MarketPeel
Insider Trading Intelligence
HW

Hing C. Wong

HCWB
CHIEF EXECUTIVE OFFICER · HCW BIOLOGICS INC. · CIK 0001866258
FILING MIX · LIFETIME91%/9%
BUYS
29
SELLS
3
TOTAL VALUE
$8.90M
COMPANIES
1
ACTIVE SINCE
Jul 2021
HOLDINGS NOW
118,110
AVG SELL PX
TRADE KIND
SHOWING 32 / 32
Trades · vs SPY
Loading price series…
Performance · forward returns vs SPY
22 backtested trades · 8 horizons · 3 pendingHow are these numbers computed? →
Forward-return performance of every backtestable P/S trade by Hing C. Wong, measured at 8 horizons from 7 days to 2 years. Deduped per economic event so co-filings count once. Excess return = trade return minus SPY return over the same window.
HORIZONTRADESWIN RATEINSIDER RETURNSPY RETURNMEAN EXCESSMEDIAN EXCESST-STAT
7d22+59.09%+9.59%-0.74%+10.32%+7.25%
14d22+63.64%+7.80%-1.00%+8.80%+8.94%
30d22+36.36%-1.46%-1.25%-0.21%-7.33%
60d22+45.45%-6.97%+2.87%-9.83%-8.73%
90d22+31.82%-13.50%+4.07%-17.57%-25.31%
180d22+0.00%-35.72%+4.11%-39.82%-39.13%
1y22+0.00%-38.04%+10.55%-48.59%-37.46%
2y22(3 pending)+0.00%-67.05%+27.46%-94.50%-94.80%
How to read this: Insider Returnis the average raw return of the filer's trades over the horizon. SPY Return is what SPY did over those same windows — reference only, not a comparison. The headline alpha number is Mean Excess = Insider − SPY; green means the filer beat SPY, red means they trailed it. Win rate is the share of individual trades where the filer beat SPY. T-statvalues above 2 mean the alpha is unlikely to be chance given the sample size. "Pending" counts trades where the horizon hasn't elapsed yet; their stats are not included in the row average.
Holdings over time
HCWB · 118,110 shares · as of May 22, 2026
04,013,5398,027,07812,040,61716,054,15620222023202420252026SHARES HELD
Trading cadence · quarterly flow
BUY SELL
2021
2021
2022
2022
2022
2022
2023
2023
2023
2023
2024
2024
2024
2024
2025
2025
2025
2025
2026
2026
FLOW · 29 buys / 3 sellsCOVERAGE · 20 quarters
Form 4 filings · all activity
COMPANYTYPESHARESPRICEVALUEHELD AFTERTRADE DATEFILEDDETAILS
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
113,879118,110May 22, 2026May 27, 2026View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
113,879$1.41$160.0K615,790May 22, 2026May 27, 2026View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
8,054$7.45$60.0K501,911May 16, 2025May 20, 2025View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
92,500$26.00$2.40M493,857May 8, 2025May 9, 2025View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
46,25046,250May 7, 2025May 9, 2025View →
HCWB
HCW BIOLOGICS INC.
PURCHASEGRANT
Stock grant
739,288$1.40$1.04M16,054,156Feb 20, 2024Feb 22, 2024View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
1,800$2.08$3.7K15,314,868Sep 14, 2023Sep 18, 2023View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
800$1.54$1.2K15,313,068Jun 2, 2023Jun 2, 2023View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
800$1.62$1.3K15,312,268Jun 1, 2023Jun 2, 2023View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
2,000$1.55$3.1K15,311,468May 31, 2023Jun 1, 2023View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
3,000$1.55$4.7K15,309,468May 30, 2023Jun 1, 2023View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
6,000$2.70$16.2K15,306,468Sep 9, 2022Sep 12, 2022View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
4,000$2.67$10.7K15,300,468Sep 8, 2022Sep 12, 2022View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
6,000$2.58$15.5K15,296,468Sep 7, 2022Sep 7, 2022View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
4,000$2.55$10.2K15,290,468Sep 2, 2022Sep 7, 2022View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
1,520$2.19$3.3K15,286,468Jun 10, 2022Jun 13, 2022View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
2,000$2.25$4.5K15,284,948Jun 9, 2022Jun 9, 2022View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
1,000$2.31$2.3K15,282,948Jun 7, 2022Jun 9, 2022View →
HCWB
HCW BIOLOGICS INC.
PURCHASEGRANT
Stock grant
800,000800,000Sep 8, 2021Sep 10, 2021View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
3,830$3.93$15.1K15,277,948Aug 31, 2021Sep 2, 2021View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
5,830$3.94$23.0K15,281,948Aug 31, 2021Oct 7, 2021View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
6,000$3.93$23.6K15,274,118Aug 30, 2021Aug 30, 2021View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
6,000$3.77$22.6K15,268,118Aug 27, 2021Aug 30, 2021View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
8,000$3.76$30.1K15,270,118Aug 27, 2021Oct 7, 2021View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
6,500$3.84$25.0K15,262,118Aug 26, 2021Aug 30, 2021View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
6,316,69110,602,405Jul 22, 2021Jul 23, 2021View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
627,500$8.00$5.02M15,255,618Jul 22, 2021Jul 23, 2021View →
HCWB
HCW BIOLOGICS INC.
SALE
Chief Executive Officer
2,954,2850Jul 22, 2021Jul 23, 2021View →
HCWB
HCW BIOLOGICS INC.
SALE
Chief Executive Officer
1,071,4280Jul 22, 2021Jul 23, 2021View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
2,954,28513,556,690Jul 22, 2021Jul 23, 2021View →
HCWB
HCW BIOLOGICS INC.
SALE
Chief Executive Officer
6,316,6910Jul 22, 2021Jul 23, 2021View →
HCWB
HCW BIOLOGICS INC.
PURCHASE
Chief Executive Officer
1,071,42814,628,118Jul 22, 2021Jul 23, 2021View →
Other insiders · HCWB
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About this filer
CIK 0001866258
ROLE
Chief Executive Officer
PRIMARY
HCWB
COMPANIES
1
ACTIVE SINCE
Jul 2021
MARKETPEEL · /INSIDER/0001866258DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE
FREE · DAILY · 6 AM ET

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