Monitor for upcoming earnings or guidance changes; the absence of insider buying amid material selling, especially by sales and M&A leaders, could signal caution. Watch for follow-up filings that may reveal if this is part of a broader divestment trend.
Price Chart
Executive Summary
Cognex Corp (CGNX) is experiencing an insider trading cluster with significant selling activity, led by EVP Carl Gerst who sold nearly $590K in shares. Multiple executives also engaged in non-transactional 'M' events, likely administrative share adjustments, but the only cash trades were sells, indicating potential lack of confidence or portfolio diversification.
Key Financial Metrics
Key Facts
- EVP Carl Gerst sold 10,532 shares for $589,042, the largest cash transaction in the cluster.
- Angelos Papadimitriou sold 4,150 shares for $230,659.
- Joerg Kuechen executed a mixed transaction: sold 6,355 shares at $0 (likely option exercise) and sold 11,029 shares at $33.04 for $364,398.
- All non-zero transactions were sells; no insider buying occurred in the past 7 days.
- CEO Matthew Moschner and other top executives only had non-cash 'M' transactions (likely administrative).
Financial Impact
Total insider selling: $1.18M (including Kuechen's $364K and Gerst's $589K)
Risk Factors
- Insider selling may reflect reduced confidence in near-term performance or valuation concerns.
- Lack of CEO or CFO participation in buying may weaken bullish counterarguments.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (17 trades, 7d window) | cluster-CGNX-1771970207807 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 2, 2026 4w ago | Press Release | $59.71 $62.22 | ▼ −4.21% | ▼ −4.36% | $64.97 (−8.81%) |
Aug 5, 2026 8w ago | Press Release | $67.38 $60.79 | ▼ −9.78% | ▼ −10.38% | $64.97 (−3.58%) |
Aug 5, 2026 8w ago | Institutional Cluster | $70.71 $59.94 | ▼ −15.23% | ▼ −14.63% | $64.97 (−8.12%) |
Jul 16, 2026 11w ago | Press Release | $63.89 $61.59 | ▼ −3.60% | ▼ −7.22% | $64.97 (+1.69%) |
May 11, 2026 20w ago | Insider Cluster | $66.90 $61.32 | ▼ −8.34% | ▼ −8.03% | $64.97 (−2.88%) |
May 6, 2026 21w ago | 8-K | $65.74 $66.06 | ▲ +0.49% | ▼ −2.64% | $64.97 (−1.17%) |
Mar 13, 2026 29w ago | DEFA14A | $47.96 $54.18 | ▲ +12.97% | ▲ +9.38% | $64.97 (+35.48%) |
Feb 23, 2026 31w ago | Insider Cluster | $56.43 $50.63 | ▲ +10.28% | ▲ +6.33% | $64.97 (−15.14%) |
Feb 17, 2026 32w ago | Insider Cluster | $56.93 $50.11 | ▼ −11.98% | ▼ −10.24% | $64.97 (+14.13%) |
US Market Status
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