Insider Cluster (4 insiders) ·Filed Jul 30, 2026

ATRC

AtriCure, Inc.
NEUTRAL
Impact 2/10
Horizondays Processed2mo ago
Insider cluster: 3 insiders, $1.4M total
Actionable Insight • Neutral

The insider selling is minimal and likely reflects routine diversification after the stock's post-earnings run. No immediate bearish read-through; monitor for any acceleration in selling volume or a shift to C-suite open-market sales.

DirectionNeutral
Confidencehigh
Horizondays
Latest settled — T+20d ⚠ clustered
ATRC ▲ +22.71% at T+20d
NEUTRAL call ✓ call won +22.71% · α vs SPY +18.75% · entry $40.15 → $49.27
Next anchor: T+60d in 20d
Latest observation: T+42 +31.14% FF3 residual α
Entry anchored
Jul 29, 03:59 PM ET
via exchange tick
T+1d
-5.95%
call -5.95% · α -6.67%
$37.76
settled 2mo ago
T+5d
-1.64%
call -1.64% · α -5.27%
$39.49
settled 8w ago
T+20d
+22.71%
call +22.71% · α +18.75%
$49.27
settled 5w ago
T+60d
—
call — · α —
—
in 20d

Price Chart

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Executive Summary

Three AtriCure insiders sold a total of $1.42M in open-market shares over the past week, representing just 0.075% of the $1.9B market cap. The sales follow the company's strong Q2 2026 earnings beat and raised guidance reported 11 days ago. The small size relative to market cap suggests routine profit-taking rather than a bearish signal.

Key Financial Metrics

Direction
selling
Total Value
$1.4M
Insiders
4

Key Facts

  • Director Sven Wehrwein sold 25,000 shares at $37.84 for $946K on 2026-07-28.
  • Chief Mktg & Strategy Officer Justin Noznesky sold 6,182 shares at $38.80 for $240K on 2026-07-29.
  • Chief Scientific Officer Vinayak Doraiswamy sold 6,000 shares at $38.88 for $233K on 2026-07-28.
  • CEO Michael Carrel made non-cash gifts of 4,700 shares on 2026-07-30 (no economic impact).
  • Total open-market sales of $1.42M equal 0.075% of ATRC's $1.9B market cap — well below the 0.1% materiality threshold.
  • The cluster occurred within 11 days of a Q2 2026 earnings beat ($0.18 EPS vs $0.03 consensus) and raised guidance.

Financial Impact

Open-market insider sales of $1.42M, representing 0.075% of market cap — trivial relative to company size.

insider sellingmarket cap

Risk Factors

  • Insider selling could increase if the stock continues to rise, potentially signaling a top.
  • Future larger sales by C-suite executives would carry more weight and warrant a bearish reassessment.

Market Snapshot

Exchange
Nasdaq
Sector
Surgical & Medical Instruments & Apparatus
Analyst Consensus
81% bullish (16 analysts)

Investment Themes

Healthcare & Medical Devices

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-ATRC-1785758471480
10 reports for ATRC
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+60▲ +89.53%Jun 14, 2026
Filters
Rows
Reports for ATRC — sortable, filterable
TypeNow
Sep 14, 2026
18d ago
Insider Cluster
NEUTRAL ★ 2/10
$55.79 $58.32▲ +4.53%▲ +2.88%$55.14 (−1.17%)
Aug 7, 2026
8w ago
Insider Cluster
NEUTRAL ★ 2/10
$41.39 $44.30▲ +7.03%▲ +6.63%$55.14 (+33.22%)
Jul 30, 2026
9w ago
Insider Cluster
NEUTRAL ★ 2/10
$40.15 $39.49▼ −1.64%▼ −5.27%$55.14 (+37.33%)
Jul 30, 2026
9w ago
Insider Cluster
NEUTRAL ★ 2/10
$40.15 $39.49▼ −1.64%▼ −5.27%$55.14 (+37.33%)
Jul 23, 2026
10w ago
8-K
BULLISH ★ 6/10
$35.04 $40.15▲ +14.58%▲ +14.21%$55.14 (+57.36%)
Jun 14, 2026
15w ago
Institutional Cluster
BULLISH ★ 5/10
$27.98 $28.44▲ +1.64%▲ +3.03%$55.14 (+97.07%)
Jun 11, 2026
16w ago
Institutional Cluster
BEARISH ★ 5/10
$28.41 $27.12▲ +4.54%▲ +4.97%$55.14 (−94.09%)
May 22, 2026
19w ago
Insider Cluster
NEUTRAL ★ 2/10
$28.29 $26.48▼ −6.40%▼ −8.07%$55.14 (+94.91%)
May 5, 2026
21w ago
8-K
MIXED ★ 6/10
$28.01 $26.69▼ −4.71%▼ −5.84%$55.14 (+96.86%)
Apr 6, 2026
25w ago
DEFA14A
NEUTRAL ★ 3/10
$29.19 $28.66▼ −1.82%▼ −5.95%$55.14 (+88.90%)
Showing 10 of 10

US Market Status

Market Closed — Opens Mon (38h 37m)

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Report published Aug 3, 2026