | +3.1% | not yet — horizon still open | 1,144,462 | Form 4 · filed 1 day after the trade |
| 2026-08-03 | McCulloch Kevin | officer | Sale | 15,000 @ $8.02 | $120K | −0.9% of holding | +3.1% | not yet — horizon still open | 1,676,126 | Form 4 · filed 1 day after the trade |
| 2026-07-07 | Pieper Steven | officer | Sale | 27,600 @ $8.52 | $235K | −2.0% of holding | −12.2% | not yet — horizon still open | 1,366,053 | Form 4 · filed same day |
| 2026-07-06 | Pieper Steven | officer | Sale | 17,400 @ $8.50 | $148K | −1.2% of holding | −4.8% | not yet — horizon still open | 1,393,653 | Form 4 · filed 1 day after the trade |
| 2026-07-01 | McCulloch Kevin | officer | Sale | 90,000 @ $8.03 | $723K | −5.1% of holding | +0.8% | not yet — horizon still open | 1,691,126 | Form 4 · filed 1 day after the trade |
| 2026-07-01 | Hecht Beth | officer | Sale | 16,666 @ $8.03 | $134K | −1.4% of holding | +0.8% | not yet — horizon still open | 1,161,128 | Form 4 · filed 1 day after the trade |
| 2026-06-04 | HALKUFF DAWN | director | Sale | 20,000 @ $6.09 | $122K | −17.4% of holding | +46.4% | not yet — horizon still open | 95,000 | Form 4 · filed 1 day after the trade |
| 2026-06-04 | BORMANN-KENNEDY BARBARA-JEAN ANNE | director | Sale | 16,000 @ $6.09 | $98K | −11.2% of holding | +46.4% | not yet — horizon still open | 126,500 | Form 4 · filed 1 day after the trade |
| 2026-06-04 | JOHNSON JOHN | director | Sale | 15,000 @ $6.09 | $91K | −2.1% of holding | +46.4% | not yet — horizon still open | 683,083 | Form 4 · filed 1 day after the trade |
| 2026-06-03 | PERSKY MARLA | director | Sale | 15,500 @ $5.90 | $91K | −10.9% of holding | +42.2% | not yet — horizon still open | 126,500 | Form 4 · filed 2 days after the trade |
| 2026-06-01 | Hecht Beth | officer | Sale | 16,667 @ $6.06 | $101K | −1.4% of holding | +33.2% | not yet — horizon still open | 1,176,506 | Form 4 · filed 1 day after the trade |
| 2026-05-01 | Hecht Beth | officer | Sale | 16,667 @ $6.23 | $104K | −1.4% of holding | −9.9% | not yet — horizon still open | 1,193,173 | Form 4 · filed same day |
| 2026-04-01 | Hecht Beth | officer | Sale | 16,667 @ $5.99 | $100K | −1.4% of holding | −6.0% | not yet — horizon still open | 1,209,840 | Form 4 · filed 2 days after the trade |
| 2026-03-30 | Brady James Aloysius | director | Sale | 10,834 @ $5.54 | $60K | −10.8% of holding | −5.1% | not yet — horizon still open | 89,166 | Form 4 · filed 2 days after the trade |
| 2026-03-02 | Hecht Beth | officer | Sale | 16,567 @ $6.24 | $103K | −1.3% of holding | +1.3% | +27.9% | 1,226,607 | Form 4 · filed 2 days after the trade |
| 2026-03-02 | Hecht Beth | officer | Sale | 100 @ $7.06 | $706 | −0.0% of holding | +1.3% | +27.9% | 1,226,507 | Form 4 · filed 2 days after the trade |
