The 10% owner's significant open-market buying suggests confidence in upcoming catalysts (pipeline updates, partnerships). Traders should watch for positive news flow and consider accumulating on dips. The cluster of purchases by the same holder amplifies the signal.
Price Chart
Executive Summary
Opaleye Management Inc., a 10% owner of Sol-Gel Technologies, purchased $2.43M of SLGL shares in open-market transactions over the week ending August 28, 2026. This represents ~1.08% of the $225M market cap and is a strong insider vote of confidence, especially given the 90% bullish analyst consensus and recent cluster of additional purchases by the same holder.
Key Financial Metrics
Key Facts
- Opaleye Management Inc. (10% owner) bought $2.43M of SLGL shares via open-market purchases between Aug 21-28, 2026.
- Purchases include 10,000 shares at $71.40, 20,113 shares at $68.42, and 5,000 shares at $68.81.
- Total purchase represents ~1.08% of SLGL's $225M market cap.
- Additional purchases by Opaleye on Aug 31 ($356K) bring the cluster total to ~$2.79M (1.24% of market cap).
- Analyst consensus is 90% bullish (2 Strong Buy, 7 Buy, 1 Hold).
Financial Impact
Insider purchased $2.43M of stock, signaling strong conviction from a major shareholder.
Risk Factors
- The stock is volatile and may not react immediately to insider activity.
- No specific catalyst is disclosed; the buying could be valuation-driven rather than event-driven.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| INSIDER-BUY Data (Synthetic) | 0001493152-26-040895 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 6, 2026 20d ago | 6-K | $75.64 | awaiting T+20 | — | $69.63 (−7.95%) |
Sep 30, 2026 26d ago | 6-K | $74.28 | awaiting T+20 | — | $69.63 (−6.26%) |
Sep 17, 2026 5w ago | 6-K | $64.54 $68.70 | ▲ +6.45% | ▲ +4.99% | $69.63 (+7.89%) |
Sep 14, 2026 6w ago | Insider Buy | $64.40 $68.30 | ▲ +6.06% | ▲ +3.08% | $69.63 (+8.12%) |
Sep 9, 2026 6w ago | Insider Buy | $66.79 $70.34 | ▲ +5.32% | ▲ +2.94% | $69.63 (+4.25%) |
Sep 3, 2026 7w ago | Insider Buy | $69.52 $78.95 | ▲ +13.56% | ▲ +12.96% | $69.63 (+0.16%) |
Aug 31, 2026 7w ago | Insider Buy | $69.52 $74.28 | ▲ +6.85% | ▲ +6.53% | $69.63 (+0.16%) |
Aug 20, 2026 9w ago | 6-K | $78.50 $64.54 | ▼ −17.78% | ▼ −17.78% | $69.63 (−11.29%) |
Aug 20, 2026 9w ago | Press Release | $78.50 $64.54 | ▼ −17.78% | ▼ −17.78% | $69.63 (−11.29%) |
Aug 14, 2026 10w ago | Insider Buy | $83.01 $64.40 | ▼ −22.42% | ▼ −20.44% | $69.63 (−16.12%) |
US Market Status
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