Insider Cluster (3 insiders) ·Filed Jul 1, 2026

PGEN

PRECIGEN, INC.
BEARISH
Impact 5/10
Horizonweeks Processed3mo ago
Insider cluster: 3 insiders, $2.5M total
Actionable Insight ▼ Bearish

The entire C-suite (CEO, CFO, COO) sold shares in a coordinated 3-day window, with the CEO and COO exercising options at $2.33 before selling at ~$5.85. While the dollar amount is modest relative to market cap, the unanimity of selling across all three top executives is a bearish signal. The CFO's additional sale on July 1 extends the pattern. Given the 78% analyst bullish consensus, there is a notable sentiment disconnect. Monitor for any upcoming pipeline data readout, financing announcement, or partnership news that may have prompted this concentrated selling. The historical calibration shows score-7 reports on PGEN have only 31-40% probability of an up-move at T+20, with mean loss exceeding mean win — suggesting the market often fades bearish reads on this name, but the unanimity of C-suite selling warrants attention.

DirectionBearish
Confidencemedium
Horizonweeks
Latest settled — T+60d
PGEN ▲ +36.52% at T+60d
SHORT call ✗ call lost -36.52% · α vs SPY -33.52% · entry $5.64 → $7.70
Next anchor: T+1d due 3mo ago
Entry anchored
Jul 1, 03:59 PM ET
via exchange tick
T+1d
—
call — · α —
—
due 3mo ago
T+5d
-1.95%
call +1.95% · α +2.88%
$5.53
settled 3mo ago
T+20d
+5.32%
call -5.32% · α -5.73%
$5.94
settled 2mo ago
T+60d
+36.52%
call -36.52% · α -33.52%
$7.70
settled 7d ago

Price Chart

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Executive Summary

Three top executives at Precigen (CEO, CFO, COO) sold a combined $2.46M in open-market stock on June 29, 2026, with the CEO alone selling $2.04M. The CFO also sold an additional $948K on July 1. These sales follow option exercises at $2.33 strike, locking in substantial gains near the current ~$5.80 price. While the dollar amount is modest relative to the $1.9B market cap (~0.13%), the cluster involves the entire C-suite executing near-simultaneous sales, which carries elevated informational weight per the insider-trading literature.

Key Financial Metrics

Direction
selling
Total Value
$2.5M
Insiders
3

Key Facts

  • CEO Helen Sabzevari sold 346,836 shares for $2.04M on June 29, 2026 at $5.89
  • CFO Harry Thomasian sold 28,571 shares for $165K on June 29 and an additional 171,429 shares for $948K on July 1
  • COO Rutul Shah sold 42,924 shares for $251K on June 29 after exercising options at $2.33
  • Total open-market sales by the three top executives: ~$3.4M (including CFO's July 1 sale)
  • All three C-suite officers sold within a 3-day window, with the CEO and COO exercising options first
  • Total cluster value of $2.46M represents ~0.13% of PGEN's $1.9B market cap
  • Prior 30-day insider activity showed 4 sells totaling $3.4M, indicating sustained selling pressure

Financial Impact

Total insider sales of $2.46M in the cluster window, plus $948K from the CFO on July 1, bringing the 3-day total to ~$3.4M. This represents ~0.18% of PGEN's $1.9B market cap.

insider ownershipfloat

Risk Factors

  • Coordinated C-suite selling may signal insider concern about upcoming pipeline data or financing needs
  • CEO and COO exercised options at $2.33 before selling at ~$5.85, locking in ~150% gains — profit-taking is natural but the unanimity is notable
  • Prior 30-day insider activity already showed $3.4M in sales, suggesting sustained distribution
  • Historical calibration shows score-7 reports on PGEN have only 31-40% observed probability of up-move at T+20, with mean loss exceeding mean win — suggesting the market often fades bearish reads on this name

Market Snapshot

Exchange
Nasdaq
Sector
Pharmaceutical Preparations
Analyst Consensus
78% bullish (9 analysts)

Investment Themes

Biotech & Drug Discovery

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-PGEN-1782976439748
12 reports for PGEN
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for PGEN — sortable, filterable
TypeNow
Aug 29, 2026
4w ago
Insider Cluster
NEUTRAL ★ 3/10
$6.93 $7.94▲ +14.57%▲ +14.51%$8.30 (+19.70%)
Aug 26, 2026
5w ago
144
NEUTRAL ★ 3/10
$7.19 $7.70▲ +7.09%▲ +7.60%$8.30 (+15.37%)
Aug 25, 2026
5w ago
Insider Cluster
BEARISH ★ 4/10
$7.42 $7.70▼ −3.77%▼ −3.55%$8.30 (−11.79%)
Aug 25, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$7.42 $7.70▲ +3.77%▲ +3.55%$8.30 (+11.79%)
Aug 7, 2026
7w ago
Insider Cluster
NEUTRAL ★ 2/10
$7.00 $6.87▼ −1.86%▼ −0.94%$8.30 (+18.50%)
Aug 3, 2026
8w ago
Insider Cluster
NEUTRAL ★ 2/10
$6.53 $6.86▲ +5.05%▲ +6.29%$8.30 (+27.03%)
Jul 1, 2026
13w ago
Insider Cluster
BEARISH ★ 5/10
$5.64 $5.94▼ −5.32%▼ −5.73%$8.30 (−47.07%)
Jun 24, 2026
14w ago
8-K
NEUTRAL ★ 3/10
$5.52 $5.54▲ +0.36%▼ −0.17%$8.30 (+50.27%)
Jun 1, 2026
17w ago
Insider Cluster
NEUTRAL ★ 3/10
$3.86 $5.25▲ +36.01%▲ +37.58%$8.30 (+114.90%)
Jun 1, 2026
17w ago
Insider Cluster
NEUTRAL ★ 3/10
$3.86 $5.25▲ +36.01%▲ +37.58%$8.30 (+114.90%)
Showing 10 of 12

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Report published Jul 2, 2026