The insider selling is routine in both dollar amount and context — no material signal. The raised guidance from the May 5 earnings report is the more relevant catalyst. Monitor Q2 2026 results for execution on the raised revenue (+8-11%) and EBITDA margin (17.75-18.50%) guidance.
Price Chart
Executive Summary
Six Cummins insiders sold a total of $1.74M in open-market sales over a 7-day window following the Q1 2026 earnings release. The sales are concentrated among senior executives (EVP, VPs, President-level) and represent ~0.002% of the company's $97.2B market cap — a trivial amount. The cluster follows an earnings report where GAAP EPS missed consensus by ~15% due to a one-time charge, but the company raised full-year guidance, which likely drove the stock higher and provided a selling opportunity for routine portfolio diversification.
Key Financial Metrics
Key Facts
- 6 insiders sold $1.74M total in open-market sales over 7 days (May 8-12, 2026)
- Sales represent ~0.002% of CMI's $97.2B market cap — immaterial
- Largest seller: Brett Merritt (VP & Pres. Engine Business) sold $483K
- Bonnie Fetch (EVP & President Operations) sold $457K
- No insider buying in the cluster; 2 directors received non-cash stock grants
- Cluster follows Q1 2026 earnings (May 5) where GAAP EPS missed consensus but guidance was raised
Financial Impact
Total insider sales of $1.74M — negligible relative to $97.2B market cap
Risk Factors
- Insider selling could accelerate if the stock continues to rally on raised guidance
- Q1 GAAP EPS miss of 15% vs consensus, even if driven by a one-time charge, 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-1778683061826 |
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