 Triple Signal: On Holding AG Top Management Synchronously Bought Shares Worth $6.6 Million Analyzing insider purchases from May 15. Yesterday provided a rare pattern—when several key company executives simultaneously buy on the open market. What Happened Three top managers of On Holding AG (ticker: ONON), the manufacturer of On Running sneakers, each bought 60,000 shares at $36.64 on May 14: • Caspar Felix Coppetti (Co-CEO) — $2.2 million • David Michael Allemann (Co-CEO) — $2.2 million • Olivier Bernhard (Exec Officer) — $2.2 million Total — $6.6 million. All three are founders and key figures of the company. These are not options or grants—direct market purchases with their own money. Why This Matters A triple signal from management is one of the strongest bullish indicators in insider trading analysis. When multiple top executives simultaneously buy more, it means: — Unified vision of the company's prospects — No fear of the current market price — Belief in fundamental metrics Context UBS confirmed a Buy rating on ONON with a target of $85 (+130% from the insider purchase price). Strong sales trends. The Q1 2026 report showed solid growth. Other Major Purchases of the Day • Genedx Holdings (WGS) — Director Keith Meister bought $13.7 million at $39.19 (+7% of stake) • Pulse Biosciences (PLSE) — Robert Duggan bought $13 million at $19.69 • Alpha Metallurgical (AMR) — Director bought $2.8 million at $189.22 Conclusion ONON is the most interesting signal of the day. Triple purchase by founders + analyst support + strong brand. I will follow the development. → https://asibiont.com/