Traders should view this coordinated buying by C-suite executives as a positive signal, particularly given the material dollar amount relative to typical insider activity. Monitor for follow-on purchases or commentary around upcoming earnings or clinical developments.
Price Chart
Executive Summary
Both the CEO and CFO of Delcath Systems purchased shares in the open market within the past week, collectively investing approximately $150,328. This insider buying from top executives signals confidence in the company's prospects at current valuation levels.
Key Financial Metrics
Key Facts
- CEO Michel Gerard J purchased 11,200 shares at $8.9562, spending $100,309.44
- CFO Sandra Pennell purchased 5,533 shares at $9.04, spending $50,018.32
- Total insider buying in the cluster: $150,328 over a 7-day period
- Both transactions were open-market purchases (P), indicating intentional capital deployment
- Purchases represent ~0.048% of company's $315M market cap
Financial Impact
$150,328 in insider buying over 7 days, representing 0.048% of market capitalization
Risk Factors
- The total dollar amount, while meaningful, is still relatively small as a percentage of market cap (<0.05%)
- No accompanying fundamental update or news release to corroborate the timing of purchases
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (2 trades, 7d window) | cluster-DCTH-1772832174967 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 11, 2026 16w ago | Institutional Cluster | $11.77 $16.48 | ▲ +40.08% | ▲ +35.68% | $15.07 (+28.09%) |
May 14, 2026 20w ago | 8-K | $11.46 $16.67 | ▲ +45.46% | ▲ +41.87% | $15.07 (+31.50%) |
May 7, 2026 21w ago | 8-K | $11.24 $13.04 | ▲ +16.01% | ▲ +12.18% | $15.07 (+34.07%) |
Apr 2, 2026 26w ago | DEFA14A | $9.63 $12.59 | ▲ +30.74% | ▲ +16.58% | $15.07 (+56.49%) |
Mar 2, 2026 30w ago | Insider Cluster | $8.93 $10.83 | ▲ +21.28% | ▲ +11.95% | $15.07 (+68.76%) |
Feb 28, 2026 30w ago | Institutional Cluster | $8.93 $10.83 | ▲ +21.28% | ▲ +11.95% | $15.07 (+68.76%) |
Feb 26, 2026 31w ago | 8-K | $9.00 $11.45 | ▲ +27.22% | ▲ +19.47% | $15.07 (+67.44%) |
US Market Status
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