No insider purchase over the last 90 days. The latest, by MATLIN DAVID J, was filed 13 Jan 2026.
Clene Inc., classified in the Healthcare & Pharma sector, is a listed company. Its insiders report their share dealings to SEC (Form 4). In the past year (19 October 2025 to 19 October 2026), 33 filings came from 4 insiders.
Open-market activity splits into 1 purchase totalling €186k and 26 sales totalling €2.1M; 1 insider sit on the buying side and 1 insider on the selling side. Taken together, the sales exceed the purchases by €1.9M. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. On the buying side, the filings list 1 senior executive among the declarants. Ugwumba Chidozie filed the largest sale, €382k, on 18 December 2025.
With 33 filings in twelve months, the company is more active than the median of 19 filings across the 5,811 companies we follow on the same exchange. Our records for Clene Inc. go back to 2021, with 35 purchases and 43 sales on the open market in total. On the fundamentals side, the SEC filing (10-K) for the period ending 31 December 2025 lists revenue at 200,000 USD and net income at -26.2 m USD.
The latest purchase dates back some time: it was published 279 days ago, on 13 January 2026. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. US insiders must file a Form 4 within two business days of a trade. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning.
For comparison within the same sector, see the insider buying recorded at Cooper Companies, Inc. and Anixa Biosciences Inc. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended December 2025 · cache
25 of 101 declarations
Clene Inc. is a clinical-stage biopharmaceutical company listed on the Nasdaq (CLNN) in the United States, with headquarters in Salt Lake City, Utah, and manufacturing plus R&D operations in Maryland. The company was founded in 2013 and has built its identity around a proprietary nanomedicine platform designed to restore neuronal health and function. For investors, Clene sits squarely in the neurodegenerative-disease innovation space, where the investment case is driven by clinical execution, regulatory progress, and financing capacity rather than near-term commercial scale. ([invest.clene.com](https://invest.clene.com/))
Clene’s lead asset is CNM-Au8®, an oral suspension of gold nanocrystals intended to improve cellular energy production and utilization by targeting mitochondrial function, the NAD pathway, and oxidative stress. The company is developing CNM-Au8 across several neurological indications, including amyotrophic lateral sclerosis (ALS), multiple sclerosis (MS), and Parkinson’s disease. In other words, Clene remains a development-stage biotech: its value proposition depends primarily on clinical data readouts, regulatory discussions, and the ability to raise capital, not on a mature product portfolio. ([invest.clene.com](https://invest.clene.com/news-releases/news-release-details/clene-reports-full-year-2025-financial-results-and-recent))
From a competitive standpoint, Clene is a niche player in a highly specialized segment of the biotech market. Its differentiation rests on a novel mechanism, a neuroprotective thesis, and the possibility of addressing diseases with substantial unmet medical need. That said, the company’s commercial position remains early and speculative, which is typical for small-cap U.S. biotech firms focused on central nervous system disorders. Management emphasizes scientific credibility and regulatory readiness, supported by executives with pharmaceutical, commercialization, and development experience. ([clene.com](https://clene.com/about/))
Recent developments have been particularly important. In March 2026, Clene said an in-person FDA Type C meeting was scheduled for the first quarter of 2026 to review the latest CNM-Au8 data, with the company targeting an ALS NDA submission under the accelerated approval pathway in the second quarter of 2026 if the interaction is positive. The company also disclosed an oversubscribed registered direct offering of more than $28 million in January 2026, followed by a $7 million underwritten offering announced in May 2026. Taken together, these updates show both progress toward a potential regulatory filing and the continuing importance of equity financing to sustain operations. For international investors, Clene is best viewed as a high-risk, catalyst-driven Nasdaq biotech in the United States, with upside tied to FDA milestones and clinical validation. ([invest.clene.com](https://invest.clene.com/news-releases/news-release-details/clene-reports-full-year-2025-financial-results-and-recent))
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Dec 2025 | 200,000 USD | -26.2 m USD | n.d. | 10-K |
| Dec 2024 | 342,000 USD | -39.4 m USD | n.d. | 10-K |
| Dec 2023 | 654,000 USD | -49.5 m USD | n.d. | 10-K |
| Dec 2022 | 473,000 USD | -29.9 m USD | n.d. | 10-K |
| Dec 2021 | 723,000 USD | -9.7 m USD | n.d. | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.