Insider selling is routine and immaterial. Monitor next quarterly earnings (expected August 2026) for any change in Medicare Advantage enrollment or medical cost trends, which are the primary drivers of CLOV's stock price. The CEO's sale is likely part of normal portfolio diversification or tax planning.
Price Chart
Executive Summary
Two Clover Health insiders, including CEO Andrew Toy, sold a total of $304K in open-market sales during the July 8-15 window. The amount represents less than 0.02% of the $2.5B market cap, continuing a pattern of routine insider selling by executives. These sales are trivial relative to company size and do not signal a material bearish event.
Key Financial Metrics
Key Facts
- CEO Andrew Toy sold 62,711 shares at $4.67 for $293K
- Jamie L. Reynoso sold 2,400 shares at $4.68 for $11K
- Total insider sales: $304K over 7-day window
- Cluster value is 0.012% of $2.5B market cap
- No insider purchases were made during the window
Financial Impact
Insider sales of $304K, negligible relative to $2.5B market cap
Risk Factors
- Continued insider selling could be misinterpreted as bearish by the market
- Medicare Advantage regulatory changes could impact growth trajectory
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CLOV-1784235688344 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 16d ago | Insider Cluster | $4.56 $4.57 | ▲ +0.22% | ▼ −2.34% | $4.41 (−3.40%) |
Aug 17, 2026 6w ago | Insider Cluster | $4.23 $4.13 | ▲ +2.36% | ▲ +2.16% | $4.41 (−4.14%) |
Aug 11, 2026 7w ago | Court Ruling | $4.39 $4.23 | ▼ −3.64% | ▼ −3.24% | $4.41 (+0.34%) |
Jul 20, 2026 10w ago | Insider Cluster | $4.79 $4.27 | ▼ −10.86% | ▼ −9.63% | $4.41 (−8.04%) |
Jul 17, 2026 11w ago | Insider Cluster | $4.62 $4.55 | ▼ −1.52% | ▼ −0.83% | $4.41 (−4.65%) |
Jul 16, 2026 11w ago | Insider Cluster | $4.62 $4.55 | ▼ −1.52% | ▼ −0.83% | $4.41 (−4.65%) |
Jul 16, 2026 11w ago | Insider Cluster | $4.62 $4.55 | ▼ −1.52% | ▼ −0.83% | $4.41 (−4.65%) |
Jul 9, 2026 12w ago | Insider Cluster | $4.68 $4.40 | ▼ −5.98% | ▼ −5.85% | $4.41 (−5.88%) |
Jul 6, 2026 12w ago | Insider Cluster | $5.00 $4.82 | ▼ −3.60% | ▼ −4.15% | $4.41 (−11.90%) |
Jun 17, 2026 15w ago | Insider Cluster | $4.80 $5.21 | ▲ +8.54% | ▲ +9.58% | $4.41 (−8.23%) |
US Market Status
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