Opaleye Management Inc., 10% Owner at Sol-Gel Technologies Ltd. (SLGL), bought 3,124 shares at $66.80 ($207K) on 2026-09-10, disclosed to the SEC on 2026-09-14.
Opaleye Management Inc., a holder of over 10% of the shares, purchased 1,631 shares of Sol-Gel Technologies for $108,943 on September 10, 2026, signaling confidence in the stock's recovery potential. This move comes as the stock has retraced significantly from its 52-week high, presenting a potential value entry point.
SLGL is down 25.99% over the last 30 days and 9.52% over the last 90 days, trading at $66.31, which is 32.32% below its 52-week high of $97.97. The stock has experienced a massive 167.27% gain over the past year, but it has recently pulled back from those highs.
Coming off a Q1 2026 earnings miss where revenue lagged estimates by 88.00%, the next earnings report is a key catalyst to watch. Additionally, the company's recent news indicates a history of revenue misses, such as a -89.29% miss in Q4 2025, making the upcoming print critical for sentiment.
The stock faces significant risk given its recent revenue misses, including a -88.00% miss in Q1 2026 and a -89.29% miss in Q4 2025. Furthermore, the company has a high beta of 1.131, indicating higher volatility compared to the market.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $66.80 | 1,631 | $109K | 52.5% |
| 2 | $65.94 | 1,493 | $98K | 47.5% |
| Total | $66.39 avg | 3,124 | $207K | 100% |
| Filing → |
| GRCE | BUY | 2026-10-01 | $16K | — | Filing → |
| GRCE | BUY | 2026-09-23 | $32K | — | Filing → |
| ACOG | BUY | 2026-09-16 | $1.1M | — | Filing → |