Insider Cluster (2 insiders) ·Filed Jul 20, 2026
Insider cluster: 2 insiders, $2.5M total
Actionable Insight • Neutral
The dollar amount is too small to signal material bearish conviction. Monitor upcoming quarterly results for any fundamental changes, but this cluster alone does not warrant a trading response.
Final — all horizons settled through T+60d
ADPT ▲ +11.96% at T+60d
NEUTRAL call +11.96% · α vs SPY +7.98% · entry $22.58 → $25.28
T+1d
-2.79%
call -2.79% · α -2.67%
$21.95
settled 3mo ago
T+5d
-0.18%
call -0.18% · α +1.05%
$22.54
settled 3mo ago
T+20d
+8.77%
call +8.77% · α +6.21%
$24.56
settled 2mo ago
T+60d
+11.96%
call +11.96% · α +7.98%
$25.28
settled 14d ago
Price Chart
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Executive Summary
Two C-suite officers at Adaptive Biotechnologies sold a combined $2.5M in open-market sales over a 7-day window. The total represents only ~0.07% of the company's $3.7B market cap, making this a routine, non-material cluster.
Key Financial Metrics
Direction
selling
Total Value
$2.5M
Insiders
2
Key Facts
- Chief People Officer LO FRANCIS sold 105,762 shares at $22.59 for $2.39M on 2026-07-15
- Chief Commercial Officer BOBULSKY SUSAN sold 5,000 shares at $23.00 for $115K on 2026-07-16
- LO FRANCIS also exercised non-cash derivative transactions on the same day (no economic impact)
- Total cluster value of $2.50M is only 0.07% of ADPT's $3.7B market cap
Financial Impact
Total insider sales of $2.5M represent a negligible fraction of market cap
dilution
Risk Factors
- Insider sales may increase ahead of a negative catalyst, but the low dollar amount limits signal value
- Further insider selling at higher volumes would be more concerning
Market Snapshot
Exchange
Nasdaq
Sector
Biological Products, (No Diagnostic Substances)
Analyst Consensus
86% bullish (14 analysts)
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ADPT-1784592084137 |
28 reports for ADPT
45% Hit rate @ T+20 Went positive at some point 7 of 11 best @ T+60▲ +56.41%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 6, 2026 20d ago | 144 | $26.28 | awaiting T+20 | — | $25.51 (−2.93%) |
Oct 5, 2026 21d ago | Insider Cluster | $26.90 | awaiting T+20 | — | $25.51 (−5.17%) |
Sep 25, 2026 4w ago | Press Release | $29.43 $25.51 | ▼ −13.32% | ▼ −11.84% | $25.51 (−13.32%) |
Sep 18, 2026 5w ago | Insider Cluster | $27.86 $23.95 | ▲ +14.03% | ▲ +13.13% | $25.51 (+8.44%) |
Aug 20, 2026 9w ago | Insider Cluster | $25.99 $27.86 | ▲ +7.20% | ▲ +7.72% | $25.51 (−1.85%) |
Aug 19, 2026 9w ago | Insider Cluster | $25.44 $28.55 | ▼ −12.22% | ▼ −12.22% | $25.51 (−0.28%) |
Aug 18, 2026 9w ago | 144 | $25.49 $26.68 | ▲ +4.67% | ▲ +6.19% | $25.51 (+0.08%) |
Aug 17, 2026 10w ago | 144 | $24.56 $27.67 | ▼ −12.66% | ▼ −13.97% | $25.51 (−3.87%) |
Jul 29, 2026 12w ago | Institutional Cluster | $24.18 $26.44 | ▼ −9.35% | ▼ −5.38% | $25.51 (−5.50%) |
Jul 23, 2026 13w ago | Insider Cluster | $22.27 $25.99 | ▲ +16.70% | ▲ +13.08% | $25.51 (+14.55%) |
Showing 10 of 28
US Market Status
Market Closed — Opens Wed (11h 55m)
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