The insider selling is small and likely routine, but the cluster timing right after a strong earnings beat warrants monitoring for follow-on sales. With Q2 guidance implying continued momentum (revenue $210-220M, adjusted EPS $0.90-1.10), the fundamental story remains intact. No immediate action needed.
Price Chart
Executive Summary
Two insiders at Rogers Corp sold a combined $240K in open-market sales within days of the company reporting strong Q1 2026 earnings (revenue +5.2% YoY, adjusted EPS more than doubling). While the dollar amount is modest relative to the $2.4B market cap (~0.01%), the cluster occurs immediately after a positive earnings release and raised Q2 guidance, making the selling notable for possible profit-taking or routine portfolio rebalancing.
Key Financial Metrics
Key Facts
- Director Peter C Wallace sold 967 shares at $131.56 for $127K on 2026-04-30
- SVP & GM Brian Keith Larabee sold 830 shares at $135.91 for $113K on 2026-05-01
- Total open-market sales: $240K, representing ~0.01% of market cap
- Director Eric Howard Starkloff received 1,427 shares via grant/award at $0 (non-cash) on 2026-05-06
- Q1 2026 net sales of $200.5M (+5.2% YoY), adjusted EPS $0.75 vs $0.27 YoY, Q2 guidance above consensus
Financial Impact
Insider sales of $240K are trivial relative to $2.4B market cap — no material financial impact
Risk Factors
- Further insider selling in coming weeks could signal management's lack of confidence despite strong earnings
- Q2 guidance midpoint implies deceleration in sequential adjusted EBITDA growth
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ROG-1778256620741 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
May 19, 2026 19w ago | 8-K | $130.80 $137.71 | ▲ +5.28% | ▼ −1.01% | $161.75 (+23.66%) |
May 7, 2026 21w ago | 8-K | $137.26 $125.59 | ▼ −8.50% | ▼ −12.34% | $161.75 (+17.84%) |
Apr 30, 2026 22w ago | Insider Cluster | $135.75 $129.32 | ▼ −4.74% | ▼ −7.84% | $161.75 (+19.15%) |
Apr 30, 2026 22w ago | Insider Cluster | $135.75 $129.32 | ▼ −4.74% | ▼ −7.84% | $161.75 (+19.15%) |
Apr 30, 2026 22w ago | Insider Cluster | $135.75 $129.32 | ▼ −4.74% | ▼ −7.84% | $161.75 (+19.15%) |
Apr 30, 2026 22w ago | Insider Cluster | $135.75 $129.32 | ▼ −4.74% | ▼ −7.84% | $161.75 (+19.15%) |
Mar 25, 2026 27w ago | DEFA14A | $109.71 $165.59 | ▲ +50.93% | ▲ +37.47% | $161.75 (+47.43%) |
US Market Status
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