PodcastOne Insider Buys 4,700 Shares as CEO JONATHAN Stays Bullish Amid Market Slump

Insider Buying Continues to Outpace Market Volatility

The most recent filing on October 8, 2026 shows MERRIMAN D JONATHAN purchasing an additional 4,700 shares of PodcastOne at $2.08 per share. The trade adds to an already sizable position—he now owns roughly 390 k shares, or about 0.6 % of the outstanding equity—after a series of buys that have steadily increased his stake over the past six months. Despite a 12.6 % weekly drop in the stock and a negative price‑earnings ratio, the insider remains bullish, buying at a price that sits well below the 52‑week low of $1.63 and just 12 % above the current close of $2.09.

What Does This Mean for Investors?

Insider accumulation at PodcastOne is a notable contrarian signal. The company’s share price has been pressured by a broader downturn in the communication‑services sector, yet insiders are continuing to build. Historically, sustained insider buying has preceded earnings revisions and positive revenue guidance. For value investors, the recent purchase suggests that JONATHAN sees intrinsic upside—perhaps tied to the firm’s expanding podcast distribution network and its partnership with LiveOne for high‑profile events. That partnership could unlock new advertising revenue streams and broaden the platform’s audience base, which could support a future earnings turnaround and eventually lift the stock’s valuation multiples.

JONATHAN’S Trading Profile

JONATHAN’s activity over the past year is characterized by frequent, incremental purchases, often at price points near or below the market average. He has purchased between 2,000 and 17,000 shares in any given transaction, with the largest single trade—15,700 shares on August 21—executed at $2.75 when the stock was trading above its 52‑week low. His trade cadence—roughly two buys per week during the last quarter—suggests a long‑term holding strategy rather than a short‑term flip. Notably, he has never sold any shares, indicating a strong confidence in the company’s long‑term prospects.

Industry Context and Future Outlook

PodcastOne’s business model—ad‑supported digital audio with brand integration—has become increasingly competitive, but the firm’s focus on high‑profile, creator‑first events such as LiveOne’s LightUpMBC livestream could differentiate it in a crowded market. If the company can monetize these events effectively, it may reverse the current negative price‑earnings ratio and position itself for growth. The insider buying pattern, combined with the company’s strategic partnerships, signals that the leadership believes in a rebound, providing a potential catalyst for investors to reconsider the stock’s valuation.

Bottom Line

For investors watching the communication‑services space, JONATHAN’s continued accumulation at PodcastOne is a clear bet on the firm’s ability to turn recent market weakness into a growth narrative. While short‑term volatility remains, the insider conviction—backed by a growing shareholding and a focus on high‑profile content partnerships—suggests that PodcastOne may be poised for a turnaround once its new initiatives start to generate sustainable revenue.