APGE Apogee Therapeutics, Inc.

NEUTRAL Impact: 3/10 Insider Cluster (2 insiders)
Horizon days Filed May 16, 2026 Processed 1mo ago
Insider cluster: 2 insiders, $1.8M total
Latest settled — T+5d
APGE ▲ +5.16% at T+5d
NEUTRAL call ✓ call won +5.16% · α vs SPY +3.54% · entry $78.75 → $82.81
Next anchor: T+20d in 2h
Last close $88.33 (close Jun 12) · +12.17% from $78.75 entry
Entry anchored
May 15, 2026
via day open
T+1d
-0.61%
call -0.61% · α +0.04%
$78.27
settled 28d ago
T+5d
+5.16%
call +5.16% · α +3.54%
$82.81
settled 24d ago
T+20d
call — · α —
in 2h
T+60d
call — · α —
in 8w

Price Chart

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Executive Summary

CEO Michael Thomas Henderson sold $1.53M worth of APGE stock on May 13, 2026, and CMO Carl Dambkowski sold $311K on May 6, totaling $1.84M in insider sales. This cluster follows the company's Q1 2026 earnings release (net loss widened to $74.1M) and a $403M public offering. The sales represent ~0.03% of APGE's $6.3B market cap, a trivial amount, and are likely liquidity-driven post-offering rather than signaling bearish conviction.

Key Financial Metrics

Direction
selling
Total Value
$1.8M
Insiders
2

Actionable Insight

The insider sales are too small to be informative. Monitor for any insider buying or material pipeline catalysts (APEX Phase 2 data) that could move the stock. The strong cash runway and bullish analyst consensus suggest the recent offering was well-received.

Key Facts

  • CEO Henderson sold 18,659 shares at $82.05 for $1.53M on May 13, 2026.
  • CMO Dambkowski sold 3,700 shares at $83.92 for $311K on May 6, 2026.
  • Total insider sales of $1.84M represent ~0.03% of APGE's $6.3B market cap.
  • Sales occurred 2-9 days after Q1 2026 earnings (net loss $74.1M, wider than $55.3M YoY) and a $403M public offering.
  • APGE has a strong cash position of $1.3B, extending runway into 2029.
  • Analyst consensus is 83% bullish (19 Buy/10 Strong Buy, 4 Hold).

Financial Impact

Insider sales of $1.84M are trivial relative to $6.3B market cap (0.03%). No material financial impact.

dilution

Risk Factors

  • Widening net loss trajectory (Q1 2026 loss of $74.1M vs. $55.3M YoY) could pressure cash burn if pipeline milestones are delayed.
  • Potential for further dilutive offerings if cash needs increase beyond 2029 runway.
  • Insider selling pattern, while small, may continue post-offering.

Market Snapshot

Exchange
Nasdaq
Sector
Biological Products, (No Diagnostic Substances)
Analyst Consensus
83% bullish (23 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-APGE-1778889642156
19 reports for APGE
Performance horizon
70% Hit rate 7 of 10 directional calls best @ T+20▲ +14.66%Mar 23, 2026
Filters
Rows
Reports for APGE — sortable, filterable
Type Now
May 27, 2026
18d ago
8-K
BULLISH ★ 7/10
$77.75 $78.71▲ +1.23%▲ +0.03%$88.33 (+13.61%)
May 27, 2026
18d ago
8-K
BULLISH ★ 7/10
$77.75 $78.71▲ +1.23%▲ +0.03%$88.33 (+13.61%)
May 27, 2026
18d ago
Press Release
BULLISH ★ 7/10
$77.75 $78.71▲ +1.23%▲ +0.03%$88.33 (+13.61%)
May 27, 2026
18d ago
Press Release
BULLISH ★ 8/10
$77.75 $78.71▲ +1.23%▲ +0.03%$88.33 (+13.61%)
May 26, 2026
19d ago
Press Release
NEUTRAL ★ 6/10
$77.75 $78.71▲ +1.23%▲ +0.03%$88.33 (+13.61%)
May 16, 2026
4w ago
Insider Cluster
NEUTRAL ★ 3/10
$78.75 $82.81▲ +5.16%▲ +3.54%$88.33 (+12.17%)
May 13, 2026
4w ago
144
NEUTRAL ★ 2/10
$83.94 $81.39▼ −3.04%▼ −2.90%$88.33 (+5.23%)
May 11, 2026
4w ago
8-K
BULLISH ★ 7/10
$84.60 $78.75▼ −6.91%▼ −6.83%$88.33 (+4.41%)
May 11, 2026
4w ago
Press Release
BULLISH ★ 7/10
$84.60 $78.75▼ −6.91%▼ −6.83%$88.33 (+4.41%)
May 1, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$80.75 $83.03▲ +2.82%▲ +0.48%$88.33 (+9.39%)
Showing 10 of 19

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