The dollar amount is trivial relative to market cap and no C-suite officer (CEO/CFO) participated. Per academic literature, cluster sells are not informative signals. No actionable trade signal — monitor upcoming quarterly earnings for any fundamental changes.
Price Chart
Executive Summary
Two insiders at Steven Madden (SHOO) sold a total of $455K in open-market transactions over a 7-day window. President Amelia Varela sold $434K and Director Arian Simone Reed sold $21K. The sales represent ~0.014% of the company's $3.2B market cap, well below the 0.1% threshold for materiality, and are consistent with routine portfolio diversification or tax planning.
Key Financial Metrics
Key Facts
- President Amelia Varela sold 10,000 shares at $43.445 for $434,450 on 2026-06-03
- Director Arian Simone Reed sold 475 shares at $43.8204 for $20,814.69 on 2026-06-04
- Total insider sales of $455K represent ~0.014% of SHOO's $3.2B market cap
- No insider purchases in the cluster window
- Recent 30-day insider activity shows 4 sells totaling $608K prior to this cluster
Financial Impact
Total insider sales of $455K, negligible relative to $3.2B market cap
Risk Factors
- Insider selling could accelerate if fundamentals deteriorate, but current volume is too small to indicate anything
- No insider buying to offset the selling pattern
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SHOO-1780606628765 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 5, 2026 8w ago | Insider Cluster | $49.07 $41.99 | ▼ −14.43% | ▼ −13.83% | $45.97 (−6.32%) |
Aug 4, 2026 8w ago | Insider Cluster | $48.86 $41.44 | ▼ −15.19% | ▼ −13.95% | $45.97 (−5.91%) |
Jul 30, 2026 9w ago | 8-K | $47.83 $44.69 | ▼ −6.56% | ▼ −10.53% | $45.97 (−3.89%) |
Jun 16, 2026 15w ago | Insider Cluster | $42.84 $43.68 | ▲ +1.96% | ▲ +0.64% | $45.97 (+7.31%) |
Jun 11, 2026 16w ago | Institutional Cluster | $45.89 $40.32 | ▼ −12.14% | ▼ −14.03% | $45.97 (+0.17%) |
Jun 4, 2026 17w ago | Insider Cluster | $44.03 $39.71 | ▼ −9.81% | ▼ −11.67% | $45.97 (+4.41%) |
Apr 22, 2026 23w ago | Press Release | $39.25 $38.23 | ▼ −2.60% | ▼ −5.76% | $45.97 (+17.12%) |
Feb 25, 2026 31w ago | 8-K | $35.60 $33.99 | ▲ +4.53% | ▼ −0.71% | $45.97 (−29.12%) |
US Market Status
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