Three insiders, including a director, a major 10% owner (RA Capital Management), and another 10% owner (Guy Levy), made open-market purchases totaling ~$402.3M at $20.00/share between June 4 and June 11, 2026. RA Capital's $394.6M purchase alone represents ~11.6% of the company's market cap, a highly material bullish signal from a sophisticated healthcare investor.
Price Chart
Executive Summary
Three insiders, including a director, a major 10% owner (RA Capital Management), and another 10% owner (Guy Levy), made open-market purchases totaling ~$402.3M at $20.00/share between June 4 and June 11, 2026. RA Capital's $394.6M purchase alone represents ~11.6% of the company's market cap, a highly material bullish signal from a sophisticated healthcare investor.
Key Financial Metrics
Key Facts
- RA Capital Management (10% owner/director) bought 19.73M shares at $20.00 for $394.57M.
- Director Alan Sebulsky bought 12.5K shares at $20.00 for $250K.
- 10% Owner Guy Levy bought 375K shares at $20.00 for $7.50M.
- Total cluster purchases: ~$402.3M, representing ~11.8% of PBLS's $3.4B market cap.
- All trades were open-market buys at the same $20.00 price, suggesting coordinated conviction.
Financial Impact
Insider cluster purchases of ~$402.3M represent ~11.8% of PBLS's $3.4B market cap — a highly material vote of confidence from a sophisticated healthcare-focused investor (RA Capital).
Risk Factors
- The coordinated nature of these purchases could precede a significant corporate event that may not materialize as expected.
- The $20.00 strike may indicate a perceived floor, but if the catalyst fails, a rapid unwind of this large position could pressure the stock.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PBLS-1782744111443 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 24, 2026 2d ago | Press Release | $24.79 | awaiting T+60 | — | $25.03 (+0.97%) |
Oct 19, 2026 7d ago | Press Release | $25.35 | awaiting T+60 | — | $25.03 (−1.26%) |
Sep 15, 2026 5w ago | 8-K | $36.88 | awaiting T+60 | — | $25.03 (−32.13%) |
Sep 2, 2026 7w ago | 8-K | $40.75 | awaiting T+60 | — | $25.03 (−38.58%) |
Aug 13, 2026 10w ago | 8-K | $35.67 | awaiting T+60 | — | $25.03 (−29.83%) |
Aug 13, 2026 10w ago | Press Release | $35.67 | awaiting T+60 | — | $25.03 (−29.83%) |
Jul 22, 2026 13w ago | Insider Buy | $32.81 $22.75 | ▼ −30.66% | ▼ −34.31% | $25.03 (−23.71%) |
Jun 29, 2026 17w ago | Insider Cluster | $29.19 $33.31 | ▲ +14.11% | ▲ +10.50% | $25.03 (−14.25%) |
Jun 16, 2026 18w ago | Insider Cluster | $26.03 $36.16 | ▲ +38.92% | ▲ +36.23% | $25.03 (−3.84%) |
Jun 15, 2026 18w ago | Insider Cluster | $26.59 $36.88 | ▲ +38.70% | ▲ +36.84% | $25.03 (−5.87%) |
US Market Status
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