| 2026-02-02 | Hecht Beth | officer | Sale | 16,667 @ $7.45 | $124K | −1.3% of holding | −16.0% | −0.2% | 1,243,174 | Form 4 · filed same day |
| 2026-01-08 | McCulloch Kevin | officer | Sale | 15,000 @ $8.00 | $120K | −0.9% of holding | −15.0% | −8.9% | 1,685,426 | Form 4 · filed 1 day after the trade |
| 2026-01-05 | Shannon John Patrick Jr | director | Sale | 24,907 @ $7.08 | $176K | −0.9% of holding | +0.1% | +13.3% | 2,705,346 | Form 4 · filed 1 day after the trade |
| 2026-01-02 | Hecht Beth | officer | Sale | 16,667 @ $7.43 | $124K | −1.3% of holding | −1.1% | +11.6% | 1,308,103 | Form 4 · filed 3 days after the trade |
| 2025-12-19 | JOHNSON JOHN | director | Sale | 135,400 @ $7.22 | $977K | −16.2% of holding | +2.4% | −7.5% | 698,083 | Form 4 · filed same day |
| 2025-12-12 | BORMANN-KENNEDY BARBARA-JEAN ANNE | director | Sale | 15,000 @ $7.09 | $106K | −9.5% of holding | +4.2% | −14.4% | 142,500 | Form 4 · filed 3 days after the trade |
| 2025-12-01 | Hecht Beth | officer | Sale | 16,667 @ $7.01 | $117K | −1.2% of holding | +12.2% | −26.9% | 1,320,176 | Form 4 · filed 1 day after the trade |
| 2025-11-13 | Shannon John Patrick Jr | director | Sale | 23,242 @ $7.46 | $173K | −0.9% of holding | −4.2% | −27.8% | 2,643,153 | Form 4 · filed 4 days after the trade |
| 2025-11-11 | Hecht Beth | officer | Sale | 16,667 @ $7.40 | $123K | −1.2% of holding | −6.7% | −24.4% | 1,336,843 | Form 4 · filed 2 days after the trade |
| 2025-09-11 | PERSKY MARLA | director | Sale | 15,500 @ $7.72 | $120K | −9.8% of holding | +4.5% | −30.2% | 142,000 | Form 4 · filed 1 day after the trade |
| 2025-08-28 | SHERMAN JEFFREY W | director | Sale | 42,232 @ $7.92 | $335K | −16.2% of holding | −0.3% | −30.2% | 219,188 | Form 4 · filed 1 day after the trade |
| 2025-08-13 | JOHNSON JOHN | director | Sale | 107,500 @ $7.32 | $786K | −11.4% of holding | +0.9% | −11.3% | 833,483 | Form 4 · filed 2 days after the trade |
| 2025-08-12 | HALKUFF DAWN | director | Sale | 42,500 @ $7.28 | $309K | −27.0% of holding | +2.9% | −13.6% | 115,000 | Form 4 · filed 1 day after the trade |
| 2025-06-13 | McCulloch Kevin | officer | Purchase | 25,000 @ $4.38 | $109K | +1.5% of holding | +16.1% | +50.0% | 1,708,585 | Form 4 · filed 3 days after the trade |
| 2025-03-20 | Hecht Beth | officer | Sale | 40,000 @ $5.43 | $217K | −2.9% of holding | −17.1% | +23.8% | 1,353,510 | Form 4 · filed 1 day after the trade |
The vs-S&P columns are a labeled look-back on what the stock did after each filing, measured against the index over the same window. Descriptive history, not a claim about the person or a reason to trade.
94 award / exercise / gift records — not counted as purchases
Awards, option exercises, gifts and tax-withholding disposals are shown separately and never counted as open-market purchases or sales — they carry no conviction information.
