Insider Cluster (4 insiders) ·Filed Aug 1, 2026

THC

TENET HEALTHCARE CORP
NEUTRAL
Impact 3/10
Horizondays Processed2mo ago
Insider cluster: 4 insiders, $7.4M total
Actionable Insight • Neutral

The insider sales are immaterial relative to market cap and likely driven by portfolio diversification or tax planning. No bearish signal here — monitor for any subsequent 8-K filings or earnings pre-announcements that could explain the timing, but the cluster alone does not warrant a trade.

DirectionNeutral
Confidencehigh
Horizondays
Latest settled — T+20d
THC ▲ +6.37% at T+20d
NEUTRAL call ✓ call won +6.37% · α vs SPY +5.13% · entry $249.99 → $265.91
Next anchor: T+60d in 24d
Latest observation: T+41 -11.77% FF3 residual α
Entry anchored
Jul 31, 2026
via day open
T+1d
+1.34%
call +1.34% · α -0.47%
$253.33
settled 2mo ago
T+5d
+3.98%
call +3.98% · α +1.95%
$259.93
settled 8w ago
T+20d
+6.37%
call +6.37% · α +5.13%
$265.91
settled 5w ago
T+60d
—
call — · α —
—
in 24d

Price Chart

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Executive Summary

Four Tenet Healthcare insiders, including the COO and CIO, sold a combined $7.39M in stock over a three-day window. The cluster is dominated by C-suite and director sales, but the total value represents only ~0.03% of the company's $21.8B market cap, making it a routine liquidity event rather than a material signal of bearish sentiment. The historical calibration shows past high-score calls on THC have underperformed, reinforcing a neutral read here.

Key Financial Metrics

Direction
selling
Total Value
$7.4M
Insiders
4

Key Facts

  • 4 insiders sold a total of $7.39M in shares over 3 days
  • Sales include COO ($2.58M), CIO ($2.65M), and two directors ($2.16M combined)
  • Total sales represent ~0.03% of THC's $21.8B market cap
  • No insider purchases were reported in the cluster window

Financial Impact

Insider sales of $7.39M, or ~0.03% of market cap

insider ownership

Risk Factors

  • Insider sales could precede negative news, though the small size relative to market cap makes this unlikely
  • C-suite participation (COO, CIO) adds modest weight, but still within routine liquidity range

Market Snapshot

Exchange
NYSE
Sector
Services-General Medical & Surgical Hospitals, NEC
Analyst Consensus
81% bullish (27 analysts)

Investment Themes

Healthcare & Medical Devices

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-THC-1785542554989
11 reports for THC
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+60▲ +24.98%Mar 2, 2026
Filters
Rows
Reports for THC — sortable, filterable
TypeNow
Sep 11, 2026
21d ago
Court Ruling
NEUTRAL ★ 2/10
$263.69 $261.99▼ −0.64%▼ −0.42%$258.68 (−1.90%)
Sep 4, 2026
28d ago
Insider Cluster
NEUTRAL ★ 4/10
$265.05 $264.51▼ −0.20%▲ +1.01%$258.68 (−2.40%)
Sep 2, 2026
4w ago
Insider Cluster
NEUTRAL ★ 3/10
$258.53 $263.46▲ +1.91%▲ +2.86%$258.68 (+0.06%)
Aug 27, 2026
5w ago
Insider Cluster
BEARISH ★ 6/10
$267.75 $263.49▲ +1.59%▲ +1.86%$258.68 (+3.39%)
Aug 27, 2026
5w ago
Insider Cluster
BEARISH ★ 5/10
$267.75 $263.49▲ +1.59%▲ +1.86%$258.68 (+3.39%)
Aug 11, 2026
7w ago
Insider Cluster
NEUTRAL ★ 2/10
$259.45 $270.21▲ +4.15%▲ +4.55%$258.68 (−0.30%)
Aug 8, 2026
7w ago
Insider Cluster
NEUTRAL ★ 2/10
$259.93 $264.56▲ +1.78%▲ +1.83%$258.68 (−0.48%)
Aug 1, 2026
8w ago
Insider Cluster
NEUTRAL ★ 3/10
$249.99 $259.93▲ +3.98%▲ +1.95%$258.68 (+3.48%)
Jul 29, 2026
9w ago
Insider Cluster
NEUTRAL ★ 2/10
$257.62 $261.74▲ +1.60%▼ −3.93%$258.68 (+0.41%)
May 30, 2026
17w ago
Insider Cluster
NEUTRAL ★ 2/10
$170.09 $162.06▼ −4.72%▼ −1.97%$258.68 (+52.08%)
Showing 10 of 11

US Market Status

Market Closed — Opens Mon (65h 28m)

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Report published Aug 1, 2026