Neonc Technologies President Buys 20,000 Shares

Insider purchase represents 0.67% increase in ownership stake

Apr. 7, 2026 at 8:36am

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A close-up, cinematic view of precision medical equipment and machinery, such as syringes, vials, and other lab instruments, all in shades of silver, steel, and glass, conveying a sense of scientific innovation and the serious nature of the pharmaceutical industry.An insider's purchase of Neonc Technologies stock suggests confidence in the company's cutting-edge medical research and development.Los Angeles Today

Neonc Technologies Holdings, Inc. (NASDAQ:NTHI) President Amir Heshmatpour acquired 20,000 shares of the company's stock in a transaction on Thursday, April 2nd. The shares were purchased at an average cost of $6.09 per share, for a total value of $121,800. Following the transaction, Heshmatpour now owns 3,012,000 shares of the company, valued at approximately $18,343,080.

Why it matters

Insider buying can be seen as a positive signal, as it suggests the company's leadership has confidence in the business and its future prospects. This purchase represents a 0.67% increase in Heshmatpour's ownership stake, indicating his belief in the company's potential.

The details

The stock purchase was disclosed in a filing with the SEC. Neonc Technologies is a biopharmaceutical company developing novel molecular technologies for treating central nervous system diseases, including glioblastoma and other conditions.

  • The transaction took place on Thursday, April 2nd, 2026.

The players

Amir Heshmatpour

President of Neonc Technologies Holdings, Inc.

Neonc Technologies Holdings, Inc.

A biopharmaceutical company developing novel molecular technologies for treating central nervous system diseases.

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What’s next

Investors will likely be watching to see if Heshmatpour or other Neonc Technologies insiders make additional purchases, which could signal continued confidence in the company's prospects.

The takeaway

Insider buying, especially by a company's president, can be a positive sign for investors as it suggests the leadership team believes the stock is undervalued. This purchase by Heshmatpour represents a meaningful increase in his ownership stake and could indicate his belief in Neonc Technologies' long-term potential.