The dollar value is trivial relative to market cap — no material signal. Monitor for any larger insider sales in the next 30 days, but this cluster alone does not warrant action. The strong earnings beat and raised guidance remain the dominant narrative.
Price Chart
Executive Summary
Two DaVita insiders — the Chief Compliance Officer and the COO of the DKC segment — sold a combined $5.59M in open-market sales over a 4-day window, following the company's strong Q1 earnings beat and raised guidance. The sales represent ~0.04% of market cap, well below the 0.1% materiality threshold, and are likely routine post-earnings liquidity events rather than informed bearish signals.
Key Financial Metrics
Key Facts
- CCO James Hearty sold 15,000 shares at ~$193.98 for $2.91M on May 15
- COO David Maughan sold 13,456 shares at ~$199.25 for $2.68M on May 12
- Total open-market sales of $5.59M represent ~0.04% of DVA's $12.8B market cap
- All other insider transactions were non-cash grants (director awards) or derivative exercises/tax withholdings with no economic value
- Filing follows DVA's May 5 Q1 2026 earnings beat (EPS $2.87 vs $2.41 consensus) and raised FY2026 guidance
Financial Impact
Total open-market sales of $5.59M, or ~0.04% of market cap
Risk Factors
- Insiders may continue selling post-earnings, which could accumulate to a material level over time
- The COO sale at $199.25 near recent highs could indicate valuation concerns at the DKC segment level
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-DVA-1779135148543 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 4, 2026 8w ago | 8-K | $187.61 $178.83 | ▼ −4.68% | ▼ −4.08% | $178.69 (−4.75%) |
Jun 15, 2026 15w ago | Court Ruling | $209.75 $232.41 | ▲ +10.80% | ▲ +11.20% | $178.69 (−14.81%) |
Jun 8, 2026 16w ago | 8-K | $198.19 $234.31 | ▲ +18.22% | ▲ +16.78% | $178.69 (−9.84%) |
May 18, 2026 19w ago | Insider Cluster | $194.38 $208.98 | ▲ +7.51% | ▲ +5.25% | $178.69 (−8.07%) |
May 13, 2026 20w ago | Insider Cluster | $192.30 $208.66 | ▼ −8.51% | ▼ −9.37% | $178.69 (+7.08%) |
May 5, 2026 21w ago | 8-K | $191.76 $195.03 | ▲ +1.71% | ▼ −1.07% | $178.69 (−6.81%) |
US Market Status
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