Volume Spike + Insider Trade — Insider Activity Around a 3x Volume Day

Updated: Oct 7, 7:38 PM ET

We found 8 stocks with insider buying or selling within ±7 trading days of a volume spike (3x+ the 20-day average).

The biggest spike was LPCN, at 2887.8x its typical volume.

Scheduled events like earnings can also cause volume spikes. This page doesn't yet incorporate news or event data, so it can't pinpoint the exact cause of the spike.

8 companies

LPCN

Lipocine Inc

2887.8x

Volume context (as of 2026-10-07)

Volume: 105,177,665 (20-day avg 36,421)

Open / Close: $2.96 / $2.20

Higuchi John W.
Buy2026-09-30Shares 25,122 (0.0% of that day's volume)5d before
Higuchi John W.
Buy2026-10-01Shares 50,014 (0.0% of that day's volume)4d before
TKLF

Yoshitsu Co Ltd ADR

9.4x

Volume context (as of 2026-10-06)

Volume: 81,156 (20-day avg 8,603)

Open / Close: $1.51 / $1.54

Kanayama Mei
Buy2026-10-01Shares 2,793,510 (3442.1% of that day's volume)3d before

This trade accounts for a large share of that day's volume — it may itself be the cause of the spike, not a separate confirming signal.

VCIG

VCI Global Ltd

7.8x

Volume context (as of 2026-10-05)

Volume: 1,526,715 (20-day avg 195,090)

Open / Close: $1.00 / $0.91

HOO VOON HIM
Buy2026-10-05Shares 386,698 (25.3% of that day's volume)Same day

This trade accounts for a large share of that day's volume — it may itself be the cause of the spike, not a separate confirming signal.

BBD

Banco Bradesco ADR Reptg 1 Pref Shs

4.4x

Volume context (as of 2026-10-05)

Volume: 127,310,554 (20-day avg 29,016,484)

Open / Close: $4.21 / $4.33

Di Marcello Francesco
Buy2026-09-30Shares 114,320 (0.1% of that day's volume)3d before
Alvarez Denise Aguiar
Buy2026-10-05Shares 4,590,000 (3.6% of that day's volume)Same day
LND

BrasilAgro Brazilian Agricultural Real Estate Co ADR

3.4x

Volume context (as of 2026-10-05)

Volume: 180,439 (20-day avg 52,979)

Open / Close: $3.74 / $3.70

Elsztain Alejandro Gustavo
Buy2026-10-05Shares 113,500 (62.9% of that day's volume)Same day

This trade accounts for a large share of that day's volume — it may itself be the cause of the spike, not a separate confirming signal.

SWZ

Swiss Helvetia Closed Fund

3.4x

Volume context (as of 2026-10-05)

Volume: 92,316 (20-day avg 27,206)

Open / Close: $5.74 / $5.76

Dakos Andrew
Buy2026-09-29Shares 40,000 (43.3% of that day's volume)4d before

This trade accounts for a large share of that day's volume — it may itself be the cause of the spike, not a separate confirming signal.

SELL MORITZ A
Buy2026-09-30Shares 4,000 (4.3% of that day's volume)3d before
DLHC

DLH Holdings Corp

3.0x

Volume context (as of 2026-10-05)

Volume: 40,982 (20-day avg 13,512)

Open / Close: $4.03 / $4.08

Mink Brook Asset Management LLC🏢 Institution
Buy2026-09-24Shares 316 (0.8% of that day's volume)7d before
Mink Brook Asset Management LLC🏢 Institution
Buy2026-09-29Shares 120 (0.3% of that day's volume)4d before
Mink Brook Asset Management LLC🏢 Institution
Buy2026-10-02Shares 398,198 (971.6% of that day's volume)1d before

This trade accounts for a large share of that day's volume — it may itself be the cause of the spike, not a separate confirming signal.

FUND

Sprott Focus Trust Closed End Fund

3.0x

Volume context (as of 2026-10-07)

Volume: 50,404 (20-day avg 16,771)

Open / Close: $9.71 / $9.55

Saba Capital Management, L.P.🏢 Institution
Buy2026-09-28Shares 11,512 (22.8% of that day's volume)7d before

This trade accounts for a large share of that day's volume — it may itself be the cause of the spike, not a separate confirming signal.

