The $10M sale by 10% owner Thomas Powell is the dominant event — this is material in absolute dollars, though only ~0.1% of market cap. However, given the model's historical accuracy on bearish POWL calls (the prior score-8 short call produced -34.9% T+20) and the presence of both a 10% owner sale and a small EVP sale in the same window, the cluster warrants attention. Monitor for additional insider selling and any subsequent SEC filings (8-K, earnings) that might explain the disposition.
Price Chart
Executive Summary
10% owner Thomas W. Powell sold $10.0M of stock in an open-market sale, while EVP Metcalf sold a de minimis $52K and VP Hoglund surrendered shares for tax withholding. The $10.0M sale by the largest insider represents ~0.1% of POWL's $9.6B market cap — not large on a relative basis, but the absolute dollar size and the insider's role are notable.
Key Financial Metrics
Key Facts
- 10% owner Thomas W. Powell sold 34,000 shares on 2026-06-25 at ~$294.49 for total proceeds of $10.0M — an open-market sale
- EVP Michael William Metcalf sold 187 shares on 2026-06-30 at ~$280.05 for $52,369 — trivial amount
- VP Peter G. Hoglund surrendered 585 shares on 2026-06-26 for tax withholding (non-cash event) — $168,298 at $287.69
- Total cluster value is $10.22M, but $168K of that is tax withholding with no economic decision by the insider
- The $10M sale by 10% owner is ~0.1% of POWL's $9.6B market cap — below the 0.5% threshold for 'significant' by proportionality rules
- Prior reports on POWL have a strong 86% win rate at T+20, with the only bearish call (short, score=8) generating -34.91% T+20 — the model's bearish reads on this ticker have been highly predictive
- Institutional sentiment is positive: 67% bullish analyst consensus, top holders BlackRock ($761M) and Vanguard, with 7 add/double/new versus 4 trims in 13F data
Financial Impact
10% owner sold $10.0M worth of stock in a single open-market transaction
Risk Factors
- Largest insider reducing position could signal caution about valuation or near-term outlook at $9.6B market cap
- Insider cluster sales are less predictive than cluster buys per academic literature, limiting directional conviction
- The $10M sale is only 0.1% of market cap — within routine diversification territory for a 10% owner
- Analyst consensus is 67% bullish and institutional accumulation is positive, suggesting divergence from insider behavior
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-POWL-1782977418071 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 17, 2026 6w ago | Insider Cluster | $218.73 $171.37 | ▼ −21.65% | ▼ −19.67% | $190.60 (−12.86%) |
Aug 9, 2026 7w ago | Institutional Cluster | $207.22 $183.85 | ▼ −11.28% | ▼ −10.36% | $190.60 (−8.02%) |
Aug 3, 2026 8w ago | Press Release | $211.38 $172.14 | ▼ −18.56% | ▼ −17.33% | $190.60 (−9.83%) |
Jul 6, 2026 12w ago | Insider Cluster | $248.05 $208.68 | ▼ −15.87% | ▼ −15.31% | $190.60 (−23.16%) |
Jul 1, 2026 13w ago | Insider Cluster | $264.86 $186.39 | ▲ +29.63% | ▲ +27.44% | $190.60 (+28.04%) |
May 15, 2026 20w ago | Insider Cluster | $266.71 $292.70 | ▲ +9.75% | ▲ +8.16% | $190.60 (−28.54%) |
May 12, 2026 20w ago | Court Ruling | $308.05 $262.34 | ▼ −14.84% | ▼ −13.11% | $190.60 (−38.13%) |
May 5, 2026 21w ago | 8-K | $294.69 $299.07 | ▲ +1.49% | ▼ −3.47% | $190.60 (−35.32%) |
May 4, 2026 21w ago | Press Release | $294.69 $299.07 | ▲ +1.49% | ▼ −3.47% | $190.60 (−35.32%) |
Apr 20, 2026 23w ago | Press Release | $240.97 $266.80 | ▲ +10.72% | ▲ +5.80% | $190.60 (−20.90%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access