The CFO's repeated large sales are the most notable signal in this cluster. While the dollar amount is small relative to market cap, the concentration of C-suite selling with zero insider buying warrants monitoring. Watch for any upcoming 8-K filings (earnings, guidance, or material agreements) that could explain the timing. If the stock continues to rally without insider buying, it may indicate insiders are taking advantage of elevated prices.
Price Chart
Executive Summary
A cluster of four CoreCivic insiders, including the CFO and two directors, sold a total of $3.53M in open-market shares over a one-week period. The CFO alone sold $1.7M, representing the largest single trade. While the total dollar value is modest relative to the $3.3B market cap (~0.1%), the concentration of C-suite selling and the lack of any insider buying during the window raises a cautionary flag, especially given the stock's recent strong performance and high institutional bullishness (88% buy rating). The historical calibration shows that cluster sells at this company have not been a reliable bearish signal, but the CFO's participation adds weight.
Key Financial Metrics
Key Facts
- Four insiders sold shares totaling $3.53M in open-market transactions over 7 days.
- CFO David Garfinkle sold $1.7M (50,000 shares at ~$33.96) and $1.69M (50,000 shares at ~$33.76) on two separate days.
- Director John R. Prann Jr. sold $1.34M (40,000 shares) and $758K (22,298 shares) on two separate days.
- EVP Anthony L. Grande sold $981K (29,199 shares).
- Director Harley G. Lappin sold $98K (3,000 shares).
- Total insider selling represents approximately 0.1% of CoreCivic's $3.3B market cap.
- No insider purchases were reported during the cluster window.
- The stock has a 88% analyst buy rating and strong recent institutional accumulation.
Financial Impact
Total insider selling of $3.53M, representing ~0.1% of market cap. CFO selling alone accounts for $3.39M of the total.
Risk Factors
- Insider selling may be driven by personal liquidity needs or 10b5-1 plans, not a bearish view on the company.
- The total dollar value is only ~0.1% of market cap, which is below the typical threshold for a material signal.
- The stock has strong analyst support (88% buy rating) and recent institutional accumulation, which could offset insider selling concerns.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CXW-1787378569855 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 1, 2026 4w ago | Insider Cluster | $32.72 $32.25 | ▼ −1.44% | ▼ −1.75% | $32.49 (−0.70%) |
Aug 26, 2026 5w ago | Insider Cluster | $33.79 $34.36 | ▼ −1.69% | ▼ −2.20% | $32.49 (+3.85%) |
Aug 26, 2026 5w ago | Insider Cluster | $33.99 $34.36 | ▼ −1.09% | ▼ −0.86% | $32.49 (+4.41%) |
Aug 25, 2026 5w ago | Insider Cluster | $33.14 $32.28 | ▲ +2.60% | ▲ +3.57% | $32.49 (+1.96%) |
Aug 21, 2026 6w ago | Insider Cluster | $34.01 $32.41 | ▲ +4.70% | ▲ +4.18% | $32.49 (+4.47%) |
Aug 18, 2026 6w ago | Insider Cluster | $31.99 $35.54 | ▼ −11.10% | ▼ −13.05% | $32.49 (−1.56%) |
Aug 17, 2026 6w ago | Insider Cluster | $32.40 $34.93 | ▲ +7.81% | ▲ +9.55% | $32.49 (+0.28%) |
Aug 14, 2026 7w ago | Insider Cluster | $33.58 $35.38 | ▼ −5.36% | ▼ −7.34% | $32.49 (+3.25%) |
Aug 14, 2026 7w ago | Institutional Cluster | $32.82 $34.23 | ▲ +4.30% | ▲ +6.29% | $32.49 (−1.01%) |
Aug 13, 2026 7w ago | Insider Cluster | $32.82 $34.23 | ▲ +4.30% | ▲ +6.29% | $32.49 (−1.01%) |
US Market Status
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