Quantisnow Insider Buying Index
Insider buying in February 2026
Last updated . Recomputed daily.
In February 2026, insiders bought $1.28B of stock in open-market purchases across 390 companies, up 14.5% from January, against $14.56B of open-market sales, based on 742 Form 4 purchase filings.
Key figures
- Insider purchase value
- $1.28B
- Prior month: $1.12B
- Insider purchase filings
- 742
- Prior month: 499
- Companies with insider buying
- 390
- Prior month: 219
- Cluster buys (3+ filings)
- 74
- Prior month: 56
- Insider open-market sale value
- $14.56B
- Prior month: $7.18B
- Buy-to-sell value ratio
- 0.09
- Prior month: 0.16
- All Form 4 filings
- 20,915
- Prior month: 13,542
Companies with the largest insider purchases, February 2026
| Company | Purchase value | Filings |
|---|---|---|
| SpyGlass Pharma Inc. (SGP) | $221.5M | 15 |
| W.R. Berkley Corporation (WRB) | $170.7M | 8 |
| Soho House & Co Inc. (SHCO) | $100.0M | 1 |
| Veradermics Incorporated (MANE) | $54.1M | 5 |
| Eikon Therapeutics Inc. (EIKN) | $51.1M | 5 |
| Lincoln National Corporation (LNC) | $50.0M | 1 |
| Avis Budget Group Inc. (CAR) | $40.1M | 1 |
| ContextLogic Inc. (LOGC) | $36.9M | 3 |
| Figma Inc. (FIG) | $36.5M | 1 |
| KKR & Co. Inc. (KKR) | $35.4M | 4 |
| Sonos Inc. (SONO) | $30.9M | 3 |
| Blackstone Inc. (BX) | $30.1M | 2 |
| Anteris Technologies Global Corp. (AVR) | $28.8M | 1 |
| ASA Gold and Precious Metals Limited (ASA) | $26.2M | 7 |
| York Space Systems Inc. (YSS) | $25.7M | 3 |
| Hennessy Capital Investment Corp. VIII (HCIC) | $20.1M | 3 |
| Nasdaq Inc. (NDAQ) | $16.8M | 2 |
| CVR Energy Inc. (CVI) | $16.4M | 1 |
| Texas Ventures Acquisition III Corp (TVA) | $10.0M | 1 |
| Lee Enterprises Incorporated (LEE) | $8.9M | 4 |
| Treehouse Foods Inc. (THS) | $8.8M | 1 |
| ProMIS Neurosciences Inc. (PMN) | $8.5M | 2 |
| Envoy Medical Inc. (COCH) | $8.2M | 6 |
| 5E Advanced Materials Inc. (FEAM) | $8.0M | 3 |
| Reddit Inc. (RDDT) | $7.5M | 1 |
Methodology
An insider purchase is a Form 4 filed with the SEC whose non-derivative table reports an open-market purchase (transaction code P) by an officer, director or 10% owner. Quantisnow parses every Form 4 from EDGAR as it is accepted, computes the dollar value of each transaction (shares times reported price), and tags filings with a purchase as the Insider Buy category.
Purchase value sums those reported dollar values across all purchase filings in the month. Sale value does the same for open-market sales (transaction code S) on every other Form 4, so tax withholding, option exercises, grants and gifts are excluded from both sides. Transactions reported without a price carry no dollar value. Amended Form 4s (4/A) are excluded because they restate a filing already counted, and transactions priced above $10,000 per share or worth more than $2 billion are excluded as reporting errors (typically a price filed in cents or a foreign currency). A filing whose purchases exceed twice the company's current market capitalization is also excluded from value (usually an issuer reporting its own share issuance).
Companies counts distinct issuers with at least one purchase filing. A cluster buy is an issuer with three or more purchase filings in the same month, a common proxy for several insiders buying together.
Figures are recomputed daily from the Quantisnow event database. The current month is marked as month to date until it closes; closed months are recomputed for a few days after month end to pick up late filings, then stay fixed.
April 2026: Insider purchase tagging was interrupted for part of this month, so purchase counts and values are incomplete. Form 4 totals are unaffected.
October 2026: Insider purchase tagging was interrupted for part of this month, so purchase counts and values are incomplete. Form 4 totals are unaffected.
Definitions for every column are in the JSON download.
Metric definitions
- Insider purchase value
- (
buyValue): Dollar value of open-market purchases (transaction code P) reported on Form 4. - Insider purchase filings
- (
buys): Form 4 filings reporting at least one open-market purchase. - Companies with insider buying
- (
companies) - Cluster buys (3+ filings)
- (
clusters): Companies with three or more insider purchase filings in the month. - Insider open-market sale value
- (
sellValue): Dollar value of open-market sales (transaction code S) reported on Form 4. - Buy-to-sell value ratio
- (
buySellRatio): Purchase value divided by open-market sale value. - All Form 4 filings
- (
form4)
Download and cite
Free to reuse under CC BY 4.0 with attribution to Quantisnow and a link to this page.
Quantisnow. (2026). Quantisnow Insider Buying Index, February 2026 [Data set]. Retrieved October 27, 2026, from https://www.quantisnow.com/data/insider-buying/2026-02
<figure style="margin:0;max-width:720px"><a href="https://www.quantisnow.com/data/insider-buying"><img src="https://www.quantisnow.com/data/insider-buying.svg" alt="Quantisnow Insider Buying Index chart" width="720" height="340" style="width:100%;height:auto" loading="lazy"></a><figcaption style="font:12px sans-serif;color:#5b6470">Source: <a href="https://www.quantisnow.com/data/insider-buying">Quantisnow Insider Buying Index</a> by Quantisnow</figcaption></figure>