The insider selling is too small to be a meaningful negative signal. Monitor upcoming earnings or pipeline updates for any fundamental changes, but this cluster alone does not warrant a bearish stance.
Price Chart
Executive Summary
Two Corcept insiders sold shares totaling ~$2.77M over a 7-day window, with the Chief Development Officer selling after exercising options. The total dollar value represents only 0.027% of the company's $10.1B market cap, making these sales trivial in proportion and unlikely to carry a bearish signal.
Key Financial Metrics
Key Facts
- Insider cluster: 2 insiders sold shares between June 30 and July 7, 2026
- Total open-market sales: ~$2.77M (0.027% of $10.1B market cap)
- Chief Development Officer William Guyer exercised options and sold 20,000 shares; Sean Maduck sold 11,200 shares
- Recent 30-day insider activity: 6 sells totaling $5.8M — still minimal relative to market cap
Financial Impact
Insider selling of $2.77M is trivial relative to $10.1B market cap
Risk Factors
- Insider selling could accelerate if fundamentals deteriorate
- Option-exercise-related sales are routine and not predictive
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CORT-1783555272297 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 28, 2026 5w ago | Insider Cluster | $113.88 $115.63 | ▲ +1.54% | ▲ +1.28% | $116.49 (+2.29%) |
Aug 28, 2026 5w ago | Insider Cluster | $113.88 $116.10 | ▲ +1.95% | ▲ +1.44% | $116.49 (+2.29%) |
Aug 27, 2026 5w ago | Insider Cluster | $116.93 $117.00 | ▲ +0.06% | ▲ +0.16% | $116.49 (−0.38%) |
Aug 20, 2026 6w ago | Insider Cluster | $121.05 $114.86 | ▼ −5.11% | ▼ −5.11% | $116.49 (−3.77%) |
Aug 18, 2026 6w ago | Insider Cluster | $118.10 $111.85 | ▲ +5.29% | ▲ +4.30% | $116.49 (+1.36%) |
Aug 12, 2026 7w ago | Insider Cluster | $112.18 $114.92 | ▲ +2.44% | ▲ +4.34% | $116.49 (+3.84%) |
Aug 12, 2026 7w ago | Insider Cluster | $112.18 $114.92 | ▲ +2.44% | ▲ +4.34% | $116.49 (+3.84%) |
Aug 6, 2026 8w ago | Insider Cluster | $110.77 $111.62 | ▲ +0.77% | ▲ +1.16% | $116.49 (+5.16%) |
Aug 5, 2026 8w ago | Insider Cluster | $107.95 $112.80 | ▲ +4.49% | ▲ +3.89% | $116.49 (+7.91%) |
Jul 23, 2026 10w ago | Court Ruling | $96.66 $121.05 | ▲ +25.23% | ▲ +21.92% | $116.49 (+20.52%) |
US Market Status
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