The selling is routine in scale and pattern relative to TEVA's $39.9B market cap. Per academic literature, insider cluster sales are not predictive of forward returns — especially when trending over multiple weeks. No action warranted. Monitor for any earnings or clinical/regulatory catalyst that could change the business outlook.
Price Chart
Executive Summary
TEVA insiders sold $5.66M in stock on May 14, 2026, led by CFO Eliyahu Sharon Kalif ($5.46M). The sales occurred at ~$35.60, with no open-market purchases by any insider. Relative to TEVA's $39.9B market cap, the cluster represents ~0.014% — trivial in proportional terms. Previous 30-day insider activity shows a consistent selling pattern ($12.9M over 6 sales), suggesting this is routine portfolio diversification or liquidity-driven selling, not an informed bearish signal.
Key Financial Metrics
Key Facts
- CFO sold 153,251 shares for $5.46M; SVP Business Development sold 5,746 shares for $0.20M
- Total cluster value: $5.66M, representing approximately 0.014% of TEVA's $39.9B market cap
- No open-market purchases in the 7-day cluster window or in the prior 30 days (6 sales totaling $12.9M)
- Non-cash derivative exercises by Lippman (11,841 shares at $0) are tax/paper events with zero economic value
Financial Impact
$5.66M in insider sales, ~0.014% of market cap. Trivial relative to TEVA's size.
Risk Factors
- Persistent insider selling without purchases could erode management credibility if fundamentals deteriorate
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-TEVA-1779134594069 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 22d ago | Press Release | $36.35 $39.19 | ▲ +7.81% | ▲ +8.31% | $39.29 (+8.09%) |
Sep 8, 2026 24d ago | 424B5 | $36.76 $39.25 | ▲ +6.77% | ▲ +7.89% | $39.29 (+6.88%) |
Sep 2, 2026 4w ago | Court Ruling | $37.49 $36.35 | ▼ −3.04% | ▼ −2.08% | $39.29 (+4.80%) |
Aug 28, 2026 5w ago | Press Release | $36.44 $36.36 | ▼ −0.22% | ▼ −0.33% | $39.29 (+7.82%) |
Aug 25, 2026 5w ago | Court Ruling | $38.10 $36.20 | ▼ −4.99% | ▼ −4.46% | $39.29 (+3.12%) |
Aug 25, 2026 5w ago | Insider Cluster | $38.10 $36.20 | ▼ −4.99% | ▼ −4.46% | $39.29 (+3.12%) |
Aug 10, 2026 7w ago | Insider Cluster | $36.14 $36.46 | ▲ +0.89% | ▲ +0.93% | $39.29 (+8.72%) |
Aug 5, 2026 8w ago | Insider Cluster | $34.81 $36.45 | ▲ +4.70% | ▲ +3.49% | $39.29 (+12.87%) |
Jul 31, 2026 9w ago | Court Ruling | $35.01 $35.36 | ▲ +1.00% | ▼ −2.51% | $39.29 (+12.23%) |
Jul 29, 2026 9w ago | 8-K | $34.71 $34.72 | ▲ +0.03% | ▼ −5.50% | $39.29 (+13.20%) |
US Market Status
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