The mixed insider activity (one buy, one sell) with modest dollar amounts offers no clear read-through. Monitor for any upcoming catalysts such as earnings or pipeline updates that could clarify the divergent trading behavior.
Price Chart
Executive Summary
Two insiders at Orchestra BioMed traded in opposite directions over a one-week window: Director David P. Hochman made an open-market purchase of $48K, while officer Darren Sherman sold $74K. The net $122K in total insider activity is modest relative to the company's market cap, and the mixed direction (one buy, one sell) provides no clear directional signal.
Key Financial Metrics
Key Facts
- Director David P. Hochman purchased 10,000 shares at $4.79 for $48K on 2026-09-03.
- Officer Darren Sherman sold 15,000 shares at $4.94 for $74K on 2026-09-01.
- Total insider activity of $122K is small relative to market cap.
- The buy and sell are roughly comparable in dollar value, resulting in a mixed net direction.
Financial Impact
$122K total insider activity, with a $48K purchase and $74K sale.
Risk Factors
- Insider selling by an officer may signal personal portfolio rebalancing or concerns about near-term performance.
- The purchase by a director could indicate confidence, but the small size limits its significance.
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-OBIO-1788926573189 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 1, 2026 26d ago | 144 | $6.35 $5.73 | ▼ −9.76% | ▼ −11.06% | $5.53 (−12.91%) |
Oct 1, 2026 26d ago | 8-K | $6.35 $5.73 | ▼ −9.76% | ▼ −11.06% | $5.53 (−12.91%) |
Sep 22, 2026 4w ago | Institutional Cluster | $6.22 $6.08 | ▼ −2.25% | ▼ −1.06% | $5.53 (−11.09%) |
Sep 8, 2026 7w ago | Insider Cluster | $5.43 $6.04 | ▲ +11.23% | ▲ +12.35% | $5.53 (+1.84%) |
Sep 1, 2026 8w ago | 144 | $4.90 $5.45 | ▼ −11.22% | ▼ −11.14% | $5.53 (−12.86%) |
Jul 1, 2026 16w ago | 144 | $4.30 $3.96 | ▼ −7.91% | ▼ −8.17% | $5.53 (+28.60%) |
Jun 2, 2026 20w ago | Insider Cluster | $3.86 $4.02 | ▲ +4.15% | ▲ +7.96% | $5.53 (+43.26%) |
May 19, 2026 23w ago | Insider Cluster | $4.00 $4.06 | ▲ +1.50% | ▼ −0.75% | $5.53 (+38.25%) |
Apr 29, 2026 25w ago | DEFA14A | $3.99 $3.93 | ▼ −1.50% | ▼ −3.23% | $5.53 (+38.59%) |
Apr 23, 2026 26w ago | Press Release | $4.15 $3.80 | ▼ −8.43% | ▼ −9.91% | $5.53 (+33.25%) |
US Market Status
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