The cluster is too small relative to market cap to be informative. Monitor for any material corporate events (earnings, guidance, catastrophe losses) that could explain the CEO's sale, but standalone this is routine portfolio diversification.
Price Chart
Executive Summary
Two HRTG insiders, including the CEO and Chief Accounting Officer, sold a combined $310K in open-market sales over a week. The CEO sold $88K at $35.10 and the CAO sold $222K at $33.81. While the CEO sale is notable, the total dollar value is only ~0.03% of the $1.0B market cap, making this a trivial cluster relative to company size. Per the asymmetric calibration, insider sales are weak predictors and this cluster does not warrant a bearish read.
Key Financial Metrics
Key Facts
- CEO Ernie J. Garateix sold 2,500 shares at $35.10 for $88K on 2026-09-03
- CAO Sharon Binnun sold 6,565 shares at $33.81 for $222K on 2026-09-09
- Total cluster value of $310K represents ~0.03% of HRTG's $1.0B market cap
- Recent 30-day insider activity shows 8 sells totaling $1.8M, consistent with routine liquidity-driven selling
Financial Impact
Total insider sales of $310K, or ~0.03% of market cap
Risk Factors
- Insider sales could accelerate if the stock continues to appreciate
- Insurance sector faces catastrophe loss risk that could impact earnings
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-HRTG-1789193331977 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | 144 | $36.98 $37.08 | ▲ +0.27% | ▼ −0.25% | $36.54 (−1.19%) |
Oct 19, 2026 7d ago | Press Release | $36.98 | awaiting T+1 | — | $36.54 (−1.19%) |
Sep 25, 2026 4w ago | SC 13G/A | $33.26 $33.49 | ▲ +0.69% | ▲ +0.88% | $36.54 (+9.86%) |
Sep 22, 2026 4w ago | Insider Cluster | $33.07 $33.18 | ▲ +0.33% | ▲ +0.41% | $36.54 (+10.49%) |
Sep 18, 2026 5w ago | 144 | $34.15 $33.50 | ▼ −1.90% | ▼ −1.89% | $36.54 (+7.00%) |
Sep 16, 2026 5w ago | Insider Cluster | $35.42 $34.42 | ▲ +2.82% | ▲ +2.70% | $36.54 (−3.16%) |
Sep 11, 2026 6w ago | Insider Cluster | $35.09 $34.78 | ▼ −0.88% | ▼ −0.42% | $36.54 (+4.13%) |
Sep 8, 2026 6w ago | Insider Cluster | $34.05 $34.53 | ▼ −1.41% | ▼ −2.01% | $36.54 (−7.31%) |
Aug 26, 2026 8w ago | Insider Cluster | $34.15 $33.86 | ▲ +0.85% | ▲ +0.62% | $36.54 (−7.00%) |
Aug 21, 2026 9w ago | Insider Cluster | $34.59 $34.20 | ▼ −1.13% | ▼ −1.45% | $36.54 (+5.64%) |
US Market Status
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