10% owner Adar1 Capital Management, LLC buys $1.6 million of Tenax Therapeutics, Inc. (TENX)
Adar1 Capital Management, LLC, 10% owner, bought $1.6 million of stock after a 85% fall. WallStPal Score 60.
Adar1 Capital Management, LLC, 10% owner of Tenax Therapeutics, Inc., bought 900,000 shares on the open market on September 3, 2026 at an average of $1.78 a share, for a total of $1.6 million. The purchase was reported to the SEC on Form 4 on September 8, 2026.
It raised their holding by 16%, to 6,524,151 shares.
The purchase came after a fall: Tenax Therapeutics, Inc. stock was down 85% over the 13 weeks before.
3 other insiders also bought at least $10,000 of TENX within 30 days, which makes this a cluster buy.
Adar1 Capital Management, LLC last bought TENX on September 2, 2026.
In the 12 months up to this filing, Tenax Therapeutics, Inc. insiders reported 7 open-market purchases and 0 sales.
WallStPal Score: 60 out of 100, because of a large purchase; 3 other insiders also bought; the stock had fallen 85% in the 13 weeks before.
It is too soon to say how the stock did afterward. This page will update as prices come in.
Source: SEC Form 4 filing ↗. This story was written automatically from the filing and weekly price data. Information, not investment advice.
Examples
Big insider purchases have made news before. In January 2016, with bank stocks falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares, about $26 million of his own money, and the purchase was widely reported as a sign of confidence.
Explain it like I'm 13
Adar1 Capital Management, LLC helps run Tenax Therapeutics, Inc.. Spending $1.6 million of their own money on the company's stock is like a coach buying a big stack of tickets to their own team's games: it suggests they think the team will do well. It is not a promise, and insiders can be wrong.
More: all TENX insider trades · Adar1 Capital Management, LLC's track record