insider cluster buying

IPX IperionX Limited

as of Friday 24 July 2026 · 62d ago

Trades 10 Jul – 14 Jul · published 24 Jul (9 days after the event) — from Form 4 filings

IPX — 5 insiders bought $2.4M over 4 days

Orin's take

A $2.4M cluster buy by the Executive Chairman and CEO over four days is a strong alignment of leadership conviction with the 61% base-rate win rate and +5.7% median 90-day excess return seen in similar historic clusters.

What would change this read

The signal breaks down if the stock loses the purchase price zone, indicating the insiders' timing may have been wrong or the business environment has deteriorated.

The facts

5 insiders · 6 buys · $2.4M total · Jul 10, 2026–Jul 14, 2026

Insider	Title	Total	Form 4s
Hannigan Todd	Executive Chairman	$1.9M	Form 4
Arima Anastasios	Chief Executive Officer	$497K	Form 4
Tripeny R Tony	—	$0	Form 4
Symonds Toby Edgcumbe	President	$0	Form 4
Martin Lorraine M	—	$0	Form 4

Sources

5 Form 4 filings0001339381-26-000005 0001619437-26-000007 0001742926-26-000003 0001864148-26-000007 0001864247-26-000007

Signals are informational research, not individualized investment advice.