Director Kenneth Denman purchased $840,000 worth of QNT shares at $60/share over a one-week window, a conviction buy by a single insider. The purchase size (~0.26% of a $326M market cap) is modest but notable, and follows $24.4M in insider buying over the prior 30 days — a significant cluster of recent insider conviction.
Price Chart
Executive Summary
Director Kenneth Denman purchased $840,000 worth of QNT shares at $60/share over a one-week window, a conviction buy by a single insider. The purchase size (~0.26% of a $326M market cap) is modest but notable, and follows $24.4M in insider buying over the prior 30 days — a significant cluster of recent insider conviction.
Key Financial Metrics
Key Facts
- Director Kenneth Denman bought 14,000 shares at $60.00 for $840,000 in open-market purchases.
- Purchase window: May 29 – June 5, 2026.
- Prior 30-day insider activity shows 10 additional buys totaling $24.4M — a substantial cluster.
- Total insider buying over ~30 days is roughly $25.2M, representing ~7.7% of the estimated $326M market cap.
Financial Impact
~$840K single purchase; $25.2M cluster over 30 days (≈7.7% of est. $326M market cap)
Risk Factors
- The purchase represents ~0.26% of market cap — notable but not transformative on its own without the cluster context.
- No C-suite insider participated in this specific purchase — a director's signal is weaker than CEO/CFO buying.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| INSIDER-BUY Data (Synthetic) | QNT-1780950683984 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 16, 2026 6w ago | Institutional Cluster | $66.01 $49.10 | ▼ −25.62% | ▼ −24.09% | $46.33 (−29.81%) |
Jul 27, 2026 9w ago | Press Release | $49.78 $53.89 | ▲ +8.26% | ▲ +4.88% | $46.33 (−6.93%) |
Jun 8, 2026 16w ago | Insider Buy | $54.94 $77.60 | ▲ +41.24% | ▲ +39.80% | $46.33 (−15.67%) |
Jun 8, 2026 16w ago | Insider Cluster | $54.94 $77.60 | ▲ +41.24% | ▲ +39.80% | $46.33 (−15.67%) |
Jun 4, 2026 17w ago | 3 | $56.26 $83.17 | ▲ +47.83% | ▲ +45.97% | $46.33 (−17.65%) |
Jun 4, 2026 17w ago | 3 | $56.26 $83.17 | ▲ +47.83% | ▲ +45.97% | $46.33 (−17.65%) |
Jun 4, 2026 17w ago | EFFECT | $60.38 $74.56 | ▲ +23.48% | ▲ +24.86% | $46.33 (−23.27%) |
Jun 1, 2026 17w ago | S-1/A | — | awaiting T+20 | — | — |
May 26, 2026 18w ago | S-1/A | — | awaiting T+20 | — | — |
US Market Status
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