10% owner Frank Giustra buys $3 million of Streamex Corp. (STEX)

Frank Giustra, 10% owner of Streamex Corp., bought 1,000,000 shares on the open market on January 23, 2026 at an average of $3.00 a share, for a total of $3 million. The purchase was reported to the SEC on Form 4 on January 27, 2026.

It raised their holding by 561%, to 1,178,205 shares.

The purchase came after a fall: Streamex Corp. stock was down 40.9% over the 13 weeks before.

2 other insiders also bought at least $10,000 of STEX within 30 days, which makes this a cluster buy.

In the 12 months up to this filing, Streamex Corp. insiders reported 5 open-market purchases and 0 sales.

WallStPal Score: 70 out of 100, because of raised their holding by 561%; a large purchase; 2 other insiders also bought; the stock had fallen 40.9% in the 13 weeks before.

What happened next: after 1 month the stock was down 19.7% (18.3 points worse than the S&P 500); after 3 months the stock was down 66.7% (69.4 points worse than the S&P 500); after 6 months the stock was down 73% (80.5 points worse than the S&P 500). Based on weekly prices from the week of the purchase.

Our read

This one purchase is 89% of all insider buying at STEX in the past year, the first open-market purchase by Frank Giustra in our records, made after a 40.9% fall in 13 weeks, a setup where insider buying has historically mattered most. It is worth reading next to the company's own results and news before drawing conclusions.

Source: SEC Form 4 filing ↗. This story was written automatically from the filing and weekly price data. Information, not investment advice.

Examples

Big insider purchases have made news before. In January 2016, with bank stocks falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares, about $26 million of his own money, and the purchase was widely reported as a sign of confidence.

Explain it like I'm 13

Frank Giustra helps run Streamex Corp.. Spending $3 million of their own money on the company's stock is like a coach buying a big stack of tickets to their own team's games: it suggests they think the team will do well. It is not a promise, and insiders can be wrong.

More: all STEX insider trades · Frank Giustra's track record