Steven Kyle Boyd, Director at ORASURE TECHNOLOGIES INC (OSUR), bought 75,000 shares at $2.98 ($225K) on 2026-05-12, disclosed to the SEC on 2026-05-14.
Director Steven Kyle Boyd purchased 25,000 shares at $2.98, marking the largest insider purchase in the company's history. This significant buy comes as activist investor Altai Capital Management pushes for a sale, potentially justifying the insider's confidence in the stock's double-digit upside potential.
OSUR is currently trading at $2.94, down 6.37% over the last five days and 8.41% over the past month, though it remains 23% below its 52-week high of $3.82.
Catalysts include activist investor Altai Capital Management pushing for a sale, as reported by Reuters on April 16, 2026; two planned mid-year product launches announced during the Q1 2026 earnings call on May 7; and the fact that this is the largest insider purchase in the company's history.
Risks include the company's continued operating losses, which totaled $19.3 million in Q4 2025, and a short interest of 4.6% of the float.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $2.98 | 25,000 | $75K | 33.1% |
| 2 | $3.02 | 25,000 | $76K | 33.6% |
| 3 | $2.99 | 25,000 | $75K | 33.3% |
| Total | $3.00 avg | 75,000 | $225K | 100% |