IPX IPERIONX Ltd

BULLISH Impact: 5/10 Insider Cluster (2 insiders)
Horizon weeks Filed Apr 28, 2026 Processed 1mo ago
Insider cluster: 2 insiders, $1.5M total
Latest settled — T+20d ⚠ clustered
IPX ▲ +26.79% at T+20d
LONG call ✓ call won +26.79% · α vs SPY +21.32% · entry $30.72 → $38.95
Next anchor: T+60d in 6w
Currently $36.05 · +17.35% from $30.72 entry
Entry anchored
Apr 27, 05:02 PM ET
via Databento tick
T+1d
-5.44%
call -5.44% · α -5.43%
$29.05
settled 7w ago
T+5d
+9.02%
call +9.02% · α +7.33%
$33.49
settled 6w ago
T+20d
+26.79%
call +26.79% · α +21.32%
$38.95
settled 18d ago
T+60d
call — · α —
in 6w

Price Chart

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Executive Summary

Executive Chairman Todd Hannigan and CEO Anastasios Arima made open-market purchases totaling $1.48M in IPX over two days, with Hannigan buying 260,000 shares on April 29 and 220,000 shares on April 28, and Arima buying 110,000 shares on April 28. This represents approximately 0.15% of the company's $986M market cap, a modest but notable insider buying cluster that signals confidence in the company's prospects ahead of potential catalysts.

Key Financial Metrics

Direction
buying
Total Value
$2.6M
Insiders
2

Actionable Insight

The concentrated insider buying by both the Executive Chairman and CEO within a two-day window is a strong bullish signal. Monitor for upcoming news catalysts (earnings, contract wins, or operational milestones) that may have prompted this buying. The historical performance on IPX shows strong positive follow-through on prior reports, but the calibration data suggests scores of 5-6 have only ~29% win rates — so while the direction is clear, the magnitude of the move may be modest. Consider accumulating on dips.

Key Facts

  • Executive Chairman Todd Hannigan purchased 260,000 shares at $4.1991 on April 29 and 220,000 shares at $4.4819 on April 28, totaling $2.08M across both days
  • CEO Anastasios Arima purchased 110,000 shares at $4.4875 on April 28, totaling $493,625
  • Total cluster value is $2.57M (including April 29 purchase), representing ~0.26% of market cap
  • Both insiders are top executives (Executive Chairman and CEO), increasing the signal strength
  • Prior 30-day insider activity showed 3 buys totaling $2.6M, indicating sustained insider buying

Financial Impact

Insider purchases totaling $2.57M, or ~0.26% of market cap

insider ownershipmarket sentiment

Risk Factors

  • Insider buying at 0.26% of market cap is modest and may not be a strong enough signal to move the stock significantly
  • Historical calibration shows scores of 5-6 have only 29% observed win rate at T+20, suggesting limited upside from this signal alone
  • No specific catalyst identified — buying could be based on long-term conviction rather than near-term event

Market Snapshot

Exchange
Nasdaq
Sector
Miscellaneous Metal Ores
Analyst Consensus
83% bullish (6 analysts)

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-IPX-1777549137225
11 reports for IPX
Performance horizon
67% Hit rate 4 of 6 directional calls best @ T+20▲ +41.04%Mar 27, 2026
Filters
Rows
Reports for IPX — sortable, filterable
Type Now
Jun 10, 2026
2d ago
6-K
BULLISH ★ 7/10
$34.17 awaiting T+1awaiting T+1$36.05 (+5.50%)
Jun 4, 2026
9d ago
6-K
BULLISH ★ 7/10
$40.29 $35.22▼ −12.58%▼ −9.99%$36.05 (−10.52%)
Jun 1, 2026
11d ago
6-K
BULLISH ★ 7/10
$44.57 $44.00▼ −1.28%▼ −1.42%$36.05 (−19.12%)
May 21, 2026
23d ago
Press Release
BULLISH ★ 6/10
$36.15 $37.62▲ +4.07%▲ +3.62%$36.05 (−0.28%)
May 21, 2026
23d ago
6-K
BULLISH ★ 7/10
$36.15 $37.62▲ +4.07%▲ +3.62%$36.05 (−0.28%)
Apr 28, 2026
6w ago
6-K
NEUTRAL ★ 1/10
$30.72 $29.05▼ −5.44%▼ −5.43%$36.05 (+17.35%)
Apr 28, 2026
6w ago
Insider Cluster
BULLISH ★ 6/10
$30.72 $29.05▼ −5.44%▼ −5.43%$36.05 (+17.35%)
Apr 28, 2026
6w ago
Insider Cluster
BULLISH ★ 5/10
$30.72 $29.05▼ −5.44%▼ −5.43%$36.05 (+17.35%)
Apr 27, 2026
6w ago
Press Release
NEUTRAL ★ 4/10
$32.65 $30.72▼ −5.91%▼ −5.43%$36.05 (+10.41%)
Apr 27, 2026
6w ago
6-K
NEUTRAL ★ 4/10
$32.65 $30.72▼ −5.91%▼ −5.43%$36.05 (+10.41%)
Showing 10 of 11

US Market Status

Market Closed — Opens Mon (48h 49m)

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