No actionable signal from this immaterial insider cluster. Monitor for any upcoming earnings or material events that could drive insider activity, but the current data does not warrant a trading response.
Price Chart
Executive Summary
Two Edwards Lifesciences insiders (CEO Bernard Zovighian and CVP Wayne Markowitz) sold a total of ~$1.06M in open-market transactions over two days. The aggregate sales represent approximately 0.002% of the company's $47.8B market cap, making the cluster economically negligible. No material signal for the stock.
Key Financial Metrics
Key Facts
- CEO Bernard Zovighian sold 2,920 shares at $83.93 for $245K on 2026-07-27.
- CVP Wayne Markowitz sold 9,628 shares at $85.06 for $819K on 2026-07-28.
- Total open-market sales: $1.06M, or 0.002% of $47.8B market cap.
- Markowitz also exercised derivatives (non-cash) as part of the same transaction.
- Historical EW insider cluster reports have shown strong positive T+20 returns (avg +6.02%), but this cluster is too small to be informative.
Financial Impact
Insider sales total ~$1.06M, negligible relative to $47.8B market cap.
Risk Factors
- Even small insider sales can occasionally precede negative news, but the size here is trivial.
- CEO sale could be for diversification/tax purposes; no unusual pattern detected.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-EW-1785283440497 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 31, 2026 4w ago | Insider Cluster | $90.74 $86.32 | ▼ −4.87% | ▼ −5.19% | $85.15 (−6.16%) |
Aug 28, 2026 5w ago | Insider Cluster | $90.21 $86.29 | ▼ −4.35% | ▼ −4.85% | $85.15 (−5.61%) |
Aug 26, 2026 5w ago | Insider Cluster | $89.95 $85.47 | ▼ −4.99% | ▼ −4.88% | $85.15 (−5.34%) |
Aug 10, 2026 7w ago | Court Ruling | $91.94 $86.72 | ▼ −5.67% | ▼ −4.76% | $85.15 (−7.38%) |
Jul 30, 2026 9w ago | Insider Cluster | $86.07 $90.21 | ▲ +4.81% | ▲ +1.82% | $85.15 (−1.07%) |
Jul 28, 2026 9w ago | Insider Cluster | $85.76 $90.78 | ▲ +5.85% | ▲ +0.83% | $85.15 (−0.71%) |
May 29, 2026 17w ago | Insider Cluster | $88.17 $91.18 | ▲ +3.42% | ▲ +5.73% | $85.15 (−3.42%) |
May 18, 2026 19w ago | Insider Cluster | $82.11 $88.58 | ▲ +7.88% | ▲ +5.62% | $85.15 (+3.71%) |
May 18, 2026 19w ago | Insider Cluster | $82.11 $88.58 | ▲ +7.88% | ▲ +5.62% | $85.15 (+3.71%) |
May 8, 2026 21w ago | 8-K | $77.08 $87.54 | ▲ +13.57% | ▲ +13.88% | $85.15 (+10.47%) |
US Market Status
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