Pale Fire Capital SE, 10% Owner at Phreesia, Inc. (PHR), bought 1,602,505 shares at $11.20 ($18.3M) on 2026-03-17, disclosed to the SEC on 2026-03-19.
Pale Fire Capital SE executed the largest insider purchase in Phreesia's history, buying 303,300 shares at $11.20 on March 17, 2026, signaling confidence in the stock's value despite recent underperformance. This move is significant given the company's 76.75x P/E ratio and the stock's sharp decline from its 52-week high.
The stock is currently trading at $11.77, a 7.0% gain over the last 5 days but down 28.88% over the last 90 days and 59.41% over the past year. It remains 64.07% below its 52-week high of $32.76 and is only 9.49% above its 52-week low of $10.75.
1) Next earnings date: Q1 2027 earnings on May 28, 2026 (per recent news highlights). 2) Analyst sentiment: Price targets trimmed from $14.28 to $13.94 on June 19, 2026, indicating a split on growth outlook. 3) Insider momentum: This is the largest insider purchase ever recorded for the company.
1) Valuation: The stock trades at a high P/E of 76.75x TTM, which may limit upside if growth slows. 2) Analyst skepticism: Recent news indicates analysts have trimmed price targets and are split on growth visibility.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $11.20 | 303,300 | $3.4M | 18.6% |
| 2 | $11.15 | 519,196 | $5.8M | 31.6% |
| 3 | $11.69 | 780,009 | $9.1M | 49.8% |
| Total | $11.42 avg | 1,602,505 | $18.3M | 100% |
| Filing → |
| GRPN | BUY | 2022-04-11 | $10.6M | — | Filing → |
| GRPN | BUY | 2022-04-07 | $4.7M | — | Filing → |