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.
Price Chart
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 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 3, 2026 12w ago | 8-K | $5.13 | awaiting T+20 | — | — |
Jul 22, 2026 13w ago | Insider Buy | $5.29 | awaiting T+20 | — | — |
Jul 22, 2026 13w ago | Insider Cluster | $5.29 | awaiting T+20 | — | — |
Jul 16, 2026 14w ago | Insider Cluster | $5.35 | awaiting T+20 | — | — |
Jul 13, 2026 15w ago | Insider Buy | $6.25 | awaiting T+20 | — | — |
Jul 7, 2026 16w ago | 8-K | $5.65 $5.13 | ▼ −9.20% | ▼ −12.48% | — |
Jun 11, 2026 19w ago | Institutional Cluster | $5.13 $5.85 | ▲ +14.04% | ▲ +12.14% | — |
Jun 9, 2026 19w ago | Insider Cluster | $4.68 $5.85 | ▲ +25.00% | ▲ +21.38% | — |
Apr 27, 2026 26w ago | Press Release | $3.33 $4.59 | ▲ +37.84% | ▲ +32.88% | — |
Apr 9, 2026 28w ago | Insider Cluster | $3.11 $3.80 | ▲ +22.19% | ▲ +14.62% | — |
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