This is a concentrated, high-conviction insider buy from a 10% owner deploying ~1.23% of market cap over a short window. Per insider-buying literature, such cluster buys from a major stakeholder are strongly predictive of positive forward returns. Monitor for any upcoming catalysts (earnings, pipeline updates) that may have prompted this accumulation.
Price Chart
Executive Summary
Opaleye Management Inc., a 10% owner of Sol-Gel Technologies, has purchased a total of $2.84M worth of SLGL shares in a concentrated buying spree between August 25 and September 1, 2026. This represents approximately 1.23% of the company's $231M market cap, a significant insider conviction buy from a major stakeholder.
Key Financial Metrics
Key Facts
- 10% owner Opaleye Management Inc. purchased $2.84M of SLGL shares over 5 trading days
- Average purchase price was approximately $68.90 per share
- Total insider buying in the last 30 days now totals $3.0M from 8 buys
- The $2.84M represents ~1.23% of SLGL's $231M market cap
- All transactions were open-market purchases (code P)
- Purchase window: August 25 through September 1, 2026
Financial Impact
1.23% of market cap purchased by a single 10% owner, totaling $2.84M in open-market buys
Risk Factors
- The purchase comes from a single entity (Opaleye) which reduces diversification of the signal
- No accompanying filings provide an explanation for the buying, creating uncertainty about the catalyst
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| INSIDER-BUY Data (Synthetic) | 0001493152-26-041363 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 6, 2026 21d ago | 6-K | $75.64 | awaiting T+20 | — | $70.55 (−6.73%) |
Sep 30, 2026 27d ago | 6-K | $74.28 | awaiting T+20 | — | $70.55 (−5.02%) |
Sep 17, 2026 5w ago | 6-K | $64.54 $68.70 | ▲ +6.45% | ▲ +4.99% | $70.55 (+9.31%) |
Sep 14, 2026 6w ago | Insider Buy | $64.40 $68.30 | ▲ +6.06% | ▲ +3.08% | $70.55 (+9.55%) |
Sep 9, 2026 6w ago | Insider Buy | $66.79 $70.34 | ▲ +5.32% | ▲ +2.94% | $70.55 (+5.63%) |
Sep 3, 2026 7w ago | Insider Buy | $69.52 $78.95 | ▲ +13.56% | ▲ +12.96% | $70.55 (+1.48%) |
Aug 31, 2026 8w ago | Insider Buy | $69.52 $74.28 | ▲ +6.85% | ▲ +6.53% | $70.55 (+1.48%) |
Aug 20, 2026 9w ago | 6-K | $78.50 $64.54 | ▼ −17.78% | ▼ −17.78% | $70.55 (−10.12%) |
Aug 20, 2026 9w ago | Press Release | $78.50 $64.54 | ▼ −17.78% | ▼ −17.78% | $70.55 (−10.12%) |
Aug 14, 2026 10w ago | Insider Buy | $83.01 $64.40 | ▼ −22.42% | ▼ −20.44% | $70.55 (−15.01%) |
US Market Status
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