The selling is sub-material relative to market cap and involves only a director and an SVP — no C-suite participation. Per the asymmetry rule for insider sales, cluster sells are not amplified. Monitor for any 8-K or 10-Q filing that could explain the timing, but the pattern is consistent with routine 10b5-1 plan execution. No immediate trading signal.
Price Chart
Executive Summary
Director Keith Meister sold ~$21.1M of ILMN stock over a 5-day window (Aug 21-27), with the bulk at ~$225-231. SVP Wedel Christensen also sold $198K. At a $34B market cap, the total is ~0.06% — below the 0.1% materiality threshold. The sales are large in absolute terms but proportional to a director's likely holdings and occur in a tight cluster, suggesting a planned 10b5-1 program or portfolio rebalancing rather than a bearish signal.
Key Financial Metrics
Key Facts
- Director Keith Meister sold 20 separate open-market trades totaling ~$21.1M at prices from $210.45 to $231.23
- SVP Jakob Wedel Christensen sold 1,000 shares for $198K on Aug 18
- Total insider selling of ~$21.3M represents ~0.06% of ILMN's $34B market cap
- No C-suite executives (CEO/CFO) participated in the selling cluster
- Prior 30-day insider activity shows $55.7M in total sells, consistent with ongoing routine selling patterns
Financial Impact
$21.3M in open-market sales, ~0.06% of market cap
Risk Factors
- Director selling at increasing prices ($210 to $231) could indicate profit-taking ahead of a potential peak
- If this selling is not part of a pre-arranged 10b5-1 plan, it may signal reduced conviction from a board member
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ILMN-1787873792464 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 27, 2026 5w ago | Insider Cluster | $215.59 $271.90 | ▲ +26.12% | ▲ +25.86% | $273.04 (+26.65%) |
Aug 21, 2026 5w ago | Insider Cluster | $223.22 $239.62 | ▼ −7.35% | ▼ −7.33% | $273.04 (−22.32%) |
Aug 17, 2026 6w ago | 8-K | $188.29 $227.46 | ▲ +20.80% | ▲ +21.79% | $273.04 (+45.01%) |
Aug 12, 2026 7w ago | 8-K | $192.91 $201.27 | ▲ +4.33% | ▲ +6.23% | $273.04 (+41.54%) |
Aug 6, 2026 8w ago | Insider Cluster | $193.72 $220.65 | ▼ −13.90% | ▼ −13.30% | $273.04 (−40.95%) |
Aug 6, 2026 8w ago | Insider Cluster | $192.37 $220.65 | ▼ −14.70% | ▼ −14.10% | $273.04 (−41.94%) |
Jun 4, 2026 17w ago | Insider Cluster | $162.32 $194.33 | ▲ +19.72% | ▲ +17.86% | $273.04 (+68.21%) |
Jun 1, 2026 17w ago | Insider Cluster | $161.83 $183.89 | ▲ +13.63% | ▲ +15.45% | $273.04 (+68.72%) |
Jun 1, 2026 17w ago | Insider Cluster | $161.83 $183.89 | ▲ +13.63% | ▲ +15.45% | $273.04 (+68.72%) |
May 28, 2026 18w ago | Court Ruling | $157.81 $177.65 | ▼ −12.57% | ▼ −15.26% | $273.04 (−73.02%) |
US Market Status
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