Opaleye Management Inc., 10% Owner at Sol-Gel Technologies Ltd. (SLGL), bought 1,712 shares at $71.99 ($123K) on 2026-07-01, disclosed to the SEC on 2026-07-02.
Opaleye Management Inc. executed a $22.46k purchase of 312 shares at $71.99, marking the largest insider purchase in the company's history and signaling strong conviction in the stock's recovery. This move is significant given the company's recent operational struggles and the stock's current valuation relative to its 52-week range.
SLGL is currently trading at $72.81, down 3.32% over the last 5 days and 8.37% over the last 90 days, but remains up 875.35% over the past year. The stock is currently 25.68% below its 52-week high of $97.97.
1) Q1 2026 earnings on March 28, 2026: Coming off a Q1 surprise of +28.80% earnings and -88.00% revenue, the next print will be critical for validating the turnaround narrative. 2) Q4 2025 earnings on March 19, 2026: The company previously missed revenue estimates by -89.29% in Q4 2025, setting a low bar for the upcoming Q1 report. 3) Largest ever insider purchase: The signal_flags indicate this is the largest insider purchase ever recorded for SLGL, creating a positive momentum cluster.
1) Revenue miss risk: The company has a history of missing revenue estimates, with recent misses of -88.00% in Q1 2026 and -89.29% in Q4 2025. 2) Short interest: The stock has a short interest of 5.08% of the float, indicating some skepticism among traders.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $71.99 | 312 | $22K | 18.2% |
| 2 | $71.97 | 1,400 | $101K | 81.8% |
| Total | $71.97 avg | 1,712 | $123K | 100% |
| Filing → |
| GRCE | BUY | 2026-10-01 | $16K | — | Filing → |
| GRCE | BUY | 2026-09-23 | $32K | — | Filing → |
| ACOG | BUY | 2026-09-16 | $1.1M | — | Filing → |