The sell cluster is small relative to market cap and lacks a clear catalyst. Monitor for upcoming earnings or press releases that could provide context for the selling. If the COO's derivative exercises are followed by open-market sales, that would be a more bearish signal.
Price Chart
Executive Summary
Two QTEX insiders (CFO and CTO) sold a total of $157K in open-market sales over a 7-day window, representing ~0.12% of the $135M market cap. The CFO sold in two tranches ($98K + $7K) and the CTO sold $150K, while the COO exercised non-cash derivatives. The dollar value is modest relative to market cap, and the cluster is sell-only, which per academic literature is weakly predictive. However, the cross-filing actuarial verdicts flag this cluster as an amplifier when combined with earnings, offering, or press contexts, suggesting elevated informational content.
Key Financial Metrics
Key Facts
- CFO Tehila Yafit sold 28,100 shares ($98K) on 2026-06-01 and 1,900 shares ($7K) on 2026-05-29, total $105K in open-market sales.
- CTO Yechezkely Hayon Daniella sold 50,000 shares ($150K) on 2026-05-29.
- COO Abraham Shabtay exercised derivatives for 152,383 shares (57,144 at $0, 95,239 at $3.37) — non-cash events with $0 net economic impact.
- Total cluster open-market sales: $157K, or ~0.12% of $135M market cap — below the 0.5% threshold for 'modest' materiality.
- Cross-filing actuarial verdicts show strong amplifier signals for this cluster when combined with earnings, offering, or press contexts, but no such cross-filings are present in the provided context.
- Recent 30-day insider activity shows 3 prior sells totaling $255K, consistent with ongoing routine selling.
Financial Impact
Total open-market sales of $157K represent ~0.12% of market cap — immaterial in absolute terms.
Risk Factors
- Insider selling could accelerate if insiders perceive headwinds, though current dollar amounts are routine.
- The COO's derivative exercises may precede future open-market sales, increasing supply.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-QTEX-1780430546656 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 2, 2026 4w ago | 6-K | $0.8160 $0.6820 | ▼ −16.42% | ▼ −16.34% | $1.10 (+34.80%) |
Aug 21, 2026 6w ago | 424B5 | $0.9155 $0.8564 | ▲ +6.46% | ▲ +5.93% | $1.10 (−20.15%) |
Aug 19, 2026 6w ago | 6-K | $1.12 $0.8702 | ▼ −22.30% | ▼ −20.35% | $1.10 (−1.79%) |
Aug 3, 2026 8w ago | 6-K | $1.01 $0.8273 | ▼ −18.09% | ▼ −19.33% | $1.10 (+8.91%) |
Jul 31, 2026 9w ago | Press Release | $0.9000 $0.8340 | ▼ −7.33% | ▼ −10.32% | $1.10 (+22.22%) |
Jul 24, 2026 10w ago | 6-K | $0.9497 $0.8664 | ▼ −8.77% | ▼ −12.07% | $1.10 (+15.83%) |
Jul 22, 2026 10w ago | Press Release | $0.9060 $1.12 | ▲ +23.62% | ▲ +20.72% | $1.10 (+21.41%) |
Jul 17, 2026 11w ago | 6-K | $1.27 $0.9799 | ▼ −22.84% | ▼ −27.29% | $1.10 (−13.39%) |
Jul 17, 2026 11w ago | Press Release | $1.27 $0.9799 | ▼ −22.84% | ▼ −27.29% | $1.10 (−13.39%) |
Jul 14, 2026 11w ago | 6-K | $1.50 $0.9959 | ▼ −33.61% | ▼ −36.10% | $1.10 (−26.67%) |
US Market Status
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