Opaleye Management Inc., 10% Owner at Sol-Gel Technologies Ltd. (SLGL), bought 951 shares at $71.50 ($68K) on 2026-08-12, disclosed to the SEC on 2026-08-14.
Opaleye Management Inc. executed a $68k purchase of 951 shares at $71.50, marking the largest insider purchase in the company's history and signaling strong conviction in the stock's current trajectory. This significant accumulation by a major holder comes as the stock has surged over 32% in the last 90 days.
The stock is up 8.21% over the last 5 days and 22.81% over the last 30 days, trading at $89.60, which is 8.54% below its 52-week high of $97.97.
Coming off a Q1 2026 earnings miss where revenue lagged estimates by 88.00%, the next earnings report is a key catalyst. Additionally, the company has a short interest of 5.08% of the float, which often creates volatility as shorts cover.
The stock has delivered a massive 487.54% return over the last year, presenting a risk of profit-taking and a potential pullback. Furthermore, the company has a forward P/E of -10.40, indicating negative earnings expectations.
Nothing distinguishes this filing.
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| GRCE | BUY | 2026-10-01 | $16K | — | Filing → |
| GRCE | BUY | 2026-09-23 | $32K | — | Filing → |
| ACOG | BUY | 2026-09-16 | $1.1M | — | Filing → |