This insider selling cluster is too small to warrant a trade signal. Monitor the next 10-Q for any fundamental deterioration that might have motivated these sales, but the dollar amounts are routine and likely liquidity-driven.
Price Chart
Executive Summary
Two ANIP insiders — a director and the SVP/General Counsel — sold a combined $107K in open-market transactions over a 4-day window. The dollar amount is trivial relative to ANIP's $1.6B market cap (0.007%), and the cluster consists entirely of sales, which per academic literature are weak predictors. The historical calibration on ANIP reports shows a 25% win rate at T+20 with -4.04% average return, further dampening any signal. This cluster is routine and non-informative.
Key Financial Metrics
Key Facts
- Two insiders sold shares: Director Jeanne Thoma sold 1,000 shares at $71.53 ($71,530) on 2026-09-11; SVP/GC Meredith Cook sold 500 shares at $70.79 ($35,395) on 2026-09-14.
- Total open-market sales: $106,925, representing ~0.007% of ANIP's $1.6B market cap — far below the 0.1% materiality threshold.
- No insider purchases in the cluster; all transactions are open-market sales (code S).
- Historical reports on ANIP have a 25% win rate at T+20 with -4.04% average return, suggesting prior bullish calls were over-scored.
Financial Impact
Total insider sales of $107K, immaterial relative to $1.6B market cap
Risk Factors
- Insider sales, even small ones, can precede negative news — though the academic literature finds cluster sales are not informative.
- ANIP's historical T+20 performance has been poor across all prior reports, suggesting the stock may face headwinds unrelated to insider activity.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ANIP-1789434080726 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | Insider Cluster | $72.11 $77.91 | ▲ +8.04% | ▲ +7.23% | $71.97 (−0.19%) |
Sep 1, 2026 4w ago | Insider Cluster | $73.06 $71.46 | ▼ −2.19% | ▼ −1.23% | $71.97 (−1.49%) |
Aug 24, 2026 5w ago | 8-K | $74.17 $73.25 | ▼ −1.24% | ▼ −1.71% | $71.97 (−2.97%) |
Aug 13, 2026 7w ago | Insider Cluster | $74.77 $77.32 | ▲ +3.41% | ▲ +5.37% | $71.97 (−3.74%) |
Aug 7, 2026 8w ago | 8-K | $78.25 $76.54 | ▼ −2.19% | ▼ −2.58% | $71.97 (−8.03%) |
Jul 16, 2026 11w ago | Court Ruling | $81.92 $78.53 | ▼ −4.14% | ▼ −2.47% | $71.97 (−12.15%) |
Jul 13, 2026 11w ago | Press Release | $81.08 $79.20 | ▼ −2.32% | ▼ −1.53% | $71.97 (−11.24%) |
Jun 15, 2026 15w ago | Insider Cluster | $83.00 $82.94 | ▼ −0.07% | ▲ +2.16% | $71.97 (−13.29%) |
Jun 11, 2026 16w ago | Insider Cluster | $81.65 $80.52 | ▼ −1.38% | ▼ −1.82% | $71.97 (−11.86%) |
May 21, 2026 19w ago | 8-K | $82.72 $76.71 | ▼ −7.27% | ▼ −8.92% | $71.97 (−13.00%) |
US Market Status
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