Braden Michael Leonard, 10% Owner at Adverum Biotechnologies, Inc. (ADVM), bought 74,000 shares at $5.04 ($378K) on 2025-03-26, disclosed to the SEC on 2025-03-27.
Open-market purchase of $378k ADVM by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history). Context: insider career grade D.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $5.04 | 20,407 | $103K | 27.2% |
| 2 | $5.04 | 20,407 | $103K | 27.2% |
| 3 | $5.19 | 16,593 | $86K | 22.8% |
| 4 | $5.19 | 16,593 | $86K | 22.8% |
| Total | $5.11 avg | 74,000 | $378K | 100% |
| Filing → |
| ADVM | SELL | 2025-12-03 | $3.6M | — | Filing → |
| ASTC | SELL | 2025-10-07 | $3.2M | — | Filing → |
| ANTX | SELL | 2025-06-16 | $436K | — | Filing → |