Does the CEO’s continued insider buying indicate confidence ahead of upcoming product launches, partnerships, or earnings releases?

The repeated purchases by CEO Jianping Kong – now three separate buy‑ins since September 2024 and a fresh 480,000‑share acquisition in August 2025 – are a classic bullish signal. Insiders rarely add to positions unless they see meaningful upside relative to the current valuation. For Nano Labs (NASDAQ: NA) the timing aligns with two near‑term catalysts: the company’s next earnings release (expected in early‑September, covering Q2 2025) and a series of product roll‑outs slated for Q3, including its “Meta‑Node” Web 3.0 infrastructure platform and a strategic partnership with a leading decentralized finance protocol that was announced in late July. The CEO’s willingness to deploy personal capital underlines his belief that these events will lift revenue and margin expectations, especially as the Web 3.0 market shows a modest recovery in user adoption and enterprise funding.

From a technical standpoint, NA has been trading in a tight ascending channel since the March 2025 breakout above $12.00, with the 50‑day SMA now acting as dynamic support near $13.20 and the 200‑day SMA converging at $13.70. RSI hovers at ~58, leaving room for further upside before overbought conditions emerge. Volume has been above its 20‑day average on each upward move, suggesting genuine buying interest rather than a short‑term rally. Actionable takeaways: consider entering a long position on a pull‑back to the $13.20‑$13.40 range with a stop just below the 50‑day SMA (≈$12.80). Target the next resistance near $15.00 – roughly the prior high and the projected earnings‑catalyzed upside. Monitor the earnings call and the partnership announcement for any deviation from expectations; a miss could trigger a quick exit, while a positive surprise would likely accelerate the move toward the $16–$17 “run‑up” zone.