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Insider Buy Cluster Buy Mega Buy ($1M+) September 30, 2024

Forbion Growth Opportunities Fund I Cooperatief U.A. purchased ~$12M in enGene Holdings Inc. Common Stock stock

enGene Holdings Inc. Common Stock (ENGN)  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published Updated

= insider buy date

ENGN price after insider trade by Forbion Growth Opportunities Fund I Cooperatief U.A.

Insider

Forbion Growth Opportunities Fund I Cooperatief U.A.

Role

Transaction

Open-Market Purchase

Approx. Value

~$12M

Trade Date

Sep 30, 2024

Company

enGene Holdings Inc. Common Stock

Ticker

ENGN

Source

SEC EDGAR Form 4

Strong conviction signal

Scored above average across multiple factors. Roughly 15% of insider trades qualify as Strong.

~$12M purchase

Trades over $1M are rare. When insiders put this much of their own money on the line, they tend to have high conviction in their company's direction.

2 insiders traded in the same window

When multiple insiders independently buy within 30 days, it's called a cluster. Studies show clustered insider purchases outperform solo trades significantly, because several people with inside knowledge are reaching the same conclusion.

FG

How good is Forbion Growth Opportunities Fund I Cooperatief U.A. at picking stocks?

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2

Forbion Growth Opportunities Fund I Cooperatief U.A. wasn't the only one buying.

2 insiders at enGene Holdings Inc. Common Stock traded within the same 30-day window.

See who else bought · Free

On September 30, 2024, Forbion Growth Opportunities Fund I Cooperatief U.A. — a corporate insider at enGene Holdings Inc. Common Stock — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$12M in enGene Holdings Inc. Common Stock (ENGN) stock.

This transaction was part of a cluster — 2 insiders at enGene Holdings Inc. Common Stock made open-market purchases within the same 30-day window. Cluster activity from multiple independent insiders is one of the most studied patterns in insider trading research.

Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.

Full Conviction Analysis

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All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.

Signal strength Strong
Trade size ~$12M
Insider role Insider
Cluster 2 insiders

What is this?

When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.

Why does it matter?

Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.

What makes a trade "strong"?

We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.

Read our full methodology →

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