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Insider Cluster (2 insiders) ·Filed Mar 19, 2026

MKTW

MARKETWISE, INC.
MIXED
Impact 5/10
Horizonweeks Processed7mo ago
Insider cluster: 2 insiders, $376K total
Actionable Insight ◆ Mixed

Monitor upcoming earnings or strategic announcements; director buying may signal confidence, but CFO selling raises caution. Watch for follow-up trades or disclosures.

DirectionMixed
Confidencehigh
Horizonweeks
Final: all horizons settled through T+60d ⚠ clustered
MKTW ▲ +14.46% at T+60d
NEUTRAL call +14.46% · α vs SPY +0.12% · entry $14.80 → $16.94
Entry = T+0 close
Mar 18, 2026
via day close
T+1d
+4.39%
call +4.39% · α +6.13%
$15.45
settled 7mo ago
T+5d
+26.22%
call +26.22% · α +28.43%
$18.68
settled 7mo ago
T+20d
+14.86%
call +14.86% · α +7.24%
$17.00
settled 7mo ago
T+60d
+14.46%
call +14.46% · α +0.12%
$16.94
settled 5mo ago

Price Chart

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Executive Summary

A recent insider trading cluster at MarketWise shows mixed activity: Director Frank Porter purchased over $477K in shares across two days, while CFO Erik Mickels sold $140K in shares. The offsetting moves suggest diverging views, with a net buying bias from a director but selling from the CFO.

Key Financial Metrics

Direction
buying
Total Value
$617.8K
Insiders
2

Key Facts

  • Director Frank Porter bought 33,103 shares for $477,710.84 in open-market transactions on March 18–20, 2026.
  • CFO Erik Mickels sold 10,000 shares for $140,099.82 in open-market transactions on March 18–19, 2026.
  • Total cluster value: $617,810.66, with net insider buying of $337,611.
  • Cluster represents ~0.25% of MKTW's $248M market cap — modest but notable.
  • Both executives traded in the same week, suggesting potential reaction to near-term developments.

Financial Impact

Net insider buying of $337,611 over 7 days, representing 0.14% of market cap

insider sentimentmarket perception

Risk Factors

  • CFO selling could indicate concern about valuation or near-term performance.
  • Director purchases may be part of a long-term personal strategy and not reflective of material non-public information.

Market Snapshot

Exchange
Nasdaq

Investment Themes

Software & IT

Documents Analyzed

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

DocumentAccession Number
CONTEXT: Insider Cluster Data (4 trades, 7d window)cluster-MKTW-1774304358564
15 reports for MKTW
Performance horizon
100% Hit rate @ T+20 6 of 6 directional calls Went positive at some point 6 of 6 best @ T+20▲ +28.87%Mar 6, 2026
Filters
Rows
Reports for MKTW, sortable and filterable
TypeNow
Oct 27, 2026
today
Press Release
NEUTRAL ★ 2/10
$19.20awaiting T+20awaiting T+20$19.70 (+2.60%)
Sep 24, 2026
4w ago
8-K
BEARISH ★ 5/10
$19.15 $18.47▲ +3.55%▲ +3.13%$19.70 (−2.87%)
Aug 6, 2026
11w ago
Press Release
MIXED ★ 6/10
$21.34 $18.17▼ −14.85%▼ −15.45%$19.70 (−7.69%)
Jul 9, 2026
15w ago
Press Release
BULLISH ★ 6/10
$20.16 $20.25▲ +0.45%▼ −1.98%$19.70 (−2.28%)
Jul 2, 2026
16w ago
Insider Cluster
NEUTRAL ★ 3/10
$18.86 $19.93▲ +5.67%▲ +6.09%$19.70 (+4.45%)
May 7, 2026
24w ago
8-K
BEARISH ★ 6/10
$16.63 $16.53▲ +0.60%▲ +3.74%$19.70 (−18.46%)
May 7, 2026
24w ago
Press Release
MIXED ★ 7/10
$16.63 $16.53▼ −0.60%▼ −3.74%$19.70 (+18.46%)
May 5, 2026
25w ago
Press Release
NEUTRAL ★ 3/10
$16.77 $16.53▼ −1.40%▼ −4.18%$19.70 (+17.51%)
Apr 17, 2026
27w ago
DEFA14A
NEUTRAL ★ 3/10
$17.03 $16.60▼ −2.52%▼ −6.73%$19.70 (+15.68%)
Apr 13, 2026
28w ago
8-K
BULLISH ★ 8/10
$16.26 $18.64▲ +14.64%▲ +8.34%$19.70 (+21.16%)
Showing 10 of 15

US Market Status

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Report published Mar 23, 2026