The cluster is too small to warrant a bearish read-through. Monitor for larger insider sales or any accompanying filing (e.g., earnings, material agreement) that could provide context. Without such, this is noise.
Price Chart
Executive Summary
Three directors at Perion Network sold a combined $66K worth of PERI shares in open-market transactions on July 1, 2026. The total sale represents only ~0.018% of the company's $377M market cap, making the cluster immaterial in scale and unlikely to carry a bearish signal. The sales appear routine, likely driven by personal portfolio management, and do not suggest any material non-public adverse information.
Key Financial Metrics
Key Facts
- Three directors sold shares on July 1, 2026: Michael Vorhaus (2,160 shares @ $9.70), Eyal Kaplan (2,916 shares @ $9.77), Sharon Marcus Joy (1,689 shares @ $9.77)
- Total sale value: $66K, representing ~0.018% of Perion's $377M market capitalization
- All transactions were open-market sales, not option exercises or tax withholdings
Financial Impact
Trivial — $66K is less than 0.02% of market cap; no material impact on share count or market perception
Risk Factors
- If additional insider sales emerge in higher volume or from C-suite executives, the pattern could gain significance.
- Perion's historical performance of insider clusters has been poor for bearish signals; this sale is too small to change the view.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PERI-1783008722045 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 26, 2026 5w ago | 6-K | $9.52 $8.68 | ▼ −8.82% | ▼ −9.05% | $8.50 (−10.71%) |
Aug 10, 2026 7w ago | 6-K | $9.81 $8.94 | ▲ +8.87% | ▲ +7.95% | $8.50 (+13.35%) |
Jul 20, 2026 10w ago | 6-K | $9.63 $9.68 | ▲ +0.52% | ▼ −3.60% | $8.50 (−11.73%) |
Jul 2, 2026 13w ago | Insider Cluster | $9.40 $9.58 | ▲ +1.91% | ▲ +2.33% | $8.50 (−9.57%) |
Jul 2, 2026 13w ago | Insider Cluster | $9.40 $9.58 | ▲ +1.91% | ▲ +2.33% | $8.50 (−9.57%) |
Jun 29, 2026 13w ago | 6-K | $9.44 $9.32 | ▼ −1.27% | ▼ −0.99% | $8.50 (−9.96%) |
Jun 16, 2026 15w ago | 6-K | $8.63 $9.34 | ▲ +8.23% | ▲ +8.03% | $8.50 (−1.51%) |
May 20, 2026 19w ago | 6-K | $9.01 $8.51 | ▼ −5.55% | ▼ −6.29% | $8.50 (−5.66%) |
Apr 23, 2026 23w ago | 6-K | $10.23 $9.01 | ▼ −11.93% | ▼ −16.56% | $8.50 (−16.91%) |
Apr 1, 2026 26w ago | Insider Cluster | $9.82 $10.27 | ▲ +4.58% | ▼ −5.14% | $8.50 (−13.44%) |
US Market Status
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