Insider Cluster (7 insiders) ·Filed Mar 9, 2026

ANIP

ANI PHARMACEUTICALS INC
BEARISH
Impact 6/10
Horizondays Processed6mo ago
Insider cluster: 3 insiders, $1.0M total
Actionable Insight ▼ Bearish

Traders should monitor for potential downward pressure on ANIP shares, especially given the breadth of selling across the executive team. The absence of any offsetting insider buying and the concentration of sales among C-suite leaders may signal reduced confidence ahead of earnings or regulatory developments.

DirectionBearish
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
ANIP ▼ -0.21% at T+60d
SHORT call ✓ call won +0.21% · α vs SPY +12.20% · entry $74.81 → $74.65
Entry anchored
Mar 6, 03:59 PM ET
via exchange tick
T+1d
+1.54%
call -1.54% · α -1.72%
$75.96
settled 7mo ago
T+5d
-3.53%
call +3.53% · α +2.17%
$72.17
settled 7mo ago
T+20d
+6.23%
call -6.23% · α -9.03%
$79.47
settled 6mo ago
T+60d
-0.21%
call +0.21% · α +12.20%
$74.65
settled 4mo ago

Price Chart

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Executive Summary

Seven corporate insiders at ANI Pharmaceuticals sold shares in the past week, including five open-market sales totaling $1.23 million and four non-cash tax withholding transactions totaling $2.14 million. The selling involved key executives, including the CEO, CFO, and multiple SVPs, with open-market dispositions representing approximately 0.08% of the company's $1.6B market cap.

Key Financial Metrics

Direction
selling
Total Value
$1.2M
Insiders
7

Key Facts

  • Five open-market sales by senior executives totaling $1,228,501.87 in the past 7 days
  • CEO Lalwani Nikhil did not sell shares directly but had 17,060 shares withheld for taxes ($1.26M value)
  • CFO Carey and other SVPs also had shares withheld for taxes, adding $872,043.12 in non-cash dispositions
  • Total insider share dispositions (cash + non-cash) in cluster: $3.37 million
  • Open-market selling was distributed across multiple executives in established brands, rare disease, HR, and legal
  • No insider purchases were reported in the cluster

Financial Impact

$1.23 million in open-market sales and $2.14 million in tax-related share surrenders over 7 days

insider ownershipinvestor sentimentperceived confidence in stock

Risk Factors

  • Perception of insider pessimism due to coordinated timing of sales
  • Potential for further selling if executives are exiting positions systematically
  • Market reaction could amplify on light volume given the relatively small float typical in specialty pharma

Market Snapshot

Exchange
Nasdaq

Investment Themes

Biotech & Drug Discovery

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (9 trades, 7d window)cluster-ANIP-1773437352172
21 reports for ANIP
Performance horizon
33% Hit rate 2 of 6 directional calls best @ T+60▲ +8.88%Apr 8, 2026
Filters
Rows
Reports for ANIP — sortable, filterable
TypeNow
Sep 15, 2026
17d ago
Insider Cluster
NEUTRAL ★ 2/10
$72.11 $77.91▲ +8.04%▲ +7.23%$71.97 (−0.19%)
Sep 1, 2026
4w ago
Insider Cluster
NEUTRAL ★ 3/10
$73.06 $71.46▼ −2.19%▼ −1.23%$71.97 (−1.49%)
Aug 24, 2026
5w ago
8-K
NEUTRAL ★ 2/10
$74.17 $73.25▼ −1.24%▼ −1.71%$71.97 (−2.97%)
Aug 13, 2026
7w ago
Insider Cluster
NEUTRAL ★ 3/10
$74.77 $77.32▲ +3.41%▲ +5.37%$71.97 (−3.74%)
Aug 7, 2026
8w ago
8-K
BULLISH ★ 6/10
$78.25 $76.54▼ −2.19%▼ −2.58%$71.97 (−8.03%)
Jul 16, 2026
11w ago
Court Ruling
NEUTRAL ★ 2/10
$81.92 $78.53▼ −4.14%▼ −2.47%$71.97 (−12.15%)
Jul 13, 2026
11w ago
Press Release
BULLISH ★ 6/10
$81.08 $79.20▼ −2.32%▼ −1.53%$71.97 (−11.24%)
Jun 15, 2026
15w ago
Insider Cluster
NEUTRAL ★ 2/10
$83.00 $82.94▼ −0.07%▲ +2.16%$71.97 (−13.29%)
Jun 11, 2026
16w ago
Insider Cluster
NEUTRAL ★ 3/10
$81.65 $80.52▼ −1.38%▼ −1.82%$71.97 (−11.86%)
May 21, 2026
19w ago
8-K
NEUTRAL ★ 3/10
$82.72 $76.71▼ −7.27%▼ −8.92%$71.97 (−13.00%)
Showing 10 of 21

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Report published Mar 13, 2026