Bradford T. Whitmore, a director and ten percent owner of Ultralife Corp (NASDAQ:ULBI), recently increased his holdings through several stock purchases.
The transactions occurred between May 21 and May 26, 2026, totaling 108,878 shares with an aggregate value of $715,313. Prices ranged from $6.1343 to $6.8137 per share.
The insider buying comes as the stock trades at $6.86, up over 7% in the past week. According to Bond.az analysis, Ultralife appears undervalued at current levels.
On May 21, Mr. Whitmore acquired 32,876 shares at a weighted average price of $6.1343. On May 22, an additional 8,700 shares were purchased at $6.3295. The final purchase on May 26 involved 67,302 shares at $6.8137.
All purchases were made indirectly through Whitmore Holdings, LLC. Following these transactions, Whitmore Holdings, LLC holds 2,050,637 shares. Mr. Whitmore also directly holds 205,915 shares and indirectly owns 4,452,283 shares through SUNRAY I, LLC.
In other recent news, Ultralife Corporation reported Q1 2026 earnings missing analyst expectations. The company reported a net loss of $0.03 per share, below the expected earnings of $0.15 per share. Revenue was $47.4 million versus the expected $52.4 million.
