Insider Cluster (4 insiders) ·Filed Aug 13, 2026

ICUI

ICU MEDICAL INC/DE
BEARISH
Impact 5/10
Horizondays Processed1mo ago
Insider cluster: 4 insiders, $3.1M total
Actionable Insight ▼ Bearish

The cluster of C-suite and divisional leadership selling into strength is a cautionary signal. Monitor for upcoming earnings or material news that could explain the coordinated selling. If the stock continues to rally without fundamental justification, consider reducing exposure given insider conviction is skewed bearish.

DirectionBearish
Confidencemedium
Horizondays
Latest settled — T+20d
ICUI ▼ -13.87% at T+20d
SHORT call ✓ call won +13.87% · α vs SPY +11.88% · entry $182.98 → $157.60
Next anchor: T+60d in 5w
Latest observation: T+33 +20.46% FF3 residual α
Entry anchored
Aug 13, 2026
via day open
T+1d
-0.26%
call +0.26% · α -0.22%
$182.51
settled 7w ago
T+5d
-0.08%
call +0.08% · α -1.29%
$182.84
settled 6w ago
T+20d
-13.87%
call +13.87% · α +11.88%
$157.60
settled 21d ago
T+60d
—
call — · α —
—
in 5w

Price Chart

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Executive Summary

Four ICUI insiders, including the COO and VP-GM of Infusion Capital, sold a total of ~$3.09M in open-market sales over a 7-day window. The COO alone sold $1.63M, representing the largest single trade. While the dollar amount is modest relative to ICUI's $4.5B market cap (~0.07%), the cluster of C-suite and divisional leadership selling simultaneously warrants attention, especially given the stock's strong recent performance (+21% T+20 on a prior neutral report).

Key Financial Metrics

Direction
selling
Total Value
$3.1M
Insiders
4

Key Facts

  • 4 insiders sold a total of ~$3.09M in open-market sales over 7 days
  • COO Christian Voigtlander sold $1.63M (8,929 shares at ~$182.93)
  • VP-GM of Infusion Capital Daniel Woolson sold $982K (5,417 shares at ~$181.33)
  • CIO Ben Sousa sold $401K (2,250 shares at ~$178.32)
  • Director Elisha Finney sold $69K (378 shares at ~$182.48)
  • Total sales represent ~0.07% of ICUI's $4.5B market cap
  • No insider purchases were reported in the same window
  • Stock has rallied significantly (+21% T+20 on a prior neutral report), providing a favorable exit window

Financial Impact

~$3.09M in insider sales, ~0.07% of market cap

insider ownershipmarket sentiment

Risk Factors

  • Insider sales may be pre-planned 10b5-1 trades, reducing informational content
  • Stock has strong analyst support (92% bullish consensus), which may offset insider selling
  • Sales are small relative to market cap and may be routine portfolio rebalancing

Market Snapshot

Exchange
Nasdaq
Sector
Surgical & Medical Instruments & Apparatus
Analyst Consensus
92% bullish (13 analysts)

Investment Themes

Healthcare & Medical Devices

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-ICUI-1786661813164
6 reports for ICUI
Performance horizon
Filters
Rows
Reports for ICUI — sortable, filterable
TypeNow
Sep 3, 2026
28d ago
Insider Cluster
NEUTRAL ★ 4/10
$167.58 $157.60▼ −5.96%▼ −4.75%$160.05 (−4.49%)
Aug 13, 2026
7w ago
Insider Cluster
BEARISH ★ 5/10
$182.98 $182.84▲ +0.08%▼ −1.29%$160.05 (+12.53%)
Aug 12, 2026
7w ago
Insider Cluster
NEUTRAL ★ 4/10
$179.34 $187.26▲ +4.42%▲ +4.86%$160.05 (−10.75%)
Aug 11, 2026
7w ago
Insider Cluster
NEUTRAL ★ 3/10
$179.34 $187.26▲ +4.42%▲ +4.86%$160.05 (−10.75%)
May 15, 2026
20w ago
Insider Cluster
NEUTRAL ★ 3/10
$118.72 $133.31▲ +12.29%▲ +11.33%$160.05 (+34.82%)
Apr 23, 2026
23w ago
Press Release
NEUTRAL ★ 3/10
$124.55 $115.45▼ −7.31%▼ −8.78%$160.05 (+28.51%)
Showing 6 of 6

US Market Status

Market Open — Closes in 3h 40m

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Report published Aug 13, 2026