This cluster is too small to be informative. Monitor for any upcoming earnings or regulatory catalysts, but no immediate action is warranted based on these sales alone.
Price Chart
Executive Summary
Two LivaNova directors sold a combined $460K in open-market sales over a one-week window, with Bianchi Francesco selling $273K at $78.01 and Brooke Story selling $187K at $81.42. The total value is only ~0.01% of LIVN's $4.3B market cap, making this a trivial insider cluster with no material signal. The sales are likely routine portfolio diversification, not a bearish indicator, especially given the company's 81% bullish analyst consensus and strong historical performance of prior reports on this ticker (+4.74% avg T+20 P&L). Monitor for any upcoming earnings or regulatory catalysts, but this cluster alone does not warrant action.
Key Financial Metrics
Key Facts
- Two directors sold a total of $460K in open-market sales (Bianchi: $273K at $78.01; Story: $187K at $81.42)
- Total sales represent ~0.01% of LIVN's $4.3B market cap, far below the 0.1% materiality threshold
- No C-suite executives participated; only non-executive directors sold
- LIVN has 81% bullish analyst consensus (6 Strong Buy, 7 Buy, 3 Hold)
Financial Impact
Total insider sales of $460K, or ~0.01% of market cap
Risk Factors
- Insider sales could precede a negative catalyst, but the dollar amount is too small to be predictive
- No C-suite participation reduces the signal value of the cluster
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-LIVN-1789419952644 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 18d ago | Insider Cluster | $79.47 $78.49 | ▼ −1.23% | ▼ −3.34% | $75.07 (−5.54%) |
Aug 5, 2026 8w ago | 8-K | $78.15 $80.78 | ▲ +3.37% | ▲ +3.02% | $75.07 (−3.93%) |
May 6, 2026 21w ago | 8-K | $66.26 $71.75 | ▲ +8.29% | ▲ +7.15% | $75.07 (+13.30%) |
Apr 29, 2026 22w ago | DEFA14A | $58.92 $66.26 | ▲ +12.46% | ▲ +9.35% | $75.07 (+27.41%) |
Feb 25, 2026 31w ago | 8-K | $70.29 $65.26 | ▼ −7.16% | ▼ −6.06% | $75.07 (+6.80%) |
US Market Status
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