The insider cluster carries no material directional signal. The single open-market sale is too small to indicate bearish conviction, and the tax-withholding events are standard vesting mechanics. Focus on the earnings report's mixed quality — margin compression and flat volume warrant monitoring in the next quarter. The $150M buyback authorization provides a modest floor.
Price Chart
Executive Summary
A cluster of insider transactions at Cavco Industries includes one open-market sale by President Brian Cira ($16K) and four tax-withholding events by the CEO, CFO, and other officers ($336K total, non-cash). The cluster follows a mixed Q4 earnings report (revenue +8% YoY, EPS beat by 2.3%, but gross margin contraction and flat home sales volume). The open-market sale is trivial relative to the $4.1B market cap, and the tax-withholding transactions are routine vesting-related events with no economic signal.
Key Financial Metrics
Key Facts
- One open-market sale of 31 shares by President Brian Cira for $16K — 0.0004% of market cap, immaterial.
- CEO Boor surrendered 577 shares for tax withholding ($294K); CFO Allison and other officers surrendered smaller amounts — all non-cash, routine vesting.
- Cluster follows Q4 earnings: revenue $550M (+8% YoY), EPS $5.42 (beat by 2.3%), but gross margin down 110 bps and home sales volume flat.
- Board approved a new $150M stock repurchase program (3.7% of market cap).
- No 10b5-1 plan indicated, but tax-withholding transactions are mechanically tied to vesting schedules, not discretionary.
Financial Impact
Open-market sale of $16K is negligible relative to $4.1B market cap. Tax-withholding transactions total $336K but are non-cash and routine.
Risk Factors
- Gross margin contraction in factory-built housing could persist if input costs rise or pricing softens.
- Flat home sales volume suggests demand may be plateauing in the manufactured housing segment.
- Insider sales, while small, could increase if the stock continues to trade near $500.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CVCO-1779922775361 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 3d ago | Press Release | $547.44 | awaiting T+60 | — | $532.99 (−2.64%) |
Jul 23, 2026 13w ago | Press Release | $569.77 $510.97 | ▼ −10.32% | ▼ −14.05% | $532.99 (−6.46%) |
Jun 16, 2026 18w ago | DEFA14A | $604.47 $523.35 | ▼ −13.42% | ▼ −14.42% | $532.99 (−11.83%) |
Jun 15, 2026 18w ago | Insider Cluster | $604.47 $523.35 | ▼ −13.42% | ▼ −14.42% | $532.99 (−11.83%) |
Jun 1, 2026 20w ago | Insider Cluster | $545.93 $577.37 | ▲ +5.76% | ▲ +4.64% | $532.99 (−2.37%) |
May 27, 2026 21w ago | Insider Cluster | $538.44 $582.55 | ▲ +8.19% | ▲ +6.46% | $532.99 (−1.01%) |
May 22, 2026 22w ago | 8-K | $509.17 $584.77 | ▲ +14.85% | ▲ +11.66% | $532.99 (+4.68%) |
May 21, 2026 22w ago | Press Release | $509.17 $584.77 | ▲ +14.85% | ▲ +11.66% | $532.99 (+4.68%) |
May 14, 2026 23w ago | Press Release | $455.76 $594.18 | ▲ +30.37% | ▲ +25.86% | $532.99 (+16.95%) |
US Market Status
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