The director purchases are a modest positive signal but historically AHCO insider cluster calls have underperformed by -3.46% at T+20. The trivial dollar amount relative to market cap limits conviction. Monitor for any C-suite buying or a material catalyst (earnings, guidance, M&A) that could validate the directors' conviction. The 86% bullish analyst consensus provides a favorable backdrop but does not override the weak historical track record.
Price Chart
Executive Summary
Two AdaptHealth directors, Dale Wolf and Kenneth Samet, made open-market purchases totaling $277K on August 6, 2026, at ~$6.37-$6.38 per share. This follows a separate $117K purchase by Wolf on August 7. The cluster represents ~0.04% of market cap, a trivial amount, but the fact that two independent directors are buying at the same time near a 52-week low is a modest positive signal, especially given the 86% bullish analyst consensus and the company's home health care sector tailwinds. However, historical performance on AHCO insider cluster calls has been poor (avg -3.46% T+20), so the signal should be downweighted.
Key Financial Metrics
Key Facts
- Director Dale Wolf purchased 20,000 shares at $6.37 on 2026-08-06 ($127K)
- Director Kenneth Samet purchased 23,500 shares at $6.38 on 2026-08-06 ($150K)
- Wolf made an additional 20,000-share purchase at $5.86 on 2026-08-07 ($117K)
- Total cluster value of $277K represents ~0.04% of $776M market cap
- No C-suite executives participated — both buyers are independent directors
- Analyst consensus is 86% bullish (12 Buy, 2 Hold, 0 Sell)
Financial Impact
Insider purchases totaling $277K, or ~0.04% of market cap — trivial relative to company size
Risk Factors
- Historical AHCO insider cluster calls have averaged -3.46% T+20 return, suggesting limited predictive value
- No C-suite participation — director buys carry less signal than CEO/CFO purchases
- Total value of $277K is only 0.04% of market cap, well below the 0.1% materiality threshold
- Stock is near a 52-week low, which could mean value-trap dynamics rather than genuine insider conviction
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-AHCO-1786406630099 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 15, 2026 6w ago | Institutional Cluster | $5.81 $5.82 | ▼ −0.17% | ▼ −2.15% | $5.60 (+3.61%) |
Aug 14, 2026 7w ago | Insider Cluster | $5.81 $5.88 | ▲ +1.20% | ▲ +3.20% | $5.60 (−3.61%) |
Aug 11, 2026 7w ago | Insider Cluster | $5.65 $5.70 | ▲ +0.89% | ▲ +1.94% | $5.60 (−0.88%) |
Jul 2, 2026 13w ago | 8-K | $10.76 $10.68 | ▲ +0.74% | ▲ +0.33% | $5.60 (+47.96%) |
Jun 26, 2026 14w ago | 3 | $10.21 $10.76 | ▲ +5.39% | ▲ +5.67% | $5.60 (−45.15%) |
May 5, 2026 21w ago | 8-K | $11.75 $9.65 | ▼ −17.87% | ▼ −22.83% | $5.60 (−52.34%) |
Apr 13, 2026 24w ago | 8-K | $12.32 $11.24 | ▼ −8.77% | ▼ −16.49% | $5.60 (−54.55%) |
Mar 12, 2026 29w ago | Insider Cluster | $13.08 $10.35 | ▼ −20.87% | ▼ −26.92% | $5.60 (−57.19%) |
Feb 26, 2026 31w ago | Insider Cluster | $9.08 $11.41 | ▲ +25.66% | ▲ +32.06% | $5.60 (−38.33%) |
US Market Status
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