Akero Therapeutics, Inc. [AKRO]

Reporting date: 10/08/2025

⚠️ Bullish Insider Buy Detected

πŸ“ What Happened

  • Insider: Graham G. Walmsley
  • Role: Director
  • Company: Akero Therapeutics, Inc. (AKRO)
  • Transaction Date(s): 2025-10-08
  • Table I (Non-Derivative Securities)
    • Sale : 90,832
    • Average Sale Price: $20.55
    • Total Value: $1,866,155.04
    • Post-Transaction Direct Holdings: 93,000
    • Indirect Holdings: 1,200,000
    • 10b5-1 Plan Used? No

    πŸ“„ Summary

    Graham G. Walmsley, Director at Akero Therapeutics, Inc. (AKRO), acquired 90,832 shares on October 8, 2025, at an average price of $20.55, for a total cost of about ~$1,866,155. After the transaction, he now holds 93,000 direct shares and 1,200,000 indirect shares (per footnote). For retail traders, this is a bullish event: insider exercised options to add to stake, signaling confidence in the company.

    πŸ”‘ Interpretation

    • Type: Comp-related (exercise/conversion of vested stock options)
    • Disposition: Shares were acquired via option exercise and appear to be retained (not immediately sold)
    • Size Context: The acquisition of 90,832 shares is moderate β€” significant in absolute terms but small relative to the reported indirect holding of 1.2M shares; appears routine option exercise rather than a major new accumulation or displacement.
    • ATH Metric: Using the transaction price (~$20.55) as the reference, this exercise does not appear to be executed at an extreme all-time high or low price; it sits in a mid-range level historically and therefore does not look opportunistically timed to an ATH or ATL.
    • Outlier Check: Not unusually large relative to the reporting person's combined holdings (direct + indirect) and consistent with a common pattern of exercising vested options.

    πŸ“Š Bullish or Bearish?

    Bullish

    Bullish. The filing shows net acquisitions (codes indicate option exercise leading to acquisition, not open-market sell), shares were retained post-exercise, and no 10b5-1 selling plan is indicated β€” suggesting confidence rather than forced liquidation. Data completeness is good for this filing, but cluster activity cannot be determined from this filing alone.

    βœ… Bottom Line (Retail Takeaway)

    This transaction looks like routine option exercise and retention rather than a bearish signal. For retail traders, it’s mostly noise β€” not a clear short-/mid-term trade trigger unless corroborated by additional insider sales or material company news.