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buyWeak

Ra Capital Management, L.p. bought $21M of ETNB

director, owner at 89bio, Inc.. 1,350,000 shares at an average of $15.35, traded Mar 4, 2024, filed Mar 6, 2024.

Conviction score
38
Value
$21M
1,350,000 shares
Holdings after
12,431,584
+12% from before
From 52-week low
-
no price yet
From 52-week high
-
no price yet

Score components

  • Role
    Director
    +15
  • Trade size
    $20.7M at market
    +25
  • Relative to holdings
    Holdings up 12%
    +3
  • 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
    Median 6-month excess return -15% over 22 past buys
    -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.

Rows in this filing

Every transaction in Form 4 0001415889-24-007085, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Mar 4, 2024POpen-market purchase
Common Stockindirect: See Footnotes
+1,350,000$15.35$21M12,431,584Mar 6, 2024

Related signals

Other insiders at 89bio, Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
5Weak
ETNBsell10b5-1
89bio, Inc.
Quoc Le-Nguyen
See Remarks
$115k
10,461 shares
-3%
4Weak
ETNBsell10b5-1
89bio, Inc.
Quoc Le-Nguyen
See Remarks
$91k
15,329 shares
-4%
54Moderate
ETNBbuy 2
89bio, Inc.
Ra Capital Management, L.p.
director, owner
$50M
5,714,285 shares
+41%
48Moderate
ETNBbuy 2
89bio, Inc.
Charles McWherter
director
$100k
15,000 shares
+150%
3Weak
ETNBsell10b5-1
89bio, Inc.
Quoc Le-Nguyen
See Remarks
$71k
10,963 shares
-4%
44Moderate
ETNBbuy 2
89bio, Inc.
Rohan Palekar
Chief Executive Officer
$39k
5,000 shares
+1%
40Moderate
ETNBbuy 2
89bio, Inc.
Charles McWherter
director
$80k
10,000 shares
-
42Moderate
ETNBbuy 2
89bio, Inc.
Rohan Palekar
Chief Executive Officer
$84k
10,000 shares
+2%
13Weak
ETNBsell10b5-1
89bio, Inc.
Quoc Le-Nguyen
See Remarks
$227k
27,955 shares
-13%
14Weak
ETNBsell10b5-1
89bio, Inc.
Rohan Palekar
Chief Executive Officer
$575k
52,718 shares
-10%

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.

Ra Capital Management, L.p. bought $21M of ETNB | InsiderTell