Insider sales are de minimis and likely reflect routine portfolio diversification, not a negative signal. The earnings beat and buyback authorization are the dominant narrative. No action warranted; monitor for any larger insider sales in coming weeks.
Price Chart
Executive Summary
Two CHCO insiders, including the President & CEO and EVP of Retail Banking, sold a combined $199K in open-market sales over two days following the company's Q1 2026 earnings beat and $117M buyback authorization. The total value is only ~0.01% of market cap, making this a routine, immaterial cluster with no bearish signal.
Key Financial Metrics
Key Facts
- President & CEO Charles R. Hageboeck sold 375 shares at ~$125.00 for $47K on 2026-04-27.
- EVP of Retail Banking Michael T. Quinlan Jr. sold 1,210 shares at ~$126.09 for $153K on 2026-04-28.
- Total insider sales of $199K represent ~0.01% of CHCO's $1.8B market cap.
- Sales occurred 4-5 days after CHCO reported Q1 2026 EPS of $2.20 (beat consensus by 2.3%) and announced a $117M buyback program.
- No open-market purchases in the cluster; all transactions are standard open-market sales.
Financial Impact
Total insider sales of $199K, or ~0.01% of market cap — trivial relative to company size.
Risk Factors
- If insider sales accelerate in volume or involve additional C-suite executives, it could signal waning confidence.
- The stock has rallied post-earnings; insiders may be taking profits at elevated levels.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CHCO-1777473111860 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 1, 2026 20w ago | Insider Cluster | $123.68 $144.47 | ▲ +16.81% | ▲ +15.58% | $142.01 (+14.82%) |
May 28, 2026 21w ago | 8-K | $124.60 $144.48 | ▲ +15.96% | ▲ +14.22% | $142.01 (+13.97%) |
May 28, 2026 21w ago | 8-K | $124.60 $144.48 | ▲ +15.96% | ▲ +14.22% | $142.01 (+13.97%) |
May 27, 2026 21w ago | Insider Cluster | $124.52 $144.00 | ▲ +15.64% | ▲ +13.76% | $142.01 (+14.05%) |
May 6, 2026 24w ago | Insider Cluster | $122.96 $145.11 | ▲ +18.01% | ▲ +15.95% | $142.01 (+15.49%) |
Apr 29, 2026 25w ago | 8-K | $121.40 $139.62 | ▲ +15.01% | ▲ +10.90% | $142.01 (+16.98%) |
Apr 27, 2026 26w ago | Insider Cluster | $124.46 $139.17 | ▲ +11.82% | ▲ +7.04% | $142.01 (+14.10%) |
Apr 23, 2026 26w ago | 8-K | $126.65 $135.94 | ▲ +7.34% | ▲ +2.32% | $142.01 (+12.13%) |
Apr 20, 2026 26w ago | Insider Cluster | $125.33 $135.76 | ▲ +8.32% | ▲ +2.75% | $142.01 (+13.31%) |
Apr 20, 2026 26w ago | Insider Cluster | $125.33 $135.76 | ▲ +8.32% | ▲ +2.75% | $142.01 (+13.31%) |
US Market Status
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