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Company Analysis

ARDX Insider Trading

Ardelyx Inc. | Pharmaceutical Preparations

Comprehensive Trading Performance Summary

The investment history of corporate insiders at Ardelyx Inc. provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the Pharmaceutical Preparations sector.

Transactions on Chart

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Filing Date Trade Date Reporting Person Relationship Type Price Qty Total, $ Owned After Change, %
2024-05-23 23:10 2024-05-21 GRAMMER ELIZABETH A Officer - See Remarks SELL $7.81 6,927 $54,107 199,469 -3.4%
2024-05-16 01:15 2024-05-14 RAAB MICHAEL Director, Officer - President & CEO SELL $7.99 3,000 $23,970 1,307,933 -0.2%
2024-05-09 23:03 2024-05-06 Felsch Robert Ora Officer - See Remarks OPT+S $8.81 207,988 $1,831,501 95,947 0.0%
2024-05-09 23:03 2024-05-06 GRAMMER ELIZABETH A Officer - See Remarks OPT+S $8.88 284,170 $2,522,208 203,760 0.0%
2024-05-07 23:48 2024-05-03 Williams Laura A Officer - Chief Medical Officer OPT+S $8.35 39,949 $333,574 370,189 0.0%
2024-05-08 01:24 2024-05-03 GRAMMER ELIZABETH A Officer - See Remarks SELL $9.00 45,000 $405,000 267,993 -14.4%
2024-05-02 02:59 2024-04-29 RAAB MICHAEL Director, Officer - President & CEO OPT+S $6.40 30,000 $192,057 1,310,933 0.0%
2024-04-17 23:20 2024-04-15 RAAB MICHAEL Director, Officer - President & CEO SELL $7.06 7,500 $52,924 1,310,933 -0.6%
2024-04-02 23:05 2024-04-01 RAAB MICHAEL Director, Officer - President & CEO SELL $7.31 1,518 $11,097 1,318,433 -0.1%
2024-03-22 23:42 2024-03-20 GRAMMER ELIZABETH A Officer - See Remarks SELL $7.73 86,000 $664,978 312,993 -21.6%
2024-02-29 02:57 2024-02-26 Rosenbaum David P. Officer - Chief Development Officer SELL $9.20 5,183 $47,684 175,936 -2.9%
2024-02-23 02:30 2024-02-20 Rosenbaum David P. Officer - Chief Development Officer SELL $8.75 7,311 $63,944 181,119 -3.9%
2024-02-23 01:01 2024-02-20 Renz Justin A Officer - Chief Financial Officer SELL $8.75 5,341 $46,714 304,835 -1.7%
2024-02-23 00:58 2024-02-20 Blanks Robert Officer - See Remarks SELL $8.75 5,017 $43,880 368,186 -1.3%
2024-02-23 00:56 2024-02-20 Rodriguez Susan Officer - Chief Commercial Officer SELL $8.75 6,928 $60,594 452,795 -1.5%
2024-02-23 00:56 2024-02-20 Felsch Robert Ora Officer - See Remarks SELL $8.75 2,352 $20,571 184,834 -1.3%
2024-02-23 00:56 2024-02-20 Williams Laura A Officer - Chief Medical Officer SELL $8.75 4,803 $42,008 380,138 -1.2%
2024-02-23 00:58 2024-02-20 RAAB MICHAEL Director, Officer - President & CEO SELL $8.75 22,917 $200,439 1,319,951 -1.7%
2024-02-23 00:57 2024-02-20 GRAMMER ELIZABETH A Officer - See Remarks SELL $8.75 4,432 $38,764 398,993 -1.1%
2024-02-10 00:14 2024-02-08 Rosenbaum David P. Officer - Chief Development Officer SELL $9.18 15,344 $140,846 384,002 -3.8%
2024-01-11 01:36 2024-01-08 Rosenbaum David P. Officer - Chief Development Officer SELL $6.64 30,000 $199,200 286,596 -9.5%
2023-12-29 01:44 2023-12-26 Renz Justin A Officer - Chief Financial Officer OPT+S $6.36 225,000 $1,430,123 182,426 0.0%
2023-12-21 00:49 2023-12-18 Rosenbaum David P. Officer - Chief Development Officer SELL $6.07 5,675 $34,447 316,596 -1.8%
2023-12-16 02:13 2023-12-14 Rosenbaum David P. Officer - Chief Development Officer SELL $5.55 7,000 $38,850 322,271 -2.1%
2023-12-14 01:44 2023-12-11 GRAMMER ELIZABETH A Officer - See Remarks SELL $5.08 50,000 $253,925 275,675 -15.4%
2023-12-09 01:58 2023-12-08 Rosenbaum David P. Officer - Chief Development Officer SELL $5.27 20,000 $105,476 329,271 -5.7%
2023-12-07 00:49 2023-12-05 Rosenbaum David P. Officer - Chief Development Officer SELL $5.00 10,272 $51,360 349,271 -2.9%
