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buyModerate

Patrick J Heron bought $12M of MBX

director, owner at MBX Biosciences, Inc.. 666,666 shares at an average of $18.00, traded Sep 26, 2025, filed Sep 30, 2025.

Conviction score
51
Value
$12M
666,666 shares
Holdings after
5,219,440
+15% from before
From 52-week low
+202%
low $5.79, close $17.51
From 52-week high
-33%
high $25.98, as of Sep 26, 2025

Score components

  • Role
    Director
    +15
  • Trade size
    $12.0M at market
    +25
  • Relative to holdings
    Holdings up 15%
    +3
  • Price context
    33% below the 52-week high
    +8
  • 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

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 +24.5%, 3m +76.6%, 6m +70.6%.

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.

MBXOct 12, 2026 · close 52.02
Since filing Sep 30, 2025: +197.3%SPY +18.0% · excess +179.2%

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 0001231919-25-000267, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Sep 26, 2025POpen-market purchase
Common Stockindirect: By Frazier Life Sciences X, L.P.
+666,666$18.00$12M5,219,440Sep 30, 2025

Related signals

Other insiders at MBX Biosciences, Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
15Weak
MBXsell
MBX Biosciences, Inc.
Salomon Azoulay
Chief Medical Officer
$24k
370 shares
-3%
33Weak
MBXsell 210b5-1
MBX Biosciences, Inc.
Salomon Azoulay
Chief Medical Officer
$2.7M
70,003 shares
-100%
23Weak
MBXsell 2
MBX Biosciences, Inc.
Salomon Azoulay
Chief Medical Officer
$6,824
231 shares
-2%
33Weak
MBXsell 2
MBX Biosciences, Inc.
P. Kent Hawryluk
President & CEO
$18k
607 shares
-0%
51Moderate
MBXbuy
MBX Biosciences, Inc.
P. Kent Hawryluk
President & CEO
$526k
18,500 shares
+4%
54Moderate
MBXbuy 2
MBX Biosciences, Inc.
P. Kent Hawryluk
President & CEO
$273k
20,000 shares
+4%
52Moderate
MBXbuy 2
MBX Biosciences, Inc.
Steven L. Hoerter
President and CEO
$265k
20,000 shares
-
45Moderate
MBXbuy
MBX Biosciences, Inc.
Ora H. Pescovitz
director
$45k
7,693 shares
+46%
51Moderate
MBXbuy 2
MBX Biosciences, Inc.
Carl L Gordon
director, owner
$2.0M
190,672 shares
+6%
54Moderate
MBXbuy 2
MBX Biosciences, Inc.
P. Kent Hawryluk
President & CEO
$535k
50,000 shares
+13%

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.

Patrick J Heron bought $12M of MBX | InsiderTell