Cormorant Asset Management, LP bought $3.2M of DRUG
owner at BRIGHT MINDS BIOSCIENCES INC.. 422,591 shares at an average of $7.65, traded Oct 15, 2024, filed Oct 17, 2024.
Score components
- +12Role10% owner
- +25Trade size$3.2M at market
- +10Relative to holdingsHoldings up 93%
- 0Price contextNo price history yet
- 0ClusterNo other insider buying within 14 days
- 0Repeat buyingFirst buy in 90 days
- 0Track recordToo few past buys to judge (0 with prices)
- -5Outside holderA 10% owner who is not an officer or director
What happened after comparable buys
Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.
This signal so far: 1m +82.5%, 3m +68.7%, 6m +52.6%.
Price around the trade, and since
From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.
Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™
Rows in this filing
Every transaction in Form 4 0000929638-24-003542, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Oct 15, 2024 | POpen-market purchase Common Sharesindirect: See Footnote | +238,097 | $4.53 | $1.1M | 690,506 | Oct 17, 2024 |
| Oct 15, 2024 | POpen-market purchase Common Sharesindirect: See Footnote | +63,173 | $5.92 | $374k | 753,679 | Oct 17, 2024 |
| Oct 15, 2024 | POpen-market purchase Common Sharesindirect: See Footnote | +33,343 | $6.42 | $214k | 787,022 | Oct 17, 2024 |
| Oct 15, 2024 | POpen-market purchase Common Sharesindirect: See Footnote | +8,900 | $7.31 | $65k | 795,922 | Oct 17, 2024 |
| Oct 15, 2024 | POpen-market purchase Common Sharesindirect: See Footnote | +2,600 | $8.80 | $23k | 798,522 | Oct 17, 2024 |
| Oct 15, 2024 | POpen-market purchase Common Sharesindirect: See Footnote | +2,700 | $9.26 | $25k | 801,222 | Oct 17, 2024 |
| Oct 15, 2024 | POpen-market purchase Common Sharesindirect: See Footnote | +19,169 | $11.72 | $225k | 820,391 | Oct 17, 2024 |
| Oct 15, 2024 | POpen-market purchase Common Sharesindirect: See Footnote | +4,609 | $12.35 | $57k | 825,000 | Oct 17, 2024 |
| Oct 16, 2024 | POpen-market purchase Common Sharesindirect: See Footnote | +39,743 | $23.22 | $923k | 864,743 | Oct 17, 2024 |
| Oct 16, 2024 | POpen-market purchase Common Sharesindirect: See Footnote | +7,150 | $24.03 | $172k | 871,893 | Oct 17, 2024 |
| Oct 16, 2024 | POpen-market purchase Common Sharesindirect: See Footnote | +3,107 | $25.22 | $78k | 875,000 | Oct 17, 2024 |
Related signals
Other insiders at BRIGHT MINDS BIOSCIENCES INC. and this insider’s other filings.
| Score | Company | Insider | Value | Holdings | Filed |
|---|---|---|---|---|---|
| 43Moderate | DRUGbuy BRIGHT MINDS BIOSCIENCES INC. | Cormorant Asset Management, LP owner | $4.0M 184,331 shares | +21% |
Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.