The scale of selling—particularly from a major institutional holder—suggests a strategic exit or reduced conviction amid elevated stock levels. Traders should watch for follow-on selling pressure, especially if the price breaks below $60. Consider this a bearish signal ahead of earnings or potential macro headwinds in energy.
Price Chart
Executive Summary
Two insiders at California Resources Corp (CRC) sold shares in the past week, including a massive $213.85M open-market sale by Canada Pension Plan Investment Board and a smaller $1.5M sale by EVP Christopher Gould. The cluster is dominated by a single large institutional sale representing over 98% of the total value.
Key Financial Metrics
Key Facts
- Canada Pension Plan Investment Board sold 3,500,000 shares at $61.10 for $213.85M in open-market transactions
- EVP Christopher D. Gould sold 24,347 shares at ~$62.21 for $1.51M, also in open-market sales
- Total insider selling in the last 7 days: $215.36M
- This cluster accounts for ~4% of CRC's $5.4B market cap, indicating highly material insider selling
Financial Impact
$215.36M in insider selling over 7 days, equivalent to ~4% of market cap
Risk Factors
- Large institutional exits can trigger momentum-driven selling
- Insider selling at this magnitude may indicate lack of confidence in near-term valuation or energy sector outlook
Market Snapshot
Investment Themes
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-CRC-1773696374529 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 10, 2026 7w ago | 8-K | $53.75 $55.57 | ▲ +3.39% | ▲ +4.30% | $51.66 (−3.89%) |
Aug 10, 2026 7w ago | Press Release | $53.75 $55.57 | ▲ +3.39% | ▲ +4.30% | $51.66 (−3.89%) |
Jul 14, 2026 11w ago | 8-K | $52.32 $54.13 | ▲ +3.46% | ▲ +0.97% | $51.66 (−1.26%) |
Jun 26, 2026 14w ago | 8-K | $52.60 $53.47 | ▲ +1.65% | ▲ +1.93% | $51.66 (−1.79%) |
Jun 16, 2026 15w ago | 8-K | $55.35 $52.09 | ▼ −5.89% | ▼ −7.21% | $51.66 (−6.67%) |
Jun 16, 2026 15w ago | 8-K | $56.25 $52.32 | ▼ −6.99% | ▼ −7.19% | $51.66 (−8.16%) |
May 5, 2026 21w ago | 8-K | $61.46 $62.20 | ▲ +1.20% | ▼ −1.58% | $51.66 (−15.95%) |
May 5, 2026 21w ago | Press Release | $61.46 $62.20 | ▲ +1.20% | ▼ −1.58% | $51.66 (−15.95%) |
Apr 17, 2026 24w ago | 8-K | $62.18 $62.50 | ▲ +0.51% | ▼ −3.69% | $51.66 (−16.92%) |
Mar 18, 2026 28w ago | DEFA14A | $62.91 $62.74 | ▼ −0.27% | ▼ −7.89% | $51.66 (−17.88%) |
US Market Status
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