Director and 10% Owner Makes Substantial $5M Stock Purchase Post-Offering
ALXO has more than doubled off its 52-week low of $0.404 on elevated volume (4.0× avg).
Summary
A Director and 10% Owner of ALX Oncology Holdings made a nearly $5 million open market purchase of company stock, signaling strong confidence shortly after a significant public offering.
Key Events · Ownership and Investor Activity · ALXO
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Substantial Insider Purchase
Corey S. Goodman, a Director and 10% Owner, acquired $4,999,999 worth of common stock in an open market transaction on February 2, 2026.
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Post-Offering Confidence Signal
This significant purchase occurred just days after the company finalized a $150 million public offering on January 30, 2026, indicating strong insider conviction despite recent dilution.
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Significant Stake Increase
The transaction represents a substantial investment relative to the company's market capitalization, increasing the reporting owner's indirect holdings to 8,453,038 shares.
Analysis · ALXO · Life Sciences
Corey S. Goodman, a Director and 10% Owner, made a significant open market purchase of nearly $5 million in ALX Oncology Holdings stock. This substantial investment, representing a notable portion of the company's market capitalization, occurred just days after the company finalized a $150 million public offering on January 30, 2026. The timing of this large insider buy, especially following a dilutive capital raise, signals strong confidence in the company's future prospects and the value of its shares. The stock is also trading near its 52-week high, further underscoring the conviction behind this purchase.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 36.1% of the 1051 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ALXO was trading at $2.19 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $109M. The 52-week trading range was $0.40 to $2.27. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.