Insider Cluster (2 insiders) ·Filed Feb 25, 2026
Insider cluster: 2 insiders, $466K total
Actionable Insight • Neutral
No significant financial signal here — the transactions are small and offsetting. Traders should not interpret this cluster as a directional indicator.
Final — all horizons settled through T+60d
CMS ▼ -4.01% at T+60d
NEUTRAL call ✗ call lost -4.01% · α vs SPY -10.96% · entry $76.00 → $72.95
T+1d
+1.38%
call +1.38% · α +1.93%
$77.05
settled 7mo ago
T+5d
+2.79%
call +2.79% · α +3.89%
$78.12
settled 7mo ago
T+20d
-0.74%
call -0.74% · α +4.50%
$75.44
settled 6mo ago
T+60d
-4.01%
call -4.01% · α -10.96%
$72.95
settled 5mo ago
Price Chart
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Executive Summary
A CMS Energy insider sold $313K in shares while another insider bought $153K, all in open-market transactions within the past week. The net activity is modest selling, but both actions are small relative to the company's $23.9B market cap.
Key Financial Metrics
Direction
selling
Total Value
$159.5K
Insiders
2
Key Facts
- Senior Vice President Brandon J. Hofmeister sold 4,000 shares for $312,940 in an open-market transaction on February 27, 2026.
- Diane Leopold purchased 2,000 shares for $153,398 in an open-market transaction on February 25, 2026.
- Total net dollar value of the cluster is $159,542 in sales (after offsetting purchase), representing just 0.0007% of CMS Energy’s $23.9B market cap.
- Both transactions were open-market trades (P and S codes), with no non-cash or derivative-related activity.
Financial Impact
$159,542 net insider selling, or 0.0007% of market cap
insider ownershipmarket sentiment
Risk Factors
- Perception risk if the SVP's sale is highlighted out of context as negative
- No indication of broader insider sentiment shift given only two participants and low dollar volume
Market Snapshot
Exchange
NYSE
Investment Themes
Traditional Energy
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (2 trades, 7d window) | cluster-CMS-1772473766604 |
8 reports for CMS
Track record builds as more directional reports settle.
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 28, 2026 9w ago | 8-K | $74.37 $68.74 | ▼ −7.57% | ▼ −10.95% | $63.83 (−14.17%) |
Jun 3, 2026 17w ago | 8-K | $16.95 $16.90 | ▼ −0.30% | ▲ +0.70% | $63.83 (+276.69%) |
May 13, 2026 20w ago | 8-K | $17.20 $16.95 | ▼ −1.48% | ▼ −0.62% | $63.83 (+271.10%) |
May 13, 2026 20w ago | 424B5 | $17.20 $16.95 | ▲ +1.48% | ▲ +0.62% | $63.83 (−271.10%) |
Apr 28, 2026 22w ago | 8-K | $17.21 $17.03 | ▼ −1.07% | ▼ −6.53% | $63.83 (+270.89%) |
Apr 1, 2026 26w ago | DEFA14A | $16.59 $16.97 | ▲ +2.29% | ▼ −7.43% | $63.83 (+284.75%) |
Feb 25, 2026 31w ago | Insider Cluster | $76.00 $75.44 | ▼ −0.74% | ▲ +4.50% | $63.83 (−16.01%) |
Feb 25, 2026 31w ago | Insider Cluster | $76.00 $75.44 | ▼ −0.74% | ▲ +4.50% | $63.83 (−16.01%) |
Showing 8 of 8
US Market Status
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