The mixed insider cluster is not a strong directional signal. The $3.88M sale by Snyder is large in absolute terms but modest relative to market cap, and the $1.67M purchase by Cornick shows a contrarian view. Monitor for any upcoming 8-K filings (earnings, restructuring, or material agreements) that could clarify the divergence. The historical poor performance of bullish calls on CLVT suggests avoiding a bullish read on the buy side alone.
Price Chart
Executive Summary
Clarivate PLC insiders are sending mixed signals: Director Snyder sold $3.88M worth of shares on August 3, while Director Cornick purchased $1.67M worth of shares on August 6-7. The selling by Snyder is significant in absolute dollar terms but represents a modest 0.32% of the $1.2B market cap. The buying by Cornick is notable for its size and conviction, representing 0.14% of market cap. The cluster is mixed, with the sell side dominating in dollar value but the buy side showing a clear open-market purchase pattern by a director. The cross-filing actuarial verdicts indicate that the combination of insider trades with other contexts (agreement, earnings, press, offering, late filing, restatement) are all amplifiers, but no such other contexts are present here, so the standalone mixed cluster should be scored at the lower end of the range.
Key Financial Metrics
Key Facts
- Director Andrew Miles Snyder sold 2.00M shares at $1.94, totaling $3.88M on August 3, 2026.
- Director Kenneth L. Cornick purchased 900,000 shares at ~$1.86, totaling $1.67M on August 6-7, 2026.
- The net direction of the cluster is mixed, with $3.88M in sales vs. $1.67M in purchases.
- Total insider activity represents ~0.46% of the $1.2B market cap, which is modest.
- The sell transaction is a single large block, while the buy is a two-day accumulation by a different director.
Financial Impact
Net insider selling of ~$2.21M, representing 0.18% of market cap. The sell is 2.3x larger than the buy in dollar terms.
Risk Factors
- Insider selling by a director could signal private concerns about valuation or business outlook.
- The company's analyst consensus is heavily bearish (8% bullish), with 4 sell/strong sell ratings.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CLVT-1786435497861 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 13, 2026 14d ago | 8-K/A | $1.61 | awaiting T+20 | — | $1.82 (+13.04%) |
Oct 6, 2026 21d ago | 8-K | $1.47 | awaiting T+20 | — | $1.82 (+23.81%) |
Sep 24, 2026 4w ago | 8-K | $1.84 $1.85 | ▲ +0.54% | ▲ +0.96% | $1.82 (−1.09%) |
Sep 22, 2026 5w ago | Press Release | $1.89 $1.78 | ▼ −5.82% | ▼ −5.26% | $1.82 (−3.70%) |
Sep 17, 2026 5w ago | Press Release | $1.90 $1.74 | ▼ −8.42% | ▼ −9.88% | $1.82 (−4.21%) |
Aug 10, 2026 11w ago | Insider Cluster | $1.91 $1.91 | · 0.00% | ▲ +1.06% | $1.82 (−4.71%) |
Aug 3, 2026 12w ago | 144 | $1.97 $2.04 | ▼ −3.55% | ▼ −4.79% | $1.82 (+7.61%) |
Jul 6, 2026 16w ago | 8-K | $2.51 $1.94 | ▼ −22.71% | ▼ −24.04% | $1.82 (−27.49%) |
Jul 6, 2026 16w ago | 8-K | $2.44 $1.98 | ▼ −18.85% | ▼ −18.29% | $1.82 (−25.41%) |
Jun 8, 2026 20w ago | 8-K | $2.38 $2.51 | ▲ +5.46% | ▲ +4.02% | $1.82 (−23.53%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers