This insider selling cluster is too small relative to market cap to warrant a bearish read-through. Monitor for larger insider sales (>0.1% of market cap) or a pattern of C-suite selling ahead of earnings. The company's next quarterly report will be the key catalyst.
Price Chart
Executive Summary
Two Coherent Corp. insiders sold a combined $745K in open-market sales over a 7-day window. The total value is ~0.0012% of the $59.8B market cap, well below the 0.1% materiality threshold, making this a routine cluster. The sales are likely liquidity-driven or part of pre-planned diversification, not a bearish signal on the company's outlook.
Key Financial Metrics
Key Facts
- Two insiders sold shares: Director Lisa Neal-Graves sold 2,200 shares at $268.42 ($591K) on 2026-09-02; Chief Strategy & Legal Officer Robert P. Beard sold 500 shares at $309.32 ($155K) on 2026-09-09.
- Total insider sales of $745K represent ~0.0012% of Coherent's $59.8B market cap, far below the 0.1% threshold for materiality.
- No insider purchases were reported in the cluster; the net direction is selling.
- The cluster includes only open-market sales (code S); no non-cash transactions (A/F/M/C/G) were present.
Financial Impact
Total insider sales of $745K, representing ~0.0012% of market cap — immaterial
Risk Factors
- Insider sales could accelerate if management perceives headwinds, though current activity is trivial.
- No insider buying to offset the selling signal, which may be a minor negative sentiment indicator.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-COHR-1789193654847 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 16d ago | Insider Cluster | $289.93 $300.60 | ▲ +3.68% | ▲ +1.12% | $325.89 (+12.40%) |
Sep 11, 2026 21d ago | Insider Cluster | $305.37 $317.36 | ▲ +3.93% | ▲ +4.15% | $325.89 (+6.72%) |
Sep 4, 2026 28d ago | Insider Cluster | $281.86 $266.50 | ▼ −5.45% | ▼ −4.24% | $325.89 (+15.62%) |
Sep 3, 2026 29d ago | Insider Cluster | $264.41 $305.37 | ▲ +15.49% | ▲ +16.64% | $325.89 (+23.25%) |
Sep 3, 2026 29d ago | Insider Cluster | $264.41 $305.37 | ▼ −15.49% | ▼ −16.64% | $325.89 (−23.25%) |
Aug 31, 2026 4w ago | 8-K | $277.83 $301.88 | ▲ +8.66% | ▲ +8.80% | $325.89 (+17.30%) |
Jul 15, 2026 11w ago | Institutional Cluster | $299.38 $312.19 | ▲ +4.28% | ▲ +5.26% | $325.89 (+8.85%) |
Jun 20, 2026 14w ago | Institutional Cluster | $425.48 $380.56 | ▼ −10.56% | ▼ −8.49% | $325.89 (−23.41%) |
Jun 11, 2026 16w ago | Institutional Cluster | $363.58 $378.85 | ▲ +4.20% | ▲ +3.77% | $325.89 (−10.37%) |
Apr 28, 2026 22w ago | 8-K | $304.93 $344.67 | ▲ +13.03% | ▲ +9.92% | $325.89 (+6.87%) |
US Market Status
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