The director's $2.46M open-market purchase is a modest but clear bullish signal, especially given the net-buying pattern over the past 30 days. Monitor for additional insider buying or a catalyst (e.g., earnings, pipeline update) that could reverse the downtrend. The 88% analyst bullish consensus provides a contrarian backdrop, but the stock's momentum is strongly negative.
Price Chart
Executive Summary
Director Srinivas Akkaraju made a single open-market purchase of 220,070 shares of ALMS for $2.46M on September 4, 2026, at $11.17/share. This is a standalone conviction buy from a director, representing 0.18% of the company's $1.4B market cap, which is a modest but notable signal.
Key Financial Metrics
Key Facts
- Director Srinivas Akkaraju purchased 220,070 shares of ALMS on 2026-09-04 at $11.17/share, totaling $2.46M.
- The purchase represents approximately 0.18% of ALMS's $1.4B market cap, a modest but notable insider buy.
- Over the last 30 days, Akkaraju has been a net buyer: ~$8.3M in purchases vs. ~$1.0M in sales, including a large net purchase on 2026-09-08.
- Analyst consensus is 88% bullish (14 of 16 analysts rating Buy or Strong Buy), suggesting a disconnect between insider buying and sell-side sentiment.
Financial Impact
Director purchased $2.46M of ALMS stock at $11.17/share, representing 0.18% of market cap.
Risk Factors
- The purchase is only 0.18% of market cap, which is modest and may not be sufficient to reverse the downtrend.
- The insider cluster includes both buys and sells by the same director, which could indicate hedging or tax-related activity rather than pure conviction.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| INSIDER-BUY Data (Synthetic) | 0001231919-26-001158 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 9, 2026 6w ago | Insider Buy | $9.90 $9.18 | ▼ −7.27% | ▼ −8.13% | $6.70 (−32.37%) |
Sep 1, 2026 7w ago | 8-K | $9.47 $10.35 | ▲ +9.29% | ▲ +8.85% | $6.70 (−29.30%) |
Aug 15, 2026 10w ago | Institutional Cluster | $25.50 $24.88 | ▼ −2.43% | ▼ −1.76% | $6.70 (−73.75%) |
Aug 10, 2026 10w ago | 8-K | $25.37 $25.55 | ▲ +0.71% | ▲ +0.46% | $6.70 (−73.61%) |
Aug 5, 2026 11w ago | Insider Cluster | $27.80 $27.60 | ▼ −0.72% | ▼ −1.33% | $6.70 (−75.92%) |
Aug 5, 2026 11w ago | Insider Cluster | $27.80 $27.60 | ▼ −0.72% | ▼ −1.33% | $6.70 (−75.92%) |
Jun 29, 2026 17w ago | 8-K | $27.14 $28.14 | ▲ +3.68% | ▲ +2.91% | $6.70 (−75.33%) |
Jun 11, 2026 19w ago | Institutional Cluster | $20.90 $24.15 | ▲ +15.55% | ▲ +15.01% | $6.70 (−67.97%) |
May 18, 2026 22w ago | DEFA14A | $21.53 $22.04 | ▲ +2.39% | ▲ +1.35% | $6.70 (−68.90%) |
Mar 28, 2026 30w ago | Press Release | $20.21 $22.03 | ▲ +9.01% | ▲ +6.11% | $6.70 (−66.87%) |
US Market Status
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