The CEO's sale is a single small transaction, likely liquidity-driven. With no insider buying and the dollar amount immaterial relative to market cap, this cluster provides no actionable signal. Monitor for larger insider sales or any insider buying to gauge conviction.
Price Chart
Executive Summary
Two GWRE insiders, including CEO Michael Rosenbaum, sold a combined $386K in open-market sales over a 5-day window. The CEO's sale at $138.47 near the stock's recent high is notable, but the dollar amount is trivial relative to GWRE's $11.3B market cap (0.003%). Historical calibration shows past bullish/long calls on GWRE have underperformed significantly (avg T+20 P&L -4.69%, 33% win rate), and score-7/8 calls have had poor observed up-move rates (31-48%). This cluster is too small to be informative.
Key Financial Metrics
Key Facts
- CEO Michael Rosenbaum sold 1,200 shares at $138.47 for $166K on 2026-07-13
- CAO/GC James King sold 1,684 shares at $130.64 for $220K on 2026-07-09
- Total cluster value of $386K represents ~0.003% of GWRE's $11.3B market cap
- No insider buying in the cluster; net direction is selling
Financial Impact
Trivial — $386K in insider sales against $11.3B market cap (0.003%)
Risk Factors
- CEO selling near a recent high could be interpreted negatively by momentum traders
- No insider buying to offset the selling signal
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-GWRE-1783976515351 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 1, 2026 4w ago | Insider Cluster | $192.76 $142.58 | ▼ −26.03% | ▼ −25.70% | $152.15 (−21.07%) |
Aug 27, 2026 5w ago | Insider Cluster | $201.09 $149.72 | ▼ −25.55% | ▼ −25.44% | $152.15 (−24.34%) |
Aug 26, 2026 5w ago | Insider Cluster | $201.09 $149.72 | ▼ −25.55% | ▼ −25.44% | $152.15 (−24.34%) |
Aug 24, 2026 5w ago | Insider Cluster | $188.34 $152.89 | ▼ −18.82% | ▼ −19.07% | $152.15 (−19.22%) |
Aug 20, 2026 6w ago | Insider Cluster | $181.79 $144.29 | ▼ −20.63% | ▼ −20.63% | $152.15 (−16.30%) |
Jul 13, 2026 11w ago | Insider Cluster | $140.71 $176.65 | ▲ +25.54% | ▲ +23.05% | $152.15 (+8.13%) |
Jul 9, 2026 12w ago | Insider Cluster | $136.13 $170.53 | ▲ +25.27% | ▲ +22.84% | $152.15 (+11.77%) |
Jun 29, 2026 13w ago | Insider Cluster | $123.05 $149.28 | ▲ +21.32% | ▲ +22.34% | $152.15 (+23.65%) |
Jun 17, 2026 15w ago | Insider Cluster | $111.17 $148.91 | ▼ −33.95% | ▼ −32.63% | $152.15 (−36.86%) |
Jun 16, 2026 15w ago | 144 | $111.17 $148.91 | ▲ +33.95% | ▲ +32.63% | $152.15 (+36.86%) |
US Market Status
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