The CFO's $1.7M sale is the most significant signal in this cluster. Monitor for any upcoming 8-K or earnings release that could explain the concentrated selling. If the stock breaks below $33 support, the selling pattern may accelerate. The sustained insider selling over the past 30 days ($10.4M total) suggests management is taking profits near the stock's 52-week highs.
Price Chart
Executive Summary
Three CoreCivic insiders, including the CFO and Chief Development Officer, sold a total of $2.06M in open-market shares over a 5-day window. The CFO's $1.7M sale is the largest single insider trade in the cluster, and the selling is concentrated at prices near $34, just off the stock's recent highs. This cluster of selling by senior executives, while not massive relative to the $3.3B market cap (0.06%), is notable for its concentration and seniority, and may signal a near-term top or a lack of conviction ahead of upcoming earnings.
Key Financial Metrics
Key Facts
- CFO David Garfinkle sold 50,000 shares for $1.7M on 2026-08-21, the largest single trade in the cluster.
- EVP Anthony Grande sold 12,564 shares on 2026-08-26 and 7,436 shares on 2026-08-24, totaling ~$680K.
- Director John Prann sold 3,098 shares on 2026-08-26 and 22,298 shares on 2026-08-21, totaling ~$863K.
- Total cluster value of $2.06M represents ~0.06% of CXW's $3.3B market cap.
- All trades were open-market sales; no purchases were reported in the cluster.
- The cluster follows $8.3M in insider sales over the prior 30 days, indicating sustained selling pressure.
Financial Impact
$2.06M in open-market insider sales over 5 days, representing 0.06% of market cap.
Risk Factors
- Insider sales may be pre-planned under 10b5-1 plans, reducing their predictive value.
- The 0.06% of market cap is below the 0.1% threshold for materiality, making this a modest signal.
- The stock has strong institutional support (88% analyst buy rating) that could absorb selling.
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-1787785922155 |
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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