The $78K buy is too small to drive a trading signal. Monitor for an earnings or catalyst filing before taking directional exposure. A cluster of >$650K aggregate insider buying would be necessary to reach the 0.1% threshold for a notable signal at this market cap.
Price Chart
Executive Summary
A 10% owner of Starling Oncology bought $78K in shares open-market at $6.54, while selling a trivial $624. The net $78K buy is ~0.012% of the $657M market cap, well below the 0.1% proportionality threshold — noise-level dollar amount that does not signal material conviction or new inside information. The filing is a routine, low-impact insider buy with no accompanying corporate event or financial disclosure.
Key Financial Metrics
Key Facts
- 10% owner Jorey Chernett purchased 12,000 shares at $6.54 on 2026-08-14, total $78,480
- Same insider sold 100 shares at $6.24 on 2026-08-13, total $624 (noise)
- Purchase represents ~0.012% of Starling Oncology's $657M market cap — far below the 0.1% materiality floor
- No earnings, guidance, or other corporate event accompanies this solitary buy
Financial Impact
Open-market purchase of $78K (0.012% of market cap) is a single round lot for a 10% owner; economically trivial
Risk Factors
- Lone 10% owner buy at trivial size — not a reliable indicator of near-term stock movement
- No accompanying corporate filing (earnings, guidance, M&A) to validate the insider's thesis
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| INSIDER-BUY Data (Synthetic) | 0000921895-26-002203 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 1, 2026 7w ago | 8-K | $6.09 $6.32 | ▲ +3.78% | ▲ +3.86% | $6.59 (+8.21%) |
Aug 24, 2026 9w ago | Insider Cluster | $6.30 $6.82 | ▲ +8.25% | ▲ +8.01% | $6.59 (+4.60%) |
Aug 17, 2026 10w ago | Insider Buy | $6.31 $6.37 | ▲ +0.95% | ▲ +2.93% | $6.59 (+4.44%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers