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buyModerate

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.

Conviction score
42
Value
$3.2M
422,591 shares
Holdings after
875,000
+93% from before
From 52-week low
-
no price yet
From 52-week high
-
no price yet

Score components

  • Role
    10% owner
    +12
  • Trade size
    $3.2M at market
    +25
  • Relative to holdings
    Holdings up 93%
    +10
  • Price context
    No price history yet
    0
  • Cluster
    No other insider buying within 14 days
    0
  • Repeat buying
    First buy in 90 days
    0
  • Track record
    Too few past buys to judge (0 with prices)
    0
  • Outside holder
    A 10% owner who is not an officer or director
    -5

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.

DRUGOct 9, 2026 · close 54.05
Since filing Oct 17, 2024: +149.1%SPY +36.8% · excess +112.3%

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

DateTransactionSharesPriceValueHoldings afterFiled
Oct 15, 2024POpen-market purchase
Common Sharesindirect: See Footnote
+238,097$4.53$1.1M690,506Oct 17, 2024
Oct 15, 2024POpen-market purchase
Common Sharesindirect: See Footnote
+63,173$5.92$374k753,679Oct 17, 2024
Oct 15, 2024POpen-market purchase
Common Sharesindirect: See Footnote
+33,343$6.42$214k787,022Oct 17, 2024
Oct 15, 2024POpen-market purchase
Common Sharesindirect: See Footnote
+8,900$7.31$65k795,922Oct 17, 2024
Oct 15, 2024POpen-market purchase
Common Sharesindirect: See Footnote
+2,600$8.80$23k798,522Oct 17, 2024
Oct 15, 2024POpen-market purchase
Common Sharesindirect: See Footnote
+2,700$9.26$25k801,222Oct 17, 2024
Oct 15, 2024POpen-market purchase
Common Sharesindirect: See Footnote
+19,169$11.72$225k820,391Oct 17, 2024
Oct 15, 2024POpen-market purchase
Common Sharesindirect: See Footnote
+4,609$12.35$57k825,000Oct 17, 2024
Oct 16, 2024POpen-market purchase
Common Sharesindirect: See Footnote
+39,743$23.22$923k864,743Oct 17, 2024
Oct 16, 2024POpen-market purchase
Common Sharesindirect: See Footnote
+7,150$24.03$172k871,893Oct 17, 2024
Oct 16, 2024POpen-market purchase
Common Sharesindirect: See Footnote
+3,107$25.22$78k875,000Oct 17, 2024

Related signals

Other insiders at BRIGHT MINDS BIOSCIENCES INC. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
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.

Cormorant Asset Management, LP bought $3.2M of DRUG | InsiderTell