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ADMA ADMA BIOLOGICS, INC. Insider Trading

Latest: Director Bought $100K of Shares · May 2026

Multiple insiders have been active at ADMA BIOLOGICS, INC. (ADMA): 4 distinct insiders account for 4 buy filings and 4 sell filings as of May 2026. Its highest-significance filing in the last 90 days: Director Grossman Jerrold B bought $100K, transaction dated May 2026.

8 filings analyzed · Latest 2026-05-28

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Buys
4
Sells
4
Insiders
4
Direction
Neutral

ADMA BIOLOGICS, INC. leadership

CEO
Adam S. Grossman — Chief Executive Officer
CFO
Paul Terence Kohler Jr. — Chief Financial Officer
COO
Kaitlin M. Kestenberg — Chief Operating Officer and Senior Vice President, Compliance
Chair
Steven A. Elms — Chairman of the Board

Historically, medium-priority insider buys have outperformed the S&P 500 by a median ~1% over the 30 days after the trade — the edge is concentrated in that first month (n ≈ 7,162, 2024-2026). Past results don't predict the future. How we measure this ↗

May 2026
2026-05-28
medium
6,400 shares
$50,624
@ $7.91
Significance 4

Director Jerrold B Grossman buys 6,400 ADMA shares at $7.91; stock down -64.6% from 52-week high of $22.37

Jerrold B Grossman, a director, purchased 6,400 shares at $7.91 on 2026-05-27, increasing his holdings to 520,284 shares. This occurs as ADMA trades at $7.93, representing a significant decline of -64.6% from the 52-week high of $22.37 and a 90-day decline of -49.1%. Grossman's cross-ticker track record shows mixed results: his 3 prior buys averaged -1.1% returns over 90 days with a 0.00% win rate, while his same-ticker history at ADMA includes two recent purchases (2026-05-12 and 2026-05-11) that each returned -1.1% over 90 days. The company's fundamentals remain solid with revenue of $114,493,000.00, net income of $45,328,000.00, a P/E of 11.17, and annual revenue growth of +19.6%, but the substantial stock price decline raises questions about market confidence despite operational performance.

2026-05-14
high
12,500 shares
$100,125
@ $8.01
Significance 7

ADMA Biologics director Grossman buys 12,500 shares in 3rd open-market purchase at ADMA in under 3 years, adding to position near 52-week lows

Director Jerrold B. Grossman made his third open-market purchase of ADMA Biologics shares in the 36-month window, acquiring 12,500 shares and expanding his direct stake from roughly 501,000 to nearly 514,000 shares. The stock is trading sharply below its 52-week high and near its 52-week low, having declined substantially over both the past month and the past three months — meaning Grossman is stepping into meaningful recent weakness. ADMA Biologics is a profitable company with growing annual revenue, and its valuation appears modest relative to its earnings, which provides some fundamental backdrop for a director's open-market commitment. Grossman's same-ticker track record shows mixed results: his one evaluated prior buy at this stock was well-timed at both the 30-day and 90-day marks, while his one evaluated prior sell was poorly timed — the stock rose significantly in the months that followed. Taken together, the director is a repeat open-market buyer at this company whose single evaluated prior buy produced a positive outcome, though his selling record at this ticker has been less accurate, making the overall track record mixed.

2026-05-12
high
12,500 shares
$100,125
@ $8.01
Significance 5

Director Jerrold B Grossman purchases 12,500 ADMA shares at $8.01 as stock trades well below 52-week highs amid broad decline.

Jerrold B Grossman, a director of ADMA Biologics, purchased a substantial position of 12,500 shares at prices near the 52-week low, following a sharp stock decline. This marks his second open-market purchase in the past three years, adding to prior buying activity. The timing is contrarian—he is buying into weakness at a point where the stock has fallen sharply from its 52-week high. However, his track record offers a cautionary note: his most recent prior sale in this stock was poorly timed, as the stock rose significantly afterward, suggesting limited accuracy in read ng the company's trajectory. ADMA remains a profitable company with growing revenue, yet the director's purchase arrives during an extended pullback, buying shares at depressed levels rather than at prior peaks.

March 2026
2026-03-09
medium
14,000 shares
$217,420
@ $15.53
Significance 6

Director Steve Elms buys 14,000 shares (2 transactions, $217.4K) at $15.67 and $15.39, near 52-week low amid -20.2% 90-day decline.

