Insider selling is trivial in size and likely reflects routine post-earnings portfolio rebalancing. The raised guidance and strong Power Systems demand are more material signals. Monitor for any acceleration in insider selling volume or C-suite departures, but this cluster alone does not warrant action.
Price Chart
Executive Summary
Four Cummins insiders, including EVP Bonnie Fetch, sold a total of $1.23M in open-market sales over the past week, following the Q1 earnings report that showed a GAAP EPS miss but raised full-year guidance. The cluster is small relative to CMI's $93.8B market cap (0.0013%), making it routine portfolio diversification rather than a bearish signal.
Key Financial Metrics
Key Facts
- 4 insiders sold $1.23M total in open-market transactions over 7 days
- Largest seller: EVP Bonnie Fetch ($457K at ~$700/share)
- Total sales represent ~0.0013% of CMI's $93.8B market cap
- Sales occurred 6 days after Q1 2026 earnings (GAAP EPS $4.71 vs $5.55 consensus, revenue $8.4B in line)
- Company raised FY2026 revenue guidance to +8-11% and EBITDA margin guidance to 17.75-18.50%
Financial Impact
$1.23M in insider sales, negligible relative to $93.8B market cap
Risk Factors
- Insider selling could increase if Q2 results disappoint despite raised guidance
- GAAP EPS miss due to $199M charge from fuel cell business sale may weigh on sentiment
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CMI-1778536198647 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 4, 2026 8w ago | 8-K | $635.96 $551.15 | ▼ −13.34% | ▼ −12.10% | $526.30 (−17.24%) |
May 14, 2026 20w ago | Insider Cluster | $715.24 $659.58 | ▼ −7.78% | ▼ −6.92% | $526.30 (−26.42%) |
May 8, 2026 21w ago | Insider Cluster | $679.55 $651.22 | ▼ −4.17% | ▼ −4.19% | $526.30 (−22.55%) |
May 8, 2026 21w ago | Insider Cluster | $679.55 $651.22 | ▼ −4.17% | ▼ −4.19% | $526.30 (−22.55%) |
May 8, 2026 21w ago | Insider Cluster | $677.23 $651.22 | ▼ −3.84% | ▼ −3.86% | $526.30 (−22.29%) |
May 8, 2026 21w ago | Insider Cluster | $707.96 $655.69 | ▼ −7.38% | ▼ −6.77% | $526.30 (−25.66%) |
May 8, 2026 21w ago | Insider Cluster | $677.23 $651.22 | ▼ −3.84% | ▼ −3.86% | $526.30 (−22.29%) |
May 8, 2026 21w ago | Insider Cluster | $677.23 $651.22 | ▼ −3.84% | ▼ −3.86% | $526.30 (−22.29%) |
May 8, 2026 21w ago | Insider Cluster | $677.23 $651.22 | ▼ −3.84% | ▼ −3.86% | $526.30 (−22.29%) |
May 8, 2026 21w ago | Insider Cluster | $677.23 $651.22 | ▼ −3.84% | ▼ −3.86% | $526.30 (−22.29%) |
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.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access