Insider Cluster (3 insiders) ·Filed May 19, 2026
Insider cluster: 2 insiders, $101K total
Actionable Insight • Neutral
These purchases are too small to be informative. Monitor for any larger insider activity or upcoming corporate events (earnings, trial data, M&A) that could provide a clearer signal.
Final — all horizons settled through T+60d
OBIO ▲ +11.25% at T+60d
NEUTRAL call +11.25% · α vs SPY +4.96% · entry $4.00 → $4.45
T+1d
-0.50%
call -0.50% · α -1.54%
$3.98
settled 5mo ago
T+5d
+1.50%
call +1.50% · α -0.75%
$4.06
settled 5mo ago
T+20d
-3.25%
call -3.25% · α -4.24%
$3.87
settled 4mo ago
T+60d
+11.25%
call +11.25% · α +4.96%
$4.45
settled 2mo ago
Price Chart
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Executive Summary
Two directors and one officer made small open-market purchases of OBIO shares totaling ~$136K, representing only ~0.06% of market cap. The dollar amounts are trivial relative to company size, and no C-suite executives participated, indicating no material insider conviction.
Key Financial Metrics
Direction
buying
Total Value
$136.4K
Insiders
3
Key Facts
- Director Aryeh Jason purchased 8,971 shares at $3.9 ($34,987) on 2026-05-15
- Officer David P Hochman purchased 5,000 shares at $3.77 ($18,850) on 2026-05-15
- Director Eric S Fain purchased 20,000 shares at $4.13 ($82,600) on 2026-05-14
- Total cluster value $136,437 is 0.06% of OBIO's $238M market cap
- No C-suite (CEO/CFO) insider activity detected
Financial Impact
~$136K in total purchases, negligible relative to market cap
Risk Factors
- Purchases may be part of pre-arranged 10b5-1 plans or routine diversification
- Historical insider signals on OBIO have been weak; trust this cluster less due to small size
Market Snapshot
Exchange
Nasdaq
Sector
Surgical & Medical Instruments & Apparatus
Analyst Consensus
86% bullish (14 analysts)
Investment Themes
Healthcare & Medical Devices
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-OBIO-1779192046532 |
11 reports for OBIO
0% Hit rate @ T+5 Went positive at some point 0 of 3 best @ T+1▼ −0.48%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 1, 2026 26d ago | 144 | $6.35 $5.73 | ▼ −9.76% | ▼ −11.06% | $5.56 (−12.44%) |
Oct 1, 2026 26d ago | 8-K | $6.35 $5.73 | ▼ −9.76% | ▼ −11.06% | $5.56 (−12.44%) |
Sep 22, 2026 4w ago | Institutional Cluster | $6.22 $6.08 | ▼ −2.25% | ▼ −1.06% | $5.56 (−10.61%) |
Sep 8, 2026 7w ago | Insider Cluster | $5.43 $6.04 | ▲ +11.23% | ▲ +12.35% | $5.56 (+2.39%) |
Sep 1, 2026 8w ago | 144 | $4.90 $5.45 | ▼ −11.22% | ▼ −11.14% | $5.56 (−13.47%) |
Jul 1, 2026 16w ago | 144 | $4.30 $3.96 | ▼ −7.91% | ▼ −8.17% | $5.56 (+29.30%) |
Jun 2, 2026 20w ago | Insider Cluster | $3.86 $4.02 | ▲ +4.15% | ▲ +7.96% | $5.56 (+44.04%) |
May 19, 2026 23w ago | Insider Cluster | $4.00 $4.06 | ▲ +1.50% | ▼ −0.75% | $5.56 (+39.00%) |
Apr 29, 2026 25w ago | DEFA14A | $3.99 $3.93 | ▼ −1.50% | ▼ −3.23% | $5.56 (+39.35%) |
Apr 23, 2026 26w ago | Press Release | $4.15 $3.80 | ▼ −8.43% | ▼ −9.91% | $5.56 (+33.98%) |
Showing 10 of 11
US Market Status
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