Insider Cluster (2 insiders) ·Filed May 1, 2026
Insider cluster: 2 insiders, $239K total
Actionable Insight • Neutral
Insider selling is minimal and not indicative of negative outlook. No trading action warranted based on this cluster alone.
Final — all horizons settled through T+60d
ARQT ▲ +21.71% at T+60d
NEUTRAL call ✓ call won +21.71% · α vs SPY +18.64% · entry $23.35 → $28.42
T+1d
+0.60%
call +0.60% · α +0.94%
$23.49
settled 5mo ago
T+5d
-11.52%
call -11.52% · α -13.87%
$20.66
settled 5mo ago
T+20d
-8.05%
call -8.05% · α -13.34%
$21.47
settled 4mo ago
T+60d
+21.71%
call +21.71% · α +18.64%
$28.42
settled 2mo ago
Price Chart
Loading chart...
Executive Summary
Two insiders sold a total of $239K in ARQT shares, representing only 0.008% of market cap. This is trivial and routine activity with no material signal.
Key Financial Metrics
Direction
selling
Total Value
$239.0K
Insiders
2
Key Facts
- Director Howard G. Welgus sold 7,144 shares ($164K) on 2026-05-01
- Todd Watanabe (See Remarks) sold 3,172 shares ($75K) on 2026-05-04
- Total insider sales of $239K are 0.008% of ARQT's $2.9B market cap
- No insider purchases were made in the cluster period
Financial Impact
Insider sales of $239K are negligible relative to market cap
insider holdings
Risk Factors
- Insider selling could increase in future periods, but current activity is trivial
- No identifiable catalyst from the filings provided
Market Snapshot
Exchange
Nasdaq
Sector
Pharmaceutical Preparations
Analyst Consensus
86% bullish (14 analysts)
Investment Themes
Biotech & Drug Discovery
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ARQT-1778105196590 |
17 reports for ARQT
67% Hit rate best @ T+60▲ +14.74%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 24, 2026 5w ago | Insider Cluster | $24.86 $26.38 | ▲ +6.11% | ▲ +5.87% | $25.16 (+1.21%) |
Aug 21, 2026 6w ago | Insider Cluster | $25.08 $25.96 | ▲ +3.51% | ▲ +4.04% | $25.16 (+0.32%) |
Aug 19, 2026 6w ago | Insider Cluster | $25.35 $25.38 | ▲ +0.12% | ▲ +0.12% | $25.16 (−0.75%) |
Aug 11, 2026 7w ago | 144 | $26.28 $23.38 | ▼ −11.04% | ▼ −9.14% | $25.16 (−4.26%) |
Aug 6, 2026 8w ago | Insider Cluster | $26.43 $23.66 | ▼ −10.48% | ▼ −11.08% | $25.16 (−4.81%) |
Aug 5, 2026 8w ago | Press Release | $26.43 $23.66 | ▼ −10.48% | ▼ −11.08% | $25.16 (−4.81%) |
Aug 3, 2026 8w ago | 144 | $26.03 $23.75 | ▼ −8.76% | ▼ −7.52% | $25.16 (−3.34%) |
Jun 29, 2026 13w ago | Press Release | $26.22 $27.84 | ▲ +6.18% | ▲ +7.21% | $25.16 (−4.04%) |
Jun 18, 2026 15w ago | Insider Cluster | $26.21 $27.74 | ▲ +5.84% | ▲ +5.30% | $25.16 (−4.01%) |
Jun 9, 2026 16w ago | 8-K | $23.23 $28.78 | ▲ +23.89% | ▲ +20.27% | $25.16 (+8.31%) |
Showing 10 of 17
US Market Status
Market Closed — Opens Mon (64h 35m)
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