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buyModerate

Cormorant Asset Management, LP bought $4.0M of DRUG

owner at BRIGHT MINDS BIOSCIENCES INC.. 184,331 shares at an average of $21.70, traded Nov 4, 2024, filed Nov 6, 2024.

Conviction score
43
Value
$4.0M
184,331 shares
Holdings after
1,059,331
+21% from before
From 52-week low
-
no price yet
From 52-week high
-
no price yet

Score components

  • Role
    10% owner
    +12
  • Trade size
    $4.0M at market
    +25
  • Relative to holdings
    Holdings up 21%
    +6
  • Price context
    No price history yet
    0
  • Cluster
    No other insider buying within 14 days
    0
  • Repeat buying
    2 buys in 90 days
    +5
  • 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 -30.9%, 3m -31.0%, 6m -46.0%.

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 Nov 6, 2024: -3.1%SPY +34.8% · excess -37.9%

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 0000929638-24-003752, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Nov 4, 2024POpen-market purchase
Common Sharesindirect: See Footnote
+184,331$21.70$4.0M1,059,331Nov 6, 2024

Related signals

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

ScoreCompanyInsiderValueHoldingsFiled
38Weak
DRUGsell
BRIGHT MINDS BIOSCIENCES INC.
Cormorant Asset Management, LP
other
$9.8M
109,331 shares
-10%
42Moderate
DRUGbuy
BRIGHT MINDS BIOSCIENCES INC.
Cormorant Asset Management, LP
owner
$3.2M
422,591 shares
+93%

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 $4.0M of DRUG | InsiderTell