CFO of $FBLG Makes Insider Purchase of 70,000 Shares

On March 2, 2026, Jason Davis, the Chief Financial Officer of $FBLG, made a significant insider purchase by buying 70,000 shares of the company for an estimated $28,973. The acquisition, revealed through a recent SEC filing and reported by Quiver Quantitative, increased his stake in this class of stock substantially. Following this transaction, Davis now holds a total of 70,000 shares of $FBLG stock.

$FBLG Insider Trading Activity Overview

Over the past six months, $FBLG insiders have actively traded the company’s stock on the open market three times. All three transactions were purchases, with no sales reported during this period. Ruben A Garcia, the General Counsel of $FBLG, conducted two buy transactions, acquiring a total of 180,000 shares for an estimated $60,656. Jason Davis’s recent purchase of 70,000 shares, costing $28,973, further underlines insider confidence in $FBLG.

Monitoring Insider Transactions

For those interested in tracking insider transactions like the ones discussed above, Quiver Quantitative provides an insider trading dashboard that offers comprehensive details on such activities. This tool enables investors to stay informed about insider moves within the companies they are following and make data-driven decisions.

$FBLG Hedge Fund Activity

In the latest quarter, 14 institutional investors opted to add shares of $FBLG to their portfolios, while 34 reduced their positions in the company. Some notable changes in hedge fund activity include Yorkville Advisors Global, LP, Landscape Capital Management, L.L.C., GTS Securities LLC, and Citadel Advisors LLC, which all unburdened themselves of significant amounts of $FBLG shares. Conversely, Renaissance Technologies LLC saw a substantial increase in their holdings by adding 171,800 shares, reflecting a positive sentiment towards the stock.

Analyzing Analyst Ratings for $FBLG

Wall Street analysts have issued reports on $FBLG in recent months, with two firms issuing buy ratings on the stock and none issuing sell ratings. D. Boral Capital and HC Wainwright & Co. both provided buy ratings on 01/06/2026 and 01/02/2026, respectively. These ratings reflect analyst optimism surrounding $FBLG and its potential for growth.

Examining Price Targets for $FBLG

Multiple analysts have set price targets for $FBLG in the past six months, with a median target of $5.5. Among the recent targets, Matthew Caufield from HC Wainwright & Co. established a target price of $4.0 on 02/26/2026, while Jason Kolbert from D. Boral Capital set a higher target of $7.0 on 02/25/2026. These price targets provide investors with insights into the potential valuation of $FBLG stock in the near future.

Disclaimer

It is essential to note that this article does not constitute financial advice. Readers are encouraged to refer to Quiver Quantitative’s disclaimers for further information before making any investment decisions based on the information provided.