Monitor for further institutional accumulation or additional insider activity. Pale Fire's entry could signal growing confidence in Phreesia's valuation or strategy, especially if followed by other funds.
Price Chart
Executive Summary
General Counsel Allison Hoffman sold $74K in shares, while institutional investor Pale Fire Capital bought $9.1M in open-market transactions over the past week. The insider sale is minor and routine, while the institutional accumulation represents a meaningful vote of confidence.
Key Financial Metrics
Key Facts
- General Counsel & Secretary Allison Hoffman sold 6,176 shares at $11.97 for $73,927 in an open-market transaction.
- Institutional investor Pale Fire Capital purchased 780,009 shares at ~$11.69 for $9.12 million in open-market buying.
- The total cluster value is $9.2M, with $9.1M driven by institutional buying and $74K by insider selling.
- Hoffman's sale represents less than 0.01% of company market cap and is consistent with routine portfolio management.
Financial Impact
$9.1M institutional buying offsets $74K insider selling; net positive flow but not transformative
Risk Factors
- Single-institution buying spree may not be sustained.
- Insider selling, while small, could be perceived negatively if repeated in coming months.
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-PHR-1774472458128 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 2, 2026 4w ago | 8-K | $11.10 $10.07 | ▲ +9.28% | ▲ +8.09% | $10.36 (+6.67%) |
May 14, 2026 20w ago | DEFA14A | $8.77 $9.15 | ▲ +4.33% | ▲ +2.21% | $10.36 (+18.13%) |
Apr 10, 2026 25w ago | Insider Cluster | $8.06 $9.83 | ▼ −21.96% | ▼ −13.43% | $10.36 (−28.54%) |
Apr 10, 2026 25w ago | Insider Cluster | $8.06 $9.83 | ▼ −21.96% | ▼ −13.43% | $10.36 (−28.54%) |
Apr 3, 2026 26w ago | 8-K | $9.15 $9.67 | ▼ −5.68% | ▲ +3.30% | $10.36 (−13.22%) |
Mar 18, 2026 28w ago | Insider Cluster | $11.20 $9.17 | ▼ −18.13% | ▼ −24.17% | $10.36 (−7.50%) |
US Market Status
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