The insider selling is negligible relative to market cap and carries no informational signal. Monitor for any material corporate events (earnings, M&A, regulatory decisions) that could explain the sales, but no immediate action warranted.
Price Chart
Executive Summary
Three Guardant Health insiders, including the Chief Legal Officer and Chief Commercial Officer, sold a total of $4.28M in open-market sales over a 7-day window. The CCO's $2.9M sale is the largest, representing about 0.024% of the $17.7B market cap, which is trivial. The cluster is entirely sells with no buys, but the dollar amounts are immaterial relative to company size, and the sales are likely liquidity-driven or part of routine 10b5-1 plans.
Key Financial Metrics
Key Facts
- Three insiders sold a total of $4.28M in open-market sales from May 22-28, 2026.
- Chief Commercial Officer Chris Freeman sold 24,400 shares for $2.90M at $118.67.
- Chief Legal Officer John Saia sold 9,994 shares for $1.25M at $125.08.
- Director Manuel Hidalgo Medina sold 1,000 shares for $130K at $130.06.
- Total sales represent ~0.024% of Guardant Health's $17.7B market cap.
- No insider purchases were reported in the cluster.
Financial Impact
Total insider sales of $4.28M, representing ~0.024% of market cap — immaterial.
Risk Factors
- Insider sales could be misinterpreted as bearish by retail traders despite being immaterial.
- If the CCO's sale is part of a 10b5-1 plan, it is non-informative; if not, it may reflect personal liquidity needs.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-GH-1780090262229 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 24, 2026 5w ago | Insider Cluster | $163.18 $177.16 | ▲ +8.57% | ▲ +7.25% | $177.80 (+8.96%) |
Aug 13, 2026 7w ago | Insider Cluster | $157.21 $167.84 | ▲ +6.76% | ▲ +8.75% | $177.80 (+13.10%) |
Aug 13, 2026 7w ago | Insider Cluster | $157.21 $167.84 | ▲ +6.76% | ▲ +8.75% | $177.80 (+13.10%) |
Aug 11, 2026 7w ago | Insider Cluster | $165.11 $159.03 | ▼ −3.68% | ▼ −1.78% | $177.80 (+7.69%) |
Aug 11, 2026 7w ago | Insider Cluster | $165.11 $159.03 | ▼ −3.68% | ▼ −1.78% | $177.80 (+7.69%) |
Aug 6, 2026 8w ago | Insider Cluster | $168.48 $161.41 | ▼ −4.20% | ▼ −3.80% | $177.80 (+5.53%) |
Jul 30, 2026 9w ago | S-3ASR | $161.99 $161.49 | ▼ −0.31% | ▼ −3.29% | $177.80 (+9.76%) |
Jun 30, 2026 13w ago | Insider Cluster | $170.77 $144.07 | ▼ −15.64% | ▼ −13.45% | $177.80 (+4.12%) |
Jun 22, 2026 14w ago | 144 | $130.83 $148.07 | ▲ +13.18% | ▲ +12.02% | $177.80 (+35.90%) |
Jun 16, 2026 15w ago | Court Ruling | $127.34 $160.11 | ▼ −25.73% | ▼ −25.53% | $177.80 (−39.63%) |
US Market Status
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