Monitor for continued insider buying post-offering, which could signal long-term confidence. However, the proximity to a dilutive capital raise suggests caution — this cluster may reflect selective optimism rather than broad-based fundamental improvement.
Price Chart
Executive Summary
Eight insiders at HeartBeam, Inc. (BEAT) collectively purchased $905,000 worth of stock at $0.80 per share between April 9 and April 16, 2026, just days before a $8.9 million public offering. The buying was led by Director Mark Strome, who accounted for $600K of the total, signaling strong insider confidence despite the company's going concern uncertainty.
Key Financial Metrics
Key Facts
- 8 insiders bought a total of 1.13 million shares at $0.80 per share, totaling $905,000
- Purchases occurred between April 9 and April 16, 2026, immediately preceding a $8.9M public offering
- Director Mark Strome accounted for $600K (66%) of the total insider buying
- All purchases were open-market buys (Form 4 code 'P'), not grants or awards
- Company recently disclosed substantial doubt about its ability to continue as a going concern
Financial Impact
$905,000 in insider buying, representing ~2.4% of the company's $37M market cap
Risk Factors
- Insider buying may be offset by upcoming dilution from the $8.9M offering
- Company faces going concern risk, per recent filings
- Concentration of buying in one director (Strome) increases susceptibility to interpretation bias
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BEAT-1777061140272 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 14, 2026 10w ago | 8-K / 424B5 | $0.5000 $0.4250 | ▲ +15.00% | ▲ +13.02% | $0.4092 (+18.16%) |
Aug 14, 2026 10w ago | 424B5 | $0.5000 $0.4250 | ▲ +15.00% | ▲ +13.02% | $0.4092 (+18.16%) |
Jun 22, 2026 18w ago | 8-K | $0.6863 $0.5684 | ▼ −17.18% | ▼ −18.34% | $0.4092 (−40.38%) |
Apr 16, 2026 27w ago | Insider Cluster | $0.8100 $1.01 | ▲ +24.69% | ▲ +18.88% | $0.4092 (−49.48%) |
Apr 16, 2026 27w ago | Insider Cluster | $0.8100 $1.01 | ▲ +24.69% | ▲ +18.88% | $0.4092 (−49.48%) |
Mar 18, 2026 31w ago | EFFECT | $1.26 $0.8100 | ▼ −35.71% | ▼ −41.76% | $0.4092 (−67.52%) |
Mar 13, 2026 32w ago | S-3/A | $1.27 $1.20 | ▲ +5.51% | ▲ +9.29% | $0.4092 (+67.78%) |
US Market Status
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