No material signal from this insider cluster. CEO and CAO sold tiny amounts consistent with routine portfolio diversification. Monitor upcoming quarterly earnings (Aug/Sep) for fundamentals; ignore this filing for trading decisions.
Price Chart
Executive Summary
CEO and CAO/GC sold small open-market positions totaling $378K over a 4-day window. At a $11.3B market cap, this represents ~0.003% — negligible economic signal. The CEO's and CAO/GC's trades are likewise trivial relative to their likely holdings. Per the insider-sale literature, cluster sells lack predictive power, and the dollar amounts here are well below any materiality threshold.
Key Financial Metrics
Key Facts
- CEO Michael Rosenbaum sold 1,200 shares ($158K) on 2026-07-06
- CAO/GC James King sold 1,684 shares ($220K) on 2026-07-09
- Total insider cluster volume: $378K against $11.3B market cap (~0.003%)
- Both transactions were open-market sales
- Historical calibration on this segment shows avg T+20 alpha of -0.19% after costs; past bullish calls on GWRE have underperformed
- All 7 cross-filing context combos are AMPLIFIERs, but the base signal is negligible — no amplification warranted
Financial Impact
Open-market sales totaling $378K, representing ~0.003% of GWRE's $11.3B market cap — economically trivial
Risk Factors
- None from this filing — the cluster is too small to be informative
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-1783634791231 |
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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