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Insider Cluster (2 insiders) ·Filed Sep 21, 2026

BLLN

BillionToOne, Inc.
BEARISH
Impact 4/10
Horizonweeks Processed1mo ago
Insider cluster: 2 insiders, $1.5M total
Actionable Insight ▼ Bearish

Monitor for any forthcoming material news (earnings, guidance, or operational update) that may have prompted the CEO to sell. The cluster is small relative to market cap but involves the top executive, warranting attention over the next few weeks.

DirectionBearish
Confidencemedium
Horizonweeks
Latest settled — T+20d
BLLN ▼ -10.83% at T+20d
SHORT call ✓ call won +10.83% · α vs SPY +10.27% · entry $116.07 → $103.50
Next anchor: T+60d in 7w
Latest observation: T+23 +0.25% FF3 residual α
Entry = T+0 close
Sep 21, 2026
via day close
T+1d
-1.42%
call +1.42% · α +0.70%
$114.42
settled 5w ago
T+5d
+1.82%
call -1.82% · α -3.00%
$118.18
settled 28d ago
T+20d
-10.83%
call +10.83% · α +10.27%
$103.50
settled 7d ago
T+60d
Pending
in 7w

Price Chart

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Executive Summary

Two insiders at BillionToOne, including Chairman and CEO Oguzhan Atay, sold a combined $1.50M in open-market sales over a week. The CEO's sale of $732K and another officer's sale of $769K represent approximately 0.46% of the company's $326M market cap, a modest but notable insider selling cluster.

Key Financial Metrics

Direction
selling
Total Value
$1.5M
Insiders
2

Key Facts

  • Chairman and CEO Oguzhan Atay sold 7,200 shares for $732K on 2026-09-14
  • Officer Lynch Thomas P. sold 7,000 shares for $769K on 2026-09-17
  • Total insider sales of $1.50M represent ~0.46% of market cap ($326M)
  • All sales are open-market (code S) with no disclosed 10b5-1 plan

Financial Impact

Insider selling of $1.50M, or 0.46% of market cap, is modest but above the 0.1% threshold for a bearish signal

insider ownershipmarket sentiment

Risk Factors

  • Insider selling may signal management's view that shares are fully valued or that near-term headwinds exist
  • No disclosed 10b5-1 plan increases the likelihood of discretionary selling

Investment Themes

Healthcare & Medical Devices

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-BLLN-1790031646498
29 reports for BLLN
Performance horizon
100% Hit rate @ T+60 3 of 3 directional calls Went positive at some point 8 of 8 best @ T+60▲ +26.26%Mar 4, 2026
Filters
Rows
Reports for BLLN — sortable, filterable
TypeNow
Sep 30, 2026
25d ago
Insider Cluster
BEARISH ★ 5/10
$105.76awaiting T+60—$110.14 (−4.15%)
Sep 28, 2026
27d ago
Insider Cluster
BEARISH ★ 5/10
$118.18awaiting T+60—$110.14 (+6.80%)
Sep 23, 2026
4w ago
Insider Cluster
BEARISH ★ 4/10
$124.90awaiting T+60—$110.14 (+11.81%)
Sep 22, 2026
4w ago
Institutional Cluster
BULLISH ★ 4/10
$116.07awaiting T+60—$110.14 (−5.10%)
Sep 21, 2026
4w ago
Insider Cluster
BEARISH ★ 4/10
$116.07awaiting T+60—$110.14 (+5.10%)
Sep 16, 2026
5w ago
Insider Cluster
BEARISH ★ 5/10
$110.67awaiting T+60—$110.14 (+0.47%)
Sep 11, 2026
6w ago
Insider Cluster
NEUTRAL ★ 4/10
$100.82awaiting T+60—$110.14 (+9.25%)
Sep 11, 2026
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$100.82awaiting T+60—$110.14 (+9.25%)
Aug 27, 2026
8w ago
Insider Cluster
NEUTRAL ★ 3/10
$93.24awaiting T+60—$110.14 (+18.13%)
Aug 27, 2026
8w ago
Insider Cluster
NEUTRAL ★ 2/10
$93.24awaiting T+60—$110.14 (+18.13%)
Showing 10 of 29

US Market Status

Market Open — Closes in 5h 1m

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Report published Sep 21, 2026