Alpha Compute CFO Wesley Levitt buys $5,095 in shares By Investing.com

Alpha Compute Corp. () Chief Financial Officer Wesley Allen Levitt recently acquired shares in the company, according to a new SEC filing. On September 9, 2026, Mr. Levitt purchased 1,000 ordinary shares at a price of $5.0955 per share, totaling $5,095. The purchase comes as the stock has declined sharply, with shares currently trading at $4.04—down 99% over the past year. According to InvestingPro analysis, the stock appears undervalued relative to its Fair Value, though the company maintains a WEAK financial health score.

Following this transaction, Mr. Levitt directly holds 1,000 ordinary shares of Alpha Compute Corp.

In other recent news, Alpha Compute Corp. reported a fiscal 2026 net loss of $38.6 million, significantly wider than the $6.8 million loss recorded the previous year. This increase in losses is attributed to the company’s transition from its legacy biotech and digital asset operations to a focus on AI infrastructure, with more than half of the annual loss resulting from one-time charges related to its prior businesses. Despite the losses, the company saw an increase in cash reserves to about $10.3 million after the year-end, up from approximately $700,000 on March 31.

Additionally, Alpha Compute announced the appointment of Enzo Villani as President, effective July 16, 2026. Villani, who is also the Executive Chairman and Chief investment Officer, will continue his investment duties while overseeing corporate strategy and operational execution. In terms of stock analysis, H.C. Wainwright initiated coverage on Alpha Compute with a Neutral rating and set a price target of $0.25. These developments highlight the company’s ongoing shift and strategic changes in its business focus.

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