The dollar amount is too small to signal material conviction, $88K is noise for a $589M company. Monitor for additional insider buying or a cluster before reading this as bullish. The next quarterly earnings (10-Q) will provide more actionable data on fundamentals.
How the stock moved after the report
NEUTRAL VIEWSTOCK BELOW ENTRY AT T+5- T+0 · Jul 13 $6.25entry
- T+1 · 4mo ago +0.48%α +0.12% · $6.28
- T+5 · 4mo ago −14.40%α −13.62% · $5.35
- T+20 · due 3mo ago Pending
- T+60 · due 29d ago Pending
Price Chart
REPLAYWatch the reaction play outHow similar events traded
Executive Summary
Jorey Chernett, a 10% owner of Oncology Institute, purchased $88K worth of TOI shares on the open market at $5.85/share on July 10, 2026. This is a standalone conviction buy by a major insider, representing 0.015% of the company's $589M market cap, a very small proportional stake.
Key Financial Metrics
Key Facts
- 10% owner Jorey Chernett bought 15,000 shares at $5.85 on July 10, 2026
- Total purchase value: $88,000
- Purchase represents ~0.015% of TOI's $589M market cap
- Single insider buy, not a cluster
- No other insider activity reported in this filing
Financial Impact
$88K open-market purchase by a 10% owner, trivial relative to $589M market cap
Risk Factors
- Single insider buy of this size is not statistically predictive, Cohen/Malloy/Pomorski 2012 requires material dollar amounts relative to market cap
- No other insiders joined the trade, reducing signal strength
- Insider may be averaging into a position rather than signaling a 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) | 0000921895-26-001798 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 1, 2026 9w ago | 8-K | $6.09 $6.32 | ▲ +3.78% | ▲ +3.86% | $6.84 (+12.32%) |
Aug 24, 2026 10w ago | Insider Cluster | $6.30 $6.82 | ▲ +8.25% | ▲ +8.01% | $6.84 (+8.57%) |
Aug 17, 2026 11w ago | Insider Buy | $6.31 $6.37 | ▲ +0.95% | ▲ +2.93% | $6.84 (+8.40%) |
Jul 22, 2026 15w ago | Insider Buy | $5.29 | awaiting T+20 | awaiting T+20 | $6.84 (+29.30%) |
Jul 22, 2026 15w ago | Insider Cluster | $5.29 | awaiting T+20 | awaiting T+20 | $6.84 (+29.30%) |
Jul 16, 2026 15w ago | Insider Cluster | $5.35 | awaiting T+20 | awaiting T+20 | $6.84 (+27.85%) |
Jul 13, 2026 16w ago | Insider Buy | $6.25 | awaiting T+20 | awaiting T+20 | $6.84 (+9.44%) |
Jun 9, 2026 21w ago | Insider Cluster | $4.68 $5.85 | ▲ +25.00% | ▲ +21.38% | $6.84 (+46.15%) |
Apr 9, 2026 29w ago | Insider Cluster | $3.11 $3.80 | ▲ +22.19% | ▲ +14.62% | $6.84 (+119.94%) |
US Market Status
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