The cluster is too small relative to market cap to warrant a bearish read. Monitor for any upcoming earnings or material news that could explain the timing, but the dollar amounts suggest routine selling. No immediate action needed.
Price Chart
Executive Summary
Seven ACLS insiders, including three directors and three EVPs, sold a total of ~$1.74M in open-market sales over a 7-day window. The cluster is 100% selling, with no insider purchases, and the total value represents ~0.04% of the $4.8B market cap — well below the 0.1% materiality threshold. The sales are small in proportion to company size and likely reflect routine portfolio diversification or tax planning, not a coordinated bearish signal.
Key Financial Metrics
Key Facts
- Seven insiders sold shares totaling ~$1.74M in open-market transactions from May 15–22, 2026.
- No insider purchases were reported in the cluster.
- Total sales represent ~0.04% of ACLS's $4.8B market cap — trivial in scale.
- Sellers include three directors (Kurtzweil, Graves, St Dennis, Quirk) and three EVPs (Evans, Blumenstock, Tatnall).
- Sales occurred at prices ranging from $138.79 to $155.51 per share.
Financial Impact
Total insider sales of ~$1.74M, or ~0.04% of market cap — immaterial.
Risk Factors
- If a material negative catalyst emerges (e.g., earnings miss, guidance cut), the cluster could be viewed as informed selling in hindsight.
- Continued selling at higher prices near $155 could indicate insiders see limited near-term upside.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ACLS-1779829563209 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 9, 2026 7w ago | Institutional Cluster | $132.65 $119.57 | ▼ −9.86% | ▼ −8.95% | $147.77 (+11.40%) |
Jun 15, 2026 15w ago | Institutional Cluster | $191.60 $136.56 | ▼ −28.73% | ▼ −27.98% | $147.77 (−22.88%) |
Jun 4, 2026 17w ago | Insider Cluster | $147.16 $139.97 | ▼ −4.89% | ▼ −6.75% | $147.77 (+0.41%) |
May 28, 2026 18w ago | Insider Cluster | $150.41 $176.13 | ▲ +17.10% | ▲ +18.89% | $147.77 (−1.76%) |
May 26, 2026 18w ago | Insider Cluster | $157.91 $180.70 | ▲ +14.43% | ▲ +16.33% | $147.77 (−6.42%) |
May 22, 2026 19w ago | Insider Cluster | $164.27 $167.14 | ▲ +1.75% | ▲ +3.70% | $147.77 (−10.04%) |
May 21, 2026 19w ago | Insider Cluster | $156.94 $172.13 | ▲ +9.68% | ▲ +11.09% | $147.77 (−5.84%) |
May 15, 2026 20w ago | Insider Cluster | $149.56 $187.53 | ▲ +25.39% | ▲ +24.65% | $147.77 (−1.20%) |
May 15, 2026 20w ago | Insider Cluster | $146.24 $176.85 | ▲ +20.93% | ▲ +19.35% | $147.77 (+1.05%) |
May 15, 2026 20w ago | Insider Cluster | $146.24 $176.85 | ▲ +20.93% | ▲ +19.35% | $147.77 (+1.05%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access