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EdgarHawk

Hasnain Faheem

President & CEO

Director Officer
1 filing analyzed · 1 company · Latest 2024-06-24

Companies

Company Buys Sells Direction
Gossamer Bio, Inc. GOSS 1 0 Net buying

Activity

June 2024
2024-06-24 Gossamer Bio, Inc. GOSS
high
Buy
372,000 shares
$250,282
Significance 7/10

Hasnain Faheem (CEO) bought 372,000 GOSS shares at $0.67; cluster pattern with 2 other insiders also buying within 14 days

CEO Hasnain Faheem purchased 372,000 shares (372.0K shares) at $0.67, increasing his holdings from 5,036,073 shares to 5,408,073 shares (+7.4% increase). The company is unprofitable with a net income of $-41,928,000.00, and the stock trades at $0.83, down 54.4% from its 52-week high of $1.82 but up 33.9% over the past 30 days. This buy occurs within a cluster pattern: 2 other insiders also purchased shares within the past 14 days. Faheem's cross-ticker insider history shows 1 prior buy with an average 90-day return of +100.6% (100% win rate), though that track record spans multiple companies and may not reflect outcomes specific to GOSS. The filing warrants examination of whether the CEO's purchase reflects information about turnaround potential or is a routine holding consolidation.

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