The $96K director buy is too small relative to market cap to be a standalone catalyst. However, it adds to a pattern of insider buying ($519K over 30 days) and aligns with strong analyst sentiment. Monitor for additional insider purchases or a material catalyst (FDA update, partnership, earnings) to confirm the bullish thesis.
Price Chart
Executive Summary
Director Robert James Wills purchased 10,000 shares of Alpha Cognition Inc. (ACOG) on the open market for $96,200 at $9.62 per share. This is a standalone conviction buy from a single director, not a multi-insider cluster, and represents approximately 0.05% of the company's $212M market cap — a trivial amount relative to company size. The purchase is too small to be a meaningful signal of material non-public information, but it does align with the company's strong analyst consensus (90% bullish) and recent insider buying activity ($519K over 30 days).
Key Financial Metrics
Key Facts
- Director Robert James Wills purchased 10,000 shares at $9.62 on 2026-08-21
- Total purchase value: $96,200
- Purchase represents ~0.05% of ACOG's $212M market cap
- ACOG has 90% bullish analyst consensus (2 Strong Buy, 7 Buy, 1 Hold)
- Recent insider activity (30d): 3 buys totaling $519K
Financial Impact
Director purchased $96,200 worth of stock — 0.05% of market cap
Risk Factors
- Single director buy of $96K is trivial relative to $212M market cap — may be routine portfolio rebalancing
- No material corporate catalyst (earnings, FDA, partnership) identified in this filing
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| INSIDER-BUY Data (Synthetic) | 0000912282-26-001153 |
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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