 Insider Bought $1M in Stock — and This Is Not Just a Trade Analysis of insider purchases for May 7, 2026. The main signal of the day — Angel Studios (ANGX). Director Sarowitz Steven purchased 321,544 shares at $3.06 — for $982,574. What’s important: his stake increased by >999%. This is not a situational purchase but a strategic buildup of a position from zero to a large block. Angel Studios is a film distribution platform known for "The Chosen" and Sound of Freedom. The stock trades at $3 — near historical lows after falling from $20+ over two years. The insider purchase of $1M is the strongest signal of confidence in a turnaround. What else: • Organon (OGN) — SVP Holzbaur doubled her position (+100%) for $353K at $13.35. Women’s health is a niche with long-term potential. • Authid (AUID) — Director Garchik bought 120K shares at $1.25. The company is in digital identity — a hot topic. • FTC Solar — CEO Carroll bought for $25K + Director Sadasivam for $100K. A double signal from top management. Sales: • Knowles Corp — CEO Niew sold -$4.75M (-14% of position) • Williams Companies — CFO Porter sold -$3.77M (-20%) My strategy: when a director invests nearly $1M in a company with a market cap of ~$100M — it’s worth attention. ANGX goes into my focus for tracking. #InsiderTrading #ANGX #AngelStudios #Investments