Director Steve Elms purchased 14,000 shares across 2 separate transactions totaling $217,420.00, with a blended average price of $15.53. The purchases occur as ADMA trades near the lower end of its 52-week range ($13.99–$24.51), down 35.5% from the 52-week high and down 20.2% over the past 90 days. Elms' prior open-market trading shows 1 prior buy with a 100% 90-day win rate (+5.3% return), though his cross-ticker sell history has been less favorably timed (37.50% well-timed rate). At the same ticker, Elms' 5 prior trades (all sales) show a 3 of 5 pattern of well-timed exits, with recent June 2025 sales capturing declines. This buy adds 14,000 shares to his post-transaction total of 2,045,730 shares, a 0.7% increase in holdings. The company's fundamentals remain solid—$134.2M latest quarterly revenue, net income of $36.4M, +19.6% annual revenue growth, and a P/E of 23.60—providing a backdrop for the purchase decision at depressed prices.

June 2025
2025-06-16
high
ELMS STEVE Sell
425,621 shares
$8,829,333
@ $20.74
Significance 7

Director Steve Elms sold 425,621 shares of ADMA for $8,829,333.47 across 3 days, reducing holdings 83%

Director Steve Elms executed 3 separate sales totaling 425,621 shares for $8,829,333.47 over a three-day window (June 12–16, 2025), with prices ranging from $20.24 to $21.69 and a blended average of $20.74. This sale reduced his holdings from 512,951 shares to 87,330 shares, a -83.0% reduction in his stake. The timing is notable: his prior 5 sales at ADMA (March 2024) all resulted in 90-day gains of +69.1% to +79.4%, meaning the stock rose significantly after each prior sale—a pattern of poorly-timed exits. His cross-ticker track record shows 5 prior sells with a 0.00% well-timed rate (no negative post-sale returns observed), reinforcing a pattern where subsequent price appreciation has followed his sales. The company's current fundamentals are strong (P/E of 23.45, +65.2% annual revenue growth, $26.9M net income in the latest quarter), and the stock is trading near its 52-week high at $20.40, only -16.8% below the $24.51 peak. The scale and speed of this divestment—83% of his prior position—stands in contrast to the company's solid operational performance.

August 2024
2024-08-30
medium
136,861 shares
$2,363,932
@ $17.27
Significance 4

Director Grossman sells 136.9K ADMA shares at $17.27, reducing stake to 467.3K shares; stock up 41% in 30 days.

Director Jerrold B Grossman sold 136,861 shares at $17.27, representing a 22.7% reduction in his stake from 604,166 to 467,305 shares. The sale occurred as ADMA's stock has appreciated significantly—up 41.0% in the prior 30 days and 81.3% over 90 days—though the price remains 5.9% below its 52-week high of $18.40. Historically, Grossman's prior transaction at this ticker (a buy on 2023-08-30) achieved a 90-day return of +0.3%, marking one of one well-timed buys at ADMA. The company shows strong near-term revenue growth (+67.6% annual) and a recent profitable quarter ($32.1M net income), though it carried negative full-year net income historically. The elevated P/E of 115.40 and current momentum warrant focus on whether the stock's sharp gains represent sustainable value or timing-driven appreciation.

2024-08-27
medium
President and CEO
626,245 shares
$10,923,987
@ $17.44
Significance 4

CEO Adam S Grossman sold 236,889 shares of ADMA at $17.69 on 2024-08-26 for $4,191,087.57.

CEO Adam S Grossman executed a sale of 236,889 shares at $17.69, reducing his holdings from 2,685,971 shares to 2,449,082 shares—a reduction of 8.8% of his pre-transaction stake. The transaction generated $4,191,087.57 in proceeds. While the sale represents a material reduction in his proportional ownership, the CEO retained 2.45M shares post-transaction, indicating a continued substantial equity stake in the company. The data reflects a discrete insider transaction; without additional context regarding whether this sale was scheduled under a 10b5-1 plan, discretionary market conditions, or other factors, the filing itself provides the transaction fact but not the underlying motivation.

2024-08-27
high
KWON YOUNG Sell
60,000 shares
$1,095,600
@ $18.26
Significance 6

Director Kwon Young sold 60,000 shares of ADMA at $18.26 on 2024-08-23, reducing stake by 19.9% to 241,441 shares.

Director Kwon Young executed a substantial sale of 60,000 shares at $18.26, representing a 19.9% reduction in holdings and totaling $1,095,600.00. The transaction occurred near the stock's 52-week high of $18.40, where ADMA has rallied 31.8% over the preceding 30 days and 84.6% over 90 days. However, the company's fundamentals present a mixed picture: while revenue reached $107,191,000.00 with net income of $32,062,000.00 in the latest quarter and annual revenue growth accelerated to 67.6%, the full fiscal year remains unprofitable with a P/E of 115.67 reflecting elevated valuation expectations. This substantial directed sale during a sharp price recovery warrants investor attention regarding insider perspective on current valuations relative to operational profitability.

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