The cluster of insider buys — particularly the COO's purchase — is a modestly bullish signal for a micro-cap biotech. Monitor for upcoming catalysts (pipeline updates, FDA news) that could explain the insider buying. The 10% owner's accumulation suggests conviction, but position sizing is small relative to market cap.
Price Chart
Executive Summary
Two insiders at Alpha Cognition (ACOG) made open-market purchases totaling ~$119K over a 7-day window. The COO bought $20K worth of shares, and a 10% owner (Opaleye Management) bought ~$99K. While the dollar amount is modest relative to the $125M market cap (~0.1%), the cluster of buys — especially from a C-suite insider — is a modestly positive signal, amplified by the cross-filing context showing recent insider buying momentum ($216K in prior 30 days).
Key Financial Metrics
Key Facts
- COO D'Angelo Lauren purchased 3,500 shares at $5.76 for $20,160 on 2026-05-19.
- 10% owner Opaleye Management purchased 34,043 shares total ($99K + $97K) on 2026-05-15 and 2026-05-18.
- Total cluster value: ~$119K, representing ~0.095% of ACOG's $125M market cap.
- Prior 30-day insider activity: 3 buys totaling $216K, indicating sustained insider buying momentum.
- Cross-filing amplifiers (cluster-insider-trades + cluster-press-context, cluster-insider-trades + cluster-offering-context) support elevated impact.
Financial Impact
~$119K in open-market purchases, ~0.1% of market cap
Risk Factors
- The $119K total is only ~0.1% of market cap — below the 0.5% threshold for a strong signal.
- Opaleye Management is a 10% owner; their purchases may be routine portfolio rebalancing rather than informational.
- Micro-cap biotech has binary risk; insider buying does not guarantee clinical or regulatory success.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ACOG-1779224578691 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 28, 2026 28d ago | Insider Buy | $8.71 $8.98 | ▲ +3.10% | ▲ +1.15% | $8.30 (−4.71%) |
Sep 23, 2026 4w ago | SC 13G | $8.57 $8.70 | ▲ +1.52% | ▲ +1.93% | $8.30 (−3.15%) |
Sep 16, 2026 5w ago | Insider Buy | $8.85 $8.57 | ▼ −3.16% | ▼ −3.76% | $8.30 (−6.21%) |
Aug 24, 2026 9w ago | Insider Buy | $9.75 $9.27 | ▼ −4.92% | ▼ −5.39% | $8.30 (−14.87%) |
May 19, 2026 22w ago | Insider Cluster | $5.89 $5.94 | ▲ +0.85% | ▼ −0.95% | $8.30 (+40.92%) |
Apr 20, 2026 27w ago | 8-K | $6.88 $6.20 | ▼ −9.88% | ▼ −10.97% | $8.30 (+20.64%) |
Apr 14, 2026 27w ago | 8-K | $6.75 $6.99 | ▲ +3.56% | ▲ +1.92% | $8.30 (+22.96%) |
US Market Status
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