The insider sales are routine in size and timing (post-earnings blackout window opening). No bearish read-through — the COO's sale is likely diversification after the stock's recent volatility. Monitor for any larger insider sales or 10b5-1 plan adoption, but this cluster alone does not warrant action.
Price Chart
Executive Summary
Two insiders at Rocket Pharmaceuticals, including the COO, sold a combined $145K in open-market sales on August 11, 2026, just three days after the company reported a Q2 2026 GAAP net income of $123.2M driven by a $178.2M PRV sale. The sales are small relative to the $374M market cap (0.04%), and the cluster is not amplified per academic literature since insider sales are weak predictors. The trades likely reflect routine portfolio diversification following the positive earnings catalyst, not a bearish signal on fundamentals.
Key Financial Metrics
Key Facts
- COO Christopher Stevens sold 36,658 shares for $128K at $3.50/share on Aug 11, 2026
- Sarbani Chaudhuri sold 4,701 shares for $16K at $3.50/share on Aug 11, 2026
- Total insider sales of $145K represent 0.04% of RCKT's $374M market cap
- Sales occurred 3 days after Q2 2026 earnings release showing $123.2M net income and $283.7M cash runway into Q2 2028
Financial Impact
Insider sales of $145K are immaterial relative to $374M market cap (0.04%)
Risk Factors
- Insider sales could accelerate if stock rallies further
- No C-suite buys to offset the selling signal
- Small sample size (2 trades) limits statistical significance
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RCKT-1786691343806 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | 8-K | $3.41 $3.35 | ▼ −1.76% | ▼ −3.89% | $2.56 (−24.93%) |
Aug 20, 2026 6w ago | Insider Cluster | $3.48 $3.62 | ▲ +4.02% | ▲ +2.91% | $2.56 (−26.44%) |
Aug 17, 2026 6w ago | Insider Cluster | $3.34 $3.78 | ▲ +13.17% | ▲ +13.37% | $2.56 (−23.35%) |
Aug 13, 2026 7w ago | Insider Cluster | $3.34 $3.48 | ▲ +4.04% | ▲ +6.01% | $2.56 (−23.35%) |
Aug 10, 2026 7w ago | 8-K | $3.50 $3.34 | ▼ −4.57% | ▼ −4.17% | $2.56 (−26.86%) |
Aug 3, 2026 8w ago | 8-K | $3.41 $3.64 | ▲ +6.74% | ▲ +4.72% | $2.56 (−24.93%) |
Jun 30, 2026 13w ago | 8-K | $3.52 $4.07 | ▲ +15.63% | ▲ +15.36% | $2.56 (−27.27%) |
Jun 12, 2026 16w ago | 8-K | $2.75 $3.35 | ▲ +21.82% | ▲ +21.15% | $2.56 (−6.91%) |
May 26, 2026 18w ago | Insider Cluster | $2.99 $2.92 | ▼ −2.34% | ▼ −2.81% | $2.56 (−14.38%) |
May 7, 2026 21w ago | Insider Cluster | $3.25 $2.96 | ▼ −8.92% | ▼ −9.89% | $2.56 (−21.23%) |
US Market Status
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