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Insider Cluster (3 insiders) ·Filed May 19, 2026

MAX

MediaAlpha, Inc.
NEUTRAL
Impact 2/10
Horizondays Processed5mo ago
Insider cluster: 3 insiders, $0.2M total
Actionable Insight • Neutral

The dollar value is too small to signal insider concern; it likely reflects routine diversification or tax planning. No trade action warranted. Monitor the next 10-Q for any fundamental deterioration that would justify a larger sell-off.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
MAX ▲ +57.54% at T+60d
NEUTRAL call +57.54% · α vs SPY +52.53% · entry $8.36 → $13.17
Entry = T+0 close
May 19, 2026
via day close
T+1d
-1.08%
call -1.08% · α -1.27%
$8.27
settled 5mo ago
T+5d
+3.35%
call +3.35% · α +2.11%
$8.64
settled 5mo ago
T+20d
+21.17%
call +21.17% · α +20.43%
$10.13
settled 4mo ago
T+60d
+57.54%
call +57.54% · α +52.53%
$13.17
settled 2mo ago

Price Chart

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Executive Summary

Three MediaAlpha officers (General Counsel, CTO, and CRO) sold a total of $242K in stock over a one-week window. At 0.047% of the $516M market cap, the aggregate dollar amount is trivial and well below the materiality threshold for actionable insider signals.

Key Financial Metrics

Direction
selling
Total Value
$242.0K
Insiders
3

Key Facts

  • Total insider sales: $242K across 3 executives (0.047% of market cap).
  • Chief Revenue Officer sold $105K, CTO sold $97K, General Counsel sold $40K.
  • All sales occurred on May 15, 2025 at ~$8.05-$8.10 per share.
  • No open-market purchases were filed in this window.

Financial Impact

Negligible — $242K is less than 0.05% of market cap.

insider_equity_reduction

Risk Factors

  • Though small, a cluster of three officers selling contemporaneously could indicate caution ahead of an unknown event.
  • Historical P&L for neutral reports on this ticker has been volatile, but no pattern of predictive selling emerges at this scale.

Market Snapshot

Exchange
NYSE
Sector
Services-Business Services, NEC
Analyst Consensus
75% bullish (12 analysts)

Investment Themes

Software & IT

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-MAX-1779490378789
39 reports for MAX
Performance horizon
73% Hit rate @ T+20 8 of 11 directional calls Went positive at some point 10 of 12 best @ T+60▲ +28.53%Jul 8, 2026
Filters
Rows
Reports for MAX — sortable, filterable
TypeNow
Oct 26, 2026
today
144
NEUTRAL ★ 3/10
$11.88awaiting T+20—$11.88 (+0.00%)
Oct 21, 2026
5d ago
Insider Cluster
NEUTRAL ★ 2/10
$12.41awaiting T+20—$11.88 (−4.27%)
Oct 13, 2026
13d ago
144
BEARISH ★ 5/10
$10.47awaiting T+20—$11.88 (−13.47%)
Oct 8, 2026
18d ago
144
NEUTRAL ★ 2/10
$10.09awaiting T+20—$11.88 (+17.74%)
Sep 23, 2026
4w ago
Insider Cluster
NEUTRAL ★ 2/10
$9.45 $12.41▲ +31.32%▲ +31.74%$11.88 (+25.71%)
Sep 16, 2026
5w ago
Insider Cluster
BEARISH ★ 4/10
$10.57 $11.68▼ −10.50%▼ −9.30%$11.88 (−12.39%)
Sep 10, 2026
6w ago
Insider Cluster
BEARISH ★ 5/10
$11.65 $10.09▲ +13.39%▲ +15.26%$11.88 (−1.97%)
Sep 9, 2026
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$11.74 $10.68▼ −9.03%▼ −11.15%$11.88 (+1.19%)
Sep 3, 2026
7w ago
8-K / PRESS-RELEASE
BULLISH ★ 6/10
$12.22 $9.62▼ −21.28%▼ −20.09%$11.88 (−2.78%)
Sep 2, 2026
7w ago
Insider Cluster
NEUTRAL ★ 2/10
$12.22 $9.62▼ −21.28%▼ −20.09%$11.88 (−2.78%)
Showing 10 of 39

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Report published May 22, 2026