The $1.0M insider sell cluster is small relative to market cap and likely reflects routine portfolio diversification or tax planning rather than a bearish view on the business. Monitor for any upcoming earnings or pipeline updates that could explain the timing, but the low proportionality (0.07%) and weak historical calibration for MAZE reports suggest no immediate trading action is warranted.
Price Chart
Executive Summary
CEO Jason Coloma and CSBO Atul Dandekar sold a combined $1.0M in MAZE shares over a 7-day window, with the CEO alone selling 30.3K shares worth $810K on August 3. This cluster represents 0.07% of the $1.5B market cap — a modest but notable insider sell-off at a time when the stock is near its highs and the analyst consensus is 94% bullish. The historical calibration shows past MAZE reports have underperformed (avg T+20 alpha -4.22%, 30% win rate), and the cluster's dollar value is below the 0.1% threshold for materiality, suggesting this is routine liquidity-driven selling rather than a bearish signal.
Key Financial Metrics
Key Facts
- CEO Jason Coloma sold 30,304 shares at $26.71 for $810K on 2026-08-03
- CSBO Atul Dandekar sold 7,100 shares at $27.31 for $194K on 2026-07-29
- Total cluster value: $1.0M, representing 0.07% of $1.5B market cap
- Both sales are open-market (code S) — no 10b5-1 plan noted
- Stock is trading near $27, with 94% analyst bullish consensus
Financial Impact
Insider sales of $1.0M represent 0.07% of market cap — immaterial from a supply/demand perspective
Risk Factors
- Insider selling could accelerate if the stock continues to rise
- No 10b5-1 plan disclosed — sales may be opportunistic
- Historical MAZE reports have poor T+20 performance (avg alpha -4.22%)
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-MAZE-1786004261996 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 4, 2026 27d ago | Insider Cluster | $26.37 $24.23 | ▼ −8.12% | ▼ −7.00% | $26.69 (+1.20%) |
Sep 4, 2026 27d ago | Insider Cluster | $26.37 $24.23 | ▼ −8.12% | ▼ −7.00% | $26.69 (+1.20%) |
Sep 3, 2026 29d ago | Insider Cluster | $25.87 $24.60 | ▼ −4.91% | ▼ −3.76% | $26.69 (+3.16%) |
Sep 2, 2026 29d ago | 144 | $25.87 $24.60 | ▼ −4.91% | ▼ −3.76% | $26.69 (+3.16%) |
Sep 1, 2026 4w ago | 144 | $26.72 $24.82 | ▼ −7.11% | ▼ −6.15% | $26.69 (−0.12%) |
Aug 17, 2026 6w ago | 3 | $29.13 $30.42 | ▲ +4.43% | ▲ +4.63% | $26.69 (−8.38%) |
Aug 11, 2026 7w ago | Press Release | $27.53 $29.75 | ▲ +8.06% | ▲ +8.51% | $26.69 (−3.06%) |
Aug 7, 2026 8w ago | Institutional Cluster | $28.65 $27.18 | ▼ −5.13% | ▼ −5.53% | $26.69 (−6.85%) |
Aug 5, 2026 8w ago | Insider Cluster | $27.81 $27.53 | ▼ −1.01% | ▼ −1.36% | $26.69 (−4.04%) |
Jul 2, 2026 13w ago | Insider Cluster | $31.26 $32.42 | ▲ +3.71% | ▲ +2.78% | $26.69 (−14.63%) |
US Market Status
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