Saba Capital Management, L.P.🏢 Institution
Buy2026-09-28Shares 3,766 (7.5% of that day's volume)7d before
Rappaport Alan
Buy2026-09-28Shares 11,000 (21.8% of that day's volume)7d before

This trade accounts for a large share of that day's volume — it may itself be the cause of the spike, not a separate confirming signal.

Buchanan Michael Carlton
Buy2026-09-28Shares 10,000 (19.8% of that day's volume)7d before
Dakos Andrew
Buy2026-09-29Shares 40,000 (79.4% of that day's volume)6d before

This trade accounts for a large share of that day's volume — it may itself be the cause of the spike, not a separate confirming signal.

Saba Capital Management, L.P.🏢 Institution
Buy2026-09-29Shares 2,544 (5.0% of that day's volume)6d before
Saba Capital Management, L.P.🏢 Institution
Buy2026-09-29Shares 8,266 (16.4% of that day's volume)6d before
Baird Gordon A
Buy2026-09-30Shares 64 (0.1% of that day's volume)5d before
KAMFAR RAMIN
Buy2026-09-30Shares 851,180 (1688.7% of that day's volume)5d before

This trade accounts for a large share of that day's volume — it may itself be the cause of the spike, not a separate confirming signal.

Ruddy Jordan B.
Buy2026-09-30Shares 9,560 (19.0% of that day's volume)5d before
CLARK CHRISTOPHER D
Buy2026-09-30Shares 2,400 (4.8% of that day's volume)5d before
HADEN PATRICK C
Buy2026-09-30Shares 126,000 (250.0% of that day's volume)5d before

This trade accounts for a large share of that day's volume — it may itself be the cause of the spike, not a separate confirming signal.

SELL MORITZ A
Buy2026-09-30Shares 4,000 (7.9% of that day's volume)5d before
GEORGE W WHITNEY
Buy2026-10-01Shares 363,626 (721.4% of that day's volume)4d before

This trade accounts for a large share of that day's volume — it may itself be the cause of the spike, not a separate confirming signal.

Saba Capital Management, L.P.🏢 Institution
Buy2026-10-01Shares 26,094 (51.8% of that day's volume)4d before

This trade accounts for a large share of that day's volume — it may itself be the cause of the spike, not a separate confirming signal.

Saba Capital Management, L.P.🏢 Institution
Buy2026-10-01Shares 2,476 (4.9% of that day's volume)4d before
CLARK CHRISTOPHER D
Buy2026-10-01Shares 2,000 (4.0% of that day's volume)4d before
Garcia Cuellar Maria Regina
Buy2026-10-02Shares 1,652 (3.3% of that day's volume)3d before
KAMFAR RAMIN
Buy2026-10-05Shares 538,328 (1068.0% of that day's volume)2d before

This trade accounts for a large share of that day's volume — it may itself be the cause of the spike, not a separate confirming signal.

MacDonald Ryan S
Buy2026-10-05Shares 13,400 (26.6% of that day's volume)2d before

This trade accounts for a large share of that day's volume — it may itself be the cause of the spike, not a separate confirming signal.

Saba Capital Management, L.P.🏢 Institution
Buy2026-10-05Shares 38,988 (77.4% of that day's volume)2d before

This trade accounts for a large share of that day's volume — it may itself be the cause of the spike, not a separate confirming signal.

Calculation criteria

  • · Target metric: days when volume was at least 3x the 20-day average
  • · Matching window: ±7 trading days around the spike day
  • · Buy/sell split: uses the SEC Form 4 transaction type (Buy/Sell) as reported; option exercises and similar are excluded
  • · The 20-day average volume excludes the spike day itself, as provided by the API
  • · Updated: Oct 7, 7:38 PM ET

Glossary

SEC Form 4 transaction code P: an open-market purchase made by the insider with their own funds.

Option exercises (M), stock grants (A), and tax-withholding dispositions (F) are not counted as buys.

This page is a mechanical aggregation of SEC Form 4 filings. It is not investment advice or a buy/sell recommendation. Insider trading data and daily stock chart (OHLCV) data are not guaranteed to be accurate or up to date — please do not rely on them blindly, and always verify against the original source (e.g. SEC EDGAR) before acting. Investment decisions are your own responsibility and should be made carefully; we accept no legal liability whatsoever for any loss arising from the use of this information.