Braden Michael Leonard, 10% Owner at Outset Medical, Inc. (OM), bought 244,909 shares at $3.53 ($870K) on 2026-10-01, disclosed to the SEC on 2026-10-05.
Outset Medical's Braden Michael Leonard executed a massive insider buy of 228,334 shares at $3.53, representing the largest trade in the company's history, signaling strong conviction in the stock's recovery potential. This significant accumulation comes as the stock has surged 34% over the past five days, suggesting the market is already pricing in a turnaround.
OM has rallied 34.12% over the last 5 days and 10.28% over the last 30 days, recovering from a 17.12% decline over the past 90 days. The stock is currently trading 75.43% below its 52-week high of $16.16 and 38.09% above its 52-week low of $2.88.
Insider cluster momentum: The trade is flagged as the largest ever, with no prior consecutive sells, indicating a strong accumulation phase. Upcoming catalyst: Q3 earnings are scheduled for November 4, 2026, which will be a key test of the recent price recovery.
Valuation risk: The forward P/E is negative (-1.79), and the stock remains down 72.6% over the last year despite the recent rally. Liquidity risk: The stock has a beta of 1.989, indicating high volatility, and a short interest of 6.4% of the float.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $3.53 | 228,334 | $806K | 92.6% |
| 2 | $3.88 | 16,575 | $64K | 7.4% |
| Total | $3.55 avg | 244,909 | $870K | 100% |