| Date | Person | Role | Action | Shares | Owned after | Filing |
|---|---|---|---|---|---|---|
| 2026-08-01 | Shannon John Patrick Jr | director | Withheld for tax | 36,645 | 2,898,933 | Form 4 |
| 2026-08-01 | McCulloch Kevin | officer | Withheld for tax | 21,918 | 1,654,208 | Form 4 |
| 2026-07-01 | KREHER NERISSA | director | Award / grant | 37,910 | 37,910 | Form 4 |
| 2026-07-01 | KREHER NERISSA | director | Award / grant | 33,582 | 33,582 | Form 4 |
| 2026-06-04 | BORMANN-KENNEDY BARBARA-JEAN ANNE | director | Award / grant | 32,996 | 32,996 | Form 4 |
| 2026-06-04 | HALKUFF DAWN | director | Award / grant | 32,996 | 32,996 | Form 4 |
| 2026-06-04 | Brady James Aloysius | director | Award / grant | 32,996 | 32,996 | Form 4 |
| 2026-06-04 | JOHNSON JOHN | director | Award / grant | 32,996 | 32,996 | Form 4 |
| 2026-06-04 | Kong Garheng | director | Award / grant | 32,996 | 32,996 | Form 4 |
| 2026-06-04 | PERSKY MARLA | director | Award / grant | 32,996 | 32,996 | Form 4 |
| 2026-06-04 | Brady James Aloysius | director | Award / grant | 24,193 | 113,359 | Form 4 |
| 2026-06-04 | BORMANN-KENNEDY BARBARA-JEAN ANNE | director | Award / grant | 24,193 | 150,693 | Form 4 |
| 2026-06-04 | HALKUFF DAWN | director | Award / grant | 24,193 | 119,193 | Form 4 |
| 2026-06-04 | JOHNSON JOHN | director | Award / grant | 24,193 | 707,276 | Form 4 |
| 2026-06-04 | Kong Garheng | director | Award / grant | 24,193 | 238,337 | Form 4 |
| 2026-06-04 | PERSKY MARLA | director | Award / grant | 24,193 | 150,693 | Form 4 |
| 2026-03-12 | McCulloch Kevin | officer | Option exercise | 48,894 | 43,773 | Form 4 |
| 2026-03-12 | McCulloch Kevin | officer | Option exercise | 48,894 | 1,777,721 | Form 4 |
| 2026-03-12 | McCulloch Kevin | officer | Option exercise | 4 | 1,777,725 | Form 4 |
| 2026-03-12 | McCulloch Kevin | officer | Option exercise | 4 | 79,996 | Form 4 |
| 2026-03-05 | Pieper Steven | officer | Option exercise | 27,891 | 1,394,904 | Form 4 |
| 2026-03-05 | Pieper Steven | officer | Option exercise | 14,036 | 1,408,940 | Form 4 |
| 2026-03-05 | Pieper Steven | officer | Option exercise | 27,891 | 0 | Form 4 |
| 2026-03-05 | Pieper Steven | officer | Option exercise | 14,036 | 0 | Form 4 |
| 2026-02-24 | Nguyen Anh Tu | officer | Withheld for tax | 29,300 | 395,023 | Form 4 |
| 2026-01-31 | Shannon John Patrick Jr | director | Withheld for tax | 118,134 | 3,157,949 | Form 4 |
| 2026-01-31 | Pieper Steven | officer | Withheld for tax | 111,765 | 1,460,782 | Form 4 |
| 2026-01-31 | Shannon John Patrick Jr | director | Withheld for tax | 111,621 | 3,046,328 | Form 4 |
| 2026-01-31 | Shannon John Patrick Jr | director | Withheld for tax | 110,750 | 2,935,578 | Form 4 |
| 2026-01-31 | Hecht Beth | officer | Withheld for tax | 98,375 | 1,331,021 | Form 4 |
| 2026-01-31 | McCulloch Kevin | officer | Withheld for tax | 68,454 | 1,785,435 | Form 4 |
| 2026-01-31 | Pieper Steven | officer | Withheld for tax | 66,450 | 1,394,332 | Form 4 |
| 2026-01-31 | Hecht Beth | officer | Withheld for tax | 46,914 | 1,284,107 | Form 4 |
| 2026-01-31 | McCulloch Kevin | officer | Withheld for tax | 30,289 | 1,755,146 | Form 4 |
| 2026-01-31 | McCulloch Kevin | officer | Withheld for tax | 27,319 | 1,727,827 | Form 4 |
| 2026-01-31 | Pieper Steven | officer | Withheld for tax | 27,319 | 1,367,013 | Form 4 |
| 2026-01-31 | Hecht Beth | officer | Withheld for tax | 24,266 | 1,259,841 | Form 4 |
| 2026-01-30 | Pieper Steven | officer | Award / grant | 207,207 | 207,207 | Form 4 |
| 2026-01-30 | Pieper Steven | officer | Award / grant | 154,986 | 1,572,547 | Form 4 |
| 2026-01-30 | Shannon John Patrick Jr | director | Award / grant | 639,639 | 639,639 | Form 4 |
Source: SEC Form 4 filings. Each row links to its original filing.
Across 2012–2021, stocks where a CEO, C-suite officer, or director had recently made an open-market common-stock purchase ran about +28 bp per month above the universe average (n=34,268 stock-weeks). A historical tendency, not a prediction.
Congressional disclosures
No congressional trades disclosed for this company.
Research tool, not investment advice — historical frequencies, not recommendations. A product of Marovel Technologies LLC. Full terms.