Insider buying can signal confidence when executives and major shareholders put their own money on the line. While not foolproof, these transactions offer a window into how those closest to a company view its prospects. This past week saw significant insider activity across five stocks, with purchases ranging from $8 million to $100 million.
Soho House: $100 Million Merger-Related Purchase
Soho House & Co. (NYSE: SHCO) saw the largest insider transaction as Momentum Solutions II acquired 11,111,111 shares at $9.00 each for approximately $100 million on January 29, 2026. This purchase coincided with the company’s merger completion with MCR Hospitality Fund IV. The membership platform operator reported Q3 revenue of $370.75 million, up from $333.37 million year-over-year, with 269,606 members. The stock has gained 22% over the past year.
W.R. Berkley: $57 Million Sustained Buying Campaign
W.R. Berkley (NYSE: WRB | WRB Price Prediction) attracted major insider buying from 10% owner Mitsui Sumitomo Insurance, which acquired nearly 8 million shares between December 18, 2025, and February 6, 2026. Recent purchases totaling approximately $57 million occurred at prices ranging from $67.71 to $71.39 per share. The insurance holding company reported Q4 revenue of $3.72 billion and returned $608.3 million to shareholders. Despite quarterly earnings declining 21.9% year-over-year, the company maintained a 21.4% return on equity. Analysts set a consensus target of $68.33, while the stock has gained 17.55% over the past year.
Sonos: $11.6 Million Accumulation Amid Turnaround
Sonos (NASDAQ: SONO) saw major shareholder Coliseum Capital Management acquire 733,073 shares over three days (February 4 to 6, 2026) at prices ranging from $15.50 to $16.49 apiece, totaling approximately $11.6 million. The audio technology company reported fiscal Q4 revenue of $287.90 million, representing 13% year-over-year growth. The buying came as the stock surged 19% in one week following strong earnings. Analysts maintain a consensus target of $19.38, implying further upside.
Other Notable Insider Buying
ProMIS Neurosciences (NASDAQ: PMN) insiders participated in a $175 million private placement that closed on February 3, 2026. CEO Neil Warma, Chief Scientific Officer Neil Cashman, and major shareholder ABG Management acquired shares and warrants at $12.13 per share, with ABG purchasing 700,741 shares worth approximately $8.5 million.
5E Advanced Materials (NASDAQ: FEAM) saw director and 10% owner BEP Special Situations IV purchase 4 million shares at $2.00 on February 2, 2026, totaling $8 million. The pre-revenue boron and lithium developer has struggled, with shares down 75% over the past year.