Opaleye Management Inc., 10% Owner at Sol-Gel Technologies Ltd. (SLGL), bought 1,695 shares at $73.89 ($125K) on 2026-07-13, disclosed to the SEC on 2026-07-15.
Opaleye Management Inc. executed the largest insider purchase in Sol-Gel Technologies' history by buying 775 shares for approximately $57k, signaling confidence despite recent underperformance. This move comes as the stock trades 25.53% below its 52-week high of $97.97, following two consecutive quarters of revenue misses.
The stock is currently trading at $72.96, down 1.63% over the past five days and 25.53% below its 52-week high of $97.97.
The largest insider purchase in company history on July 13, 2026, signals potential conviction in the stock's recovery following recent revenue misses.
The stock faces risks from its negative forward P/E of -8.39 and a short interest of 4.51% of the float, which could pressure the price if the company fails to execute on its turnaround. Additionally, the company has missed revenue estimates by nearly 90% in both Q1 and Q4 2025, raising questions about its commercial viability.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $73.89 | 775 | $57K | 45.9% |
| 2 | $73.43 | 920 | $68K | 54.1% |
| Total | $73.64 avg | 1,695 | $125K | 100% |
| Filing → |
| GRCE | BUY | 2026-10-01 | $16K | — | Filing → |
| GRCE | BUY | 2026-09-23 | $32K | — | Filing → |
| ACOG | BUY | 2026-09-16 | $1.1M | — | Filing → |