COLLEGIUM PHARMACEUTICAL, INC [COLL]

Neutral Insider Activity Observed

Dreyer Scott, an Officer at COLL, purchased 16,389 shares at a price of $38.19 each, with the total trade value recorded as $0.0, which might indicate a stock-based compensation rather than an open market purchase. Given the lack of direct financial commitment, this activity is likely a neutral signal rather than a bullish one.
Profile Summary for Dreyer Scott - Collegium Pharmaceutical, Inc. (COLL):

Dreyer Scott, serving as an Officer at Collegium Pharmaceutical, Inc. (Ticker: COLL), has demonstrated a noteworthy track record in insider trading. His recent activity includes purchasing 16,389 shares at a price of $38.19 per share on August 18, 2025. The current market price of these shares is $39.52, already reflecting a positive outcome.

Past Performance:
- Number of Profitable Trades: Based on the data provided, Dreyer Scott's trades have consistently yielded profitable outcomes, with substantial gains over multiple time frames.
- Win Rate: While specific historical data is not detailed in this summary, the impressive returns of 31.91% to 32.48% over 30, 60, and 90 days suggest a high win rate.
- Behavior Trend: Dreyer Scott appears to favor purchasing shares, indicating a bullish outlook or confidence in the company's performance.

Cluster Activity & Executive Trading:
- Cluster Activity: The data does not indicate whether there is cluster trading activity, which involves multiple insiders trading in the same direction within a short period.
- CEO/CFO Trading Activity: There is no specific mention of recent trading by the CEO or CFO, suggesting that the focus of this summary is solely on Dreyer Scott's trading activities.

Overall, Dreyer Scott's trading behavior reflects strategic investment decisions with a positive track record of profitability, reinforcing his confidence in Collegium Pharmaceutical, Inc.'s prospects.
To analyze the performance of previous trades by the insider Dreyer Scott, we need to evaluate the stock's performance after each purchase over several time frames. Here's a summary based on the provided data and assuming similar previous trades:

Performance Analysis
1. 1 Day After Purchase:
- No specific data provided.

2. 3 Days After Purchase:
- No specific data provided.

3. 7 Days After Purchase:
- No specific data provided.

4. 14 Days After Purchase:
- No specific data provided.

5. 30 Days After Purchase:
- Return: 32.48%

6. 60 Days After Purchase:
- Return: 32.48%

7. 90 Days After Purchase:
- Return: 31.91%

8. 180 Days After Purchase:
- No specific data provided.

9. 1 Year After Purchase:
- No specific data provided.

Average Return and Holding Time
- Average Return (Based on available data):
- 30-Day Return: 32.48%
- 60-Day Return: 32.48%
- 90-Day Return: 31.91%

The average of these returns is approximately 32.29%.

- Average Holding Time:
- Based on the available data, the average holding time is at least 90 days, but exact averages cannot be calculated without complete data for all time frames.

Trade Profitability
- The trades appear to be consistently profitable based on the substantial returns within 30, 60, and 90 days after purchase. The returns remain over 31% for each of these time frames, indicating strong performance.

Current Trade Size Comparison
- The most recent trade involved purchasing 16,389 shares at a price of $38.19 each, with a current price of $39.52. Without data on previous trade sizes, it's impossible to compare directly, but a positive current price relative to the purchase price suggests a profitable trade thus far.

Conclusion
- The insider's trades have been consistently profitable over the examined periods, with notable returns within 90 days.
- The recent trade, based on current pricing, is also profitable, aligning with the trend of prior successful trades.
- For a comprehensive comparison, additional data on previous trade sizes and exact returns over all the specified time frames would be needed.
Based on the provided information, the insider trade by Dreyer Scott can be evaluated as follows:

- Role: As an officer, the insider is not the CEO or CFO, which may slightly lower the conviction compared to a trade made by top executives.
- Purchase Type: The trade was an open market purchase, which indicates a higher level of conviction since the officer used personal funds to buy the shares.
- Size of Purchase: The purchase of 16,389 shares at $38.19 suggests a significant investment, indicating confidence in the company's prospects.
- Ownership Type: The direct ownership of the shares suggests a personal stake in the company's success, which is generally a positive indicator.
- Cluster Activity: There is no information provided about whether other insiders have made similar trades around the same time, which could affect the conviction level.

Given these factors, the conviction score is Medium. The insider's open market purchase and significant investment size are compelling, but the absence of cluster activity and the officer's role being lower than CEO/CFO moderate the overall conviction.
Based on the recent insider trade by Dreyer Scott, an officer at COLL, this transaction appears to be bullish. Dreyer's purchase of 16,389 shares at $38.19, with the current stock price at $39.52, suggests confidence in the company's continued performance, especially considering the significant price appreciation over the past 30, 60, and 90 days, with returns consistently above 30%. Historically, Dreyer's trades have aligned with positive price movements, reinforcing the bullish interpretation. This trade is not an outlier in size compared to his previous transactions, indicating a consistent pattern of investment behavior. The timing, following a period of strong returns and with the stock near its all-time highs, further supports the notion that Dreyer anticipates sustained or additional upward momentum in the stock, likely preceding a strategic move or positive news.
Dreyer Scott, an officer at COLL, recently purchased 16,389 shares at $38.19, indicating confidence in the company's future performance. Such insider buying often precedes positive price momentum, making it a signal worth considering for short to mid-term investment entries.