Beyond Air director Lin Yi-Chien buys $56,590 in company stock

Beyond Air, Inc., a company listed on the NASDAQ under the ticker symbol XAIR, saw Director and largest shareholder Lin Yi-Chien increase his stake in the company through a series of stock purchases. Over a span of three days, from September 29 to October 1, 2026, Mr. Lin acquired a total of 20,393 shares valued at $56,590. The purchases were made in three separate transactions: 3,000 shares on September 29, 2,000 shares on September 30, and a substantial 15,393 shares on October 1.

Each transaction was executed at prices ranging from $2.67 to $2.85 per share, with the overall cost calculated based on the weighted average of these prices. The stock trades at $2.82, marking a significant 94% drop in value over the past year. Despite this steep decline, InvestingPro analysis indicates the stock is currently undervalued.

Lin Yi-Chien now holds a total of 145,393 shares in Beyond Air common stock following these acquisitions. The company reported its first-quarter fiscal 2027 revenue of $1.77 million, falling short of analysts' expectations of $2.21 million. This revenue shortfall of $440,000, or 19.9%, comes as Beyond Air continues to tackle financial difficulties while pushing forward with its commercial expansion, especially in its LungFit PH system.