2023-12-02 00:47 2023-11-30 Rosenbaum David P. Officer - Chief Development Officer SELL $4.50 3,000 $13,500 359,543 -0.8%
2023-11-23 01:22 2023-11-20 Williams Laura A Officer - Chief Medical Officer SELL $4.36 2,581 $11,259 266,191 -1.0%
2023-11-23 01:21 2023-11-20 Rosenbaum David P. Officer - Chief Development Officer SELL $4.36 3,767 $16,432 113,293 -3.2%
2023-11-23 01:20 2023-11-20 Rodriguez Susan Officer - Chief Commercial Officer SELL $4.36 4,714 $20,563 346,973 -1.3%
2023-11-23 01:20 2023-11-20 Renz Justin A Officer - Chief Financial Officer SELL $4.36 2,873 $12,533 332,426 -0.9%
2023-11-23 01:18 2023-11-20 Felsch Robert Ora Officer - See Remarks SELL $4.36 1,044 $4,554 117,066 -0.9%
2023-11-23 01:17 2023-11-20 Blanks Robert Officer - See Remarks SELL $4.36 2,835 $12,367 260,453 -1.1%
2023-11-23 01:19 2023-11-20 RAAB MICHAEL Director, Officer - President & CEO SELL $4.36 11,368 $49,589 867,868 -1.3%
2023-11-23 01:19 2023-11-20 GRAMMER ELIZABETH A Officer - See Remarks SELL $4.36 2,384 $10,399 325,675 -0.7%
2023-11-18 01:30 2023-11-15 Williams Laura A Officer - Chief Medical Officer SELL $4.00 25,000 $99,998 266,839 -8.6%
2023-10-13 00:09 2023-10-10 Rosenbaum David P. Officer - Chief Development Officer SELL $4.00 1,644 $6,576 365,378 -0.4%
2023-09-13 00:24 2023-09-08 Rosenbaum David P. Officer - Chief Development Officer SELL $4.55 2,897 $13,181 367,022 -0.8%
2023-08-23 23:48 2023-08-21 Rodriguez Susan Officer - Chief Commercial Officer SELL $3.55 4,733 $16,811 348,687 -1.3%
2023-08-23 23:46 2023-08-21 Williams Laura A Officer - Chief Medical Officer SELL $3.55 2,591 $9,203 291,839 -0.9%
2023-08-23 23:45 2023-08-21 Rosenbaum David P. Officer - Chief Development Officer SELL $3.55 3,783 $13,436 111,225 -3.3%
2023-08-23 23:42 2023-08-21 Renz Justin A Officer - Chief Financial Officer SELL $3.55 2,884 $10,243 333,849 -0.9%
2023-08-23 23:38 2023-08-21 Felsch Robert Ora Officer - See Remarks SELL $3.55 1,048 $3,722 115,110 -0.9%
2023-08-23 23:36 2023-08-21 Blanks Robert Officer - See Remarks SELL $3.55 2,846 $10,108 263,288 -1.1%
2023-08-23 23:41 2023-08-21 RAAB MICHAEL Director, Officer - President & CEO SELL $3.55 11,419 $40,558 876,236 -1.3%
2023-08-23 23:39 2023-08-21 GRAMMER ELIZABETH A Officer - See Remarks SELL $3.55 2,392 $8,496 328,059 -0.7%
2023-06-30 02:22 2023-06-27 Williams Laura A Officer - Chief Medical Officer SELL $3.35 25,000 $83,633 294,430 -7.8%
2023-06-28 01:40 2023-06-23 Blanks Robert Officer - See Remarks OPT+S $3.63 33,333 $121,042 266,134 0.0%
2023-05-25 15:55 2023-05-23 Felsch Robert Ora Officer - See Remarks SELL $3.65 1,046 $3,821 116,158 -0.9%
SHOW ENTRIES

How to Interpret $ARDX Trades

Not every insider transaction in Ardelyx Inc. is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $ARDX shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.

Data Source & Accuracy for ARDX

Insider activity data for Ardelyx Inc. is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $ARDX, allowing you to follow the capital of those with the most intimate knowledge of the company.

UNDERSTANDING THE DATA

FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.

TRADE DATE: The actual day the insider executed the purchase or sale in the market.

INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.

OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.

CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.

TRADE TYPES DEFINITIONS

BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.

SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.

OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.