Multiple senior insiders at Cheesecake Factory, including the CEO and CFO, collectively sold $18M in shares over a one-week window, with the CEO alone selling $10M at a recent price high. This cluster of open-market sales, particularly from C-suite executives, represents a material insider sell signal relative to the company's $5.2B market cap (0.35%).
Price Chart
Executive Summary
Multiple senior insiders at Cheesecake Factory, including the CEO and CFO, collectively sold $18M in shares over a one-week window, with the CEO alone selling $10M at a recent price high. This cluster of open-market sales, particularly from C-suite executives, represents a material insider sell signal relative to the company's $5.2B market cap (0.35%).
Key Financial Metrics
Key Facts
- CEO David Overton sold 94,145 shares at $106.27 for $10M on 2026-08-05
- CFO Matthew Clark sold 68,900 shares at $99.30 for $6.84M on 2026-07-30
- EVP General Counsel Scarlett May sold 7,978 shares at $102.66 for $819K
- Total cluster value of $18.02M represents ~0.35% of $5.2B market cap
- C-suite (CEO + CFO) account for 93% of total sell value
- No insider buys in the cluster
Financial Impact
CEO and CFO sold a combined $16.84M in open-market transactions, representing a 0.32% market cap reduction in insider holdings
Risk Factors
- Insiders may have legitimate liquidity or diversification reasons for selling
- No immediate catalyst identified—this could be routine portfolio rebalancing
- Historical T+20 performance on CAKE reports is negative (-6.9% avg), suggesting the market may not fully price this 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-CAKE-1786057268990 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 26, 2026 5w ago | Institutional Cluster | $115.35 $99.47 | ▼ −13.77% | ▼ −14.97% | $107.95 (−6.42%) |
Aug 18, 2026 6w ago | Insider Cluster | $105.82 $95.87 | ▼ −9.40% | ▼ −7.45% | $107.95 (+2.01%) |
Aug 12, 2026 7w ago | Insider Cluster | $111.88 $102.70 | ▼ −8.21% | ▼ −6.46% | $107.95 (−3.51%) |
Aug 6, 2026 8w ago | Insider Cluster | $107.05 $107.58 | ▼ −0.50% | ▼ −0.89% | $107.95 (−0.84%) |
Aug 3, 2026 8w ago | Insider Cluster | $105.83 $108.36 | ▲ +2.39% | ▲ +3.63% | $107.95 (+2.00%) |
Aug 3, 2026 8w ago | Insider Cluster | $105.83 $108.36 | ▲ +2.39% | ▲ +3.63% | $107.95 (+2.00%) |
Jul 31, 2026 9w ago | Insider Cluster | $101.42 $112.07 | ▼ −10.50% | ▼ −7.51% | $107.95 (−6.44%) |
Apr 10, 2026 25w ago | DEFA14A | $58.90 $61.17 | ▲ +3.85% | ▼ −3.87% | $107.95 (+83.28%) |
Feb 23, 2026 31w ago | Insider Cluster | $63.65 $56.52 | ▼ −11.20% | ▼ −7.25% | $107.95 (+69.60%) |
US Market Status
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