Opaleye Management Inc. has acquired a significant stake in Alpha Cognition Inc. (ACOG), purchasing 95,819 shares on February 23, 2026, for approximately $564,373. The transaction was executed at an average price of $5.89 per share.
This move by Opaleye Management represents a notable increase in their holdings of Alpha Cognition Inc. Insider purchases are often viewed as a signal of confidence in a company's future prospects by those with intimate knowledge of its operations.
The recent activity shows multiple purchases by Opaleye Management Inc. in Alpha Cognition Inc. throughout February 2026, indicating a sustained interest in the company.