Insider Purchase by Opaleye Management Inc. (10% Owner)
Trade Summary
6 days ago, Opaleye Management Inc., serving as 10% owner Owner at Sol-Gel Technologies Ltd. (SLGL), purchased 40,330 shares at $69.19 per share, for a total transaction value of $2,790,326.19. Following this transaction, Opaleye Management Inc. now holds 525,217 shares of SLGL.
This purchase represents a 8.32% increase in Opaleye Management Inc.'s stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Friday, August 28, 2026 and publicly disclosed via SEC Form 4 filing on Monday, August 31, 2026 at 6:24 PM ET, 3 days after the trade was made.
Sol-Gel Technologies Ltd. operates in the HEALTHCARE sector, specifically within the BIOTECHNOLOGY industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$69.19
Quantity
40,330
Total Value
$2,790,326.19
Shares Owned
525,217
Trade Date
6 days ago
SEC Filing Date
at 6:24 PM ET
Filed 3 days after trade
Discussion