The insider sales are routine and immaterial — no bearish signal. Monitor for any upcoming 8-K or earnings release that could provide context, but this cluster alone does not warrant a trading action.
Price Chart
Executive Summary
Two senior Amgen executives (SVP & CCO and SVP, Human Resources) executed open-market sales totaling $1.63M on August 6, 2026, at ~$402/share. These sales are part of a broader cluster that includes derivative exercises and director grants, but the open-market sales represent a trivial 0.0007% of Amgen's $222B market cap, making them routine and non-informative. Historical calibration on this ticker shows poor predictive performance for past reports, reinforcing that this cluster does not warrant a directional call.
Key Financial Metrics
Key Facts
- Two SVP-level executives sold a combined ~3,970 shares open-market on August 6, 2026
- Total open-market sale value: $1.63M, representing ~0.0007% of $222B market cap
- Sales coincided with derivative exercises (non-cash) and director grants (non-cash) in the same week
- No C-suite (CEO/CFO) participation in open-market sales
- Historical reports on AMGN have a 25% win rate at T+20, suggesting limited predictive value
Financial Impact
Open-market sales of $1.63M, trivial relative to $222B market cap
Risk Factors
- Insider sales could be misinterpreted as bearish by retail traders
- No C-suite buying to offset the selling signal
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-AMGN-1786410074023 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 22d ago | ANALYST-DOWNGRADE | $382.47 $379.78 | ▲ +0.70% | ▲ +0.20% | $403.04 (−5.38%) |
Sep 8, 2026 24d ago | ANALYST-DOWNGRADE | $393.17 $375.65 | ▲ +4.46% | ▲ +3.34% | $403.04 (−2.51%) |
Aug 14, 2026 7w ago | Court Ruling | $415.21 $439.33 | ▲ +5.81% | ▲ +7.18% | $403.04 (−2.93%) |
Aug 13, 2026 7w ago | Insider Cluster | $415.21 $439.33 | ▲ +5.81% | ▲ +7.18% | $403.04 (−2.93%) |
Aug 11, 2026 7w ago | Court Ruling | $414.30 $425.28 | ▲ +2.65% | ▲ +3.05% | $403.04 (−2.72%) |
Aug 7, 2026 7w ago | Insider Cluster | $417.20 $419.38 | ▲ +0.52% | ▲ +0.57% | $403.04 (−3.39%) |
Aug 7, 2026 7w ago | Insider Cluster | $417.20 $419.38 | ▲ +0.52% | ▲ +0.57% | $403.04 (−3.39%) |
Aug 7, 2026 7w ago | Insider Cluster | $417.20 $419.38 | ▲ +0.52% | ▲ +0.57% | $403.04 (−3.39%) |
Aug 4, 2026 8w ago | GOVT-CONTRACT | $390.02 $414.30 | ▲ +6.23% | ▲ +6.33% | $403.04 (+3.34%) |
Jul 31, 2026 9w ago | 8-K | $378.87 $417.20 | ▼ −10.12% | ▼ −8.09% | $403.04 (−6.38%) |
US Market Status
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