BullFrog AI Holdings Inc. (NASDAQ:BFRG) shares climbed 24.57% to $0.75 in premarket trading Wednesday.
On Tuesday, the Maryland-based digital biopharmaceutical and precision-medicine company gained 21.70% to close at $0.60, according to Benzinga Pro data.
Two Executives Buy In Same Session
The rally follows a Securities and Exchange Commission filing showing Chief Executive Officer Vininder Singh bought 75,000 shares on Tuesday at a weighted-average price of $0.5989, with individual trades ranging from $0.5169 to $0.65. The total transaction amount is approximately $44,917.50.
The purchase raises Singh’s direct stake to 2.4 million shares.
In a separate SEC filing, CFO Joshua Blacher purchased 50,000 shares at a weighted average price of $0.5285 per share. The shares were bought at prices ranging from $0.52 to $0.5294.
The purchase was worth approximately $26,425 and increased his total holdings to 65,000 shares.
In March, the company signed a feasibility agreement with a top-five global pharmaceutical company. The deal applies its bfLEAP platform to drug targets for major depressive disorder, a market worth more than $8 billion. The agreement anchors the company’s turnaround plans for 2026.
Trading Metrics, Technical Analysis
BullFrog AI has a market capitalization of $11.19 million, a 52-week high of $2.04 and a 52-week low of $0.43. The company has approximately 18.54 million shares outstanding.
The Relative Strength Index (RSI) of BFRG stands at 63.06.
The small-cap stock has fallen 56.20% over the past 12 months.
Benzinga’s Edge Stock Rankings indicate BullFrog AI stock has a negative price trend across all time frames.
See More: Top Value Stocks
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Zakharchuk / Shutterstock