The cluster of open-market buys by two vice presidents at a combined 2% of market cap is a strong bullish signal, particularly given the absence of 10b5-1 plan indications. Monitor for any subsequent filings (earnings, material agreements) that could explain the buying rationale.
Price Chart
Executive Summary
Two Pampa Energy vice presidents made open-market purchases totaling $6.36M between Sep 25-28, 2026, with the largest single buy of $4.40M by VP Mindlin at $3.10/share. This cluster of insider buying at a company with a $326M market cap represents approximately 2% of market cap, a highly material signal.
Key Financial Metrics
Key Facts
- Two vice presidents purchased shares in open-market transactions totaling $6.36M
- Largest purchase: VP Mindlin bought 1.42M shares at $3.10 for $4.40M on Sep 28
- VP Mariani bought 25K shares at $78.26 for $1.96M on Sep 25
- Total insider buying represents ~2% of PAM's $326M market cap
- Both transactions are open-market buys (code P) with no 10b5-1 plan indication
Financial Impact
Insider purchases totaling $6.36M, representing ~2% of market cap
Risk Factors
- The $3.10 purchase price for the largest buy is far below the $78.26 price of the second buy, suggesting potential data anomaly or different share classes
- No C-suite executives participated, reducing signal strength relative to CEO/CFO purchases
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PAM-1790973455123 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 9d ago | Insider Buy | $81.10 $79.50 | ▼ −1.97% | ▼ −1.54% | $76.64 (−5.49%) |
Oct 2, 2026 23d ago | Insider Cluster | $79.99 $81.53 | ▲ +1.93% | ▲ +1.50% | $76.64 (−4.18%) |
Sep 2, 2026 7w ago | Insider Buy | $86.42 $88.45 | ▲ +2.35% | ▲ +3.31% | $76.64 (−11.31%) |
Aug 31, 2026 7w ago | Insider Buy | $84.08 $85.91 | ▲ +2.18% | ▲ +2.10% | $76.64 (−8.84%) |
Aug 25, 2026 8w ago | Insider Buy | $79.76 $84.08 | ▲ +5.42% | ▲ +5.96% | $76.64 (−3.91%) |
Aug 20, 2026 9w ago | Insider Buy | $79.52 $80.45 | ▲ +1.17% | ▲ +0.70% | $76.64 (−3.62%) |
Aug 11, 2026 10w ago | 6-K | $79.81 $79.00 | ▼ −1.01% | ▼ −0.61% | $76.64 (−3.97%) |
Aug 4, 2026 11w ago | 6-K | $83.83 $79.41 | ▼ −5.27% | ▼ −5.62% | $76.64 (−8.57%) |
Jul 21, 2026 13w ago | 6-K | $87.35 $85.71 | ▼ −1.88% | ▼ −0.65% | $76.64 (−12.26%) |
Jul 17, 2026 14w ago | 6-K | $84.05 $86.26 | ▲ +2.63% | ▲ +3.06% | $76.64 (−8.81%) |
US Market Status
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