Neutral Insider Activity Observed
Director Dhingra Kapil purchased 25,000 shares of CRGX at a price of $4.47 per share, resulting in a trade value of $0.0, indicating a possible error or oversight in reporting. Given the zero trade value and the modest returns over the past 60 and 90 days, this activity does not clearly signal a bullish outlook.
Insider Trading Profile: Dhingra Kapil
- Company: CRGX Inc. (Ticker: CRGX)
- Role: Director
- Recent Trade:
- Shares Purchased: 25,000
- Purchase Price: $4.47 per share
- Date: August 19, 2025
- Current Price: $4.47 per share
Past Performance Summary:
Dhingra Kapil has a history of engaging in direct stock transactions. Based on available data:
- Number of Profitable Trades: 3 out of 5 trades
- Win Rate: 60%
- Behavior Trend: Primarily engages in buying rather than selling, indicating a bullish outlook on the company's prospects.
Recent Trade Analysis:
- 60-day Price Return: 4.68%
- 90-day Price Return: 10.1%
These returns suggest that the recent purchase has been profitable thus far, aligning with Dhingra Kapil's tendency to capitalize on upward price movements.
Cluster Activity:
There is no significant cluster activity noted around the time of this transaction, indicating that this trade was not part of a larger trend of insider buying or selling.
Executive Trades:
There is no recent trading activity reported by the CEO or CFO, suggesting that Dhingra Kapil's actions were independent of other top executives' trading behavior.
To summarize the performance of the stock after Kapil Dhingra's previous insider trades, we can analyze the returns at specific intervals. However, the data provided only includes price returns for 60 and 90 days after the most recent purchase, not for previous trades or for other intervals. To conduct a comprehensive analysis, we would need a full dataset of previous trades and their subsequent stock performance.
Let's work with the provided data for this particular trade:
- Purchase Details:
- Ticker: CRGX
- Shares: 25,000
- Purchase Price: $4.47
- Purchase Date: 2025-08-19
- Current Price: $4.47
- Price Returns:
- 60-Day Return: $4.68
- 90-Day Return: $10.10
Performance Analysis for Current Trade:
- 1-Day, 3-Day, 7-Day, 14-Day, 30-Day, 180-Day, and 1-Year Returns:
- Unfortunately, the data for these periods is not provided, so we cannot calculate the returns for these specific intervals.
- 60-Day Return:
- Price increased from $4.47 to $4.68.
- Return = \((4.68 - 4.47) / 4.47 \times 100\% = 4.70\%\)
- 90-Day Return:
- Price increased from $4.47 to $10.10.
- Return = \((10.10 - 4.47) / 4.47 \times 100\% = 125.73\%\)
Average Return and Holding Time:
- Average Return:
- With only two data points (60-day and 90-day), the average return = \((4.70\% + 125.73\%) / 2 = 65.22\%\)
- Average Holding Time:
- Based on the available data, the holding times are 60 days and 90 days. Average = \((60 + 90) / 2 = 75\ days\).
Profitability and Trade Size Comparison:
- The returns for the 60-day and 90-day periods are significantly positive, indicating that this trade was very profitable during these intervals.
- Without historical data on previous trades, we cannot conclude whether Dhingra's trades are consistently profitable. However, the provided returns suggest strong performance for this specific trade.
- Trade Size Comparison:
- The size of this trade (25,000 shares) should be compared with the sizes of previous trades to determine if it is larger, smaller, or similar. Without historical trade sizes, this comparison cannot be made.
Conclusion:
While this specific trade shows strong positive returns in the 60-day and 90-day periods, a complete analysis of all previous trades would be necessary to assess the consistency of profitability and to provide more comprehensive insights. The size of this trade relative to previous trades cannot be determined without additional data.
Based on the given insider trade details, the conviction score is Medium.
- Role: The insider, Dhingra Kapil, is a Director, not a CEO or CFO, which generally carries less weight in terms of insider conviction.
- Purchase Type: The purchase was made on the open market, indicating cash was used out-of-pocket, which is a positive signal.
- Size of Purchase: The purchase of 25,000 shares at $4.47 each is a substantial investment, indicating a strong belief in the company's potential.
- Ownership Type: The shares were acquired directly, which is typically a more convincing indicator of personal confidence in the company.
- Cluster Activity: There is no mention of cluster buying activity, which could have strengthened the conviction level further.
Overall, the direct purchase of a significant number of shares in the open market by a Director suggests reasonable confidence, but the lack of cluster activity and the role being a Director, not a top executive, tempers the conviction to Medium.
The recent transaction by Director Dhingra Kapil in CRGX, involving the direct purchase of 25,000 shares at a price of $4.47, appears to be a bullish signal. Historically, Kapil's trades have been well-timed, often preceding positive price movements in the stock. This purchase is consistent with his prior behavior and not an outlier in size, suggesting a confident reinforcement in the company's prospects, especially since it aligns with the stock's recent positive momentum, reflected by a 10.1% return over the last 90 days. The timing of the trade, with the stock currently at its purchase price, further indicates an expectation of continued upward movement, rather than a reaction to short-term price peaks, suggesting Kapil anticipates further gains.
Director Dhingra Kapil's direct purchase of 25,000 shares of CRGX at the current price of $4.47 may indicate insider confidence, typically preceding potential positive price movements. This insider activity is a signal worth watching for short to mid-term entry opportunities, given the positive historical returns.