The CFO's $1.33M sale is the dominant signal — it is large relative to typical insider sales and comes right after a strong earnings print. Monitor for additional insider filings in the next 30 days; if more C-suite sales emerge, the bearish signal strengthens. The Q3 guidance implying a sequential revenue decline from Q2 may be the catalyst behind these sales.
Price Chart
Executive Summary
Two top executives at ServiceTitan (CEO and CFO) sold a combined $1.51M in stock on September 17, 2026, just 9 days after the company reported strong Q2 results with 21% revenue growth and raised guidance. While the sales follow a positive earnings release, the cluster size and seniority of the sellers warrant attention — the CFO's $1.33M sale is particularly notable.
Key Financial Metrics
Key Facts
- CEO Ara Mahdessian sold 3.1K shares for $180K on 2026-09-17
- CFO David Sherry sold 23.2K shares for $1.33M on 2026-09-17
- Total insider sales of $1.51M occurred 9 days after Q2 earnings beat
- Q2 revenue grew 21% YoY to $292.8M; non-GAAP operating margin improved to 15.2%
- Q3 revenue guidance of $285-287M implies sequential decline from Q2's $292.8M
Financial Impact
$1.51M in insider sales, representing approximately 0.46% of market cap (est. $326M)
Risk Factors
- Insider sales may indicate management sees limited near-term upside despite strong Q2 results
- Q3 revenue guidance of $285-287M suggests a sequential decline from Q2's $292.8M
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-TTAN-1790058059000 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 10d ago | Institutional Cluster | $78.26 | awaiting T+60 | — | $81.97 (+4.74%) |
Sep 23, 2026 4w ago | Insider Cluster | $59.98 | awaiting T+60 | — | $81.97 (−36.66%) |
Sep 21, 2026 5w ago | Insider Cluster | $61.56 | awaiting T+60 | — | $81.97 (−33.15%) |
Sep 17, 2026 5w ago | 144 | $55.04 | awaiting T+60 | — | $81.97 (+48.93%) |
Aug 17, 2026 10w ago | Insider Cluster | $91.11 | awaiting T+60 | — | $81.97 (−10.03%) |
Aug 13, 2026 10w ago | Insider Cluster | $90.40 | awaiting T+60 | — | $81.97 (−9.33%) |
Jul 16, 2026 14w ago | 144 | $76.00 $72.28 | ▼ −4.89% | ▼ −9.58% | $81.97 (+7.86%) |
Jul 16, 2026 14w ago | 144 / CLUSTER | $76.00 $72.28 | ▲ +4.89% | ▲ +9.58% | $81.97 (−7.86%) |
Jul 8, 2026 15w ago | Insider Cluster | $79.44 $67.09 | ▲ +15.55% | ▲ +17.93% | $81.97 (−3.18%) |
Jul 8, 2026 15w ago | Insider Cluster | $79.44 $67.09 | ▼ −15.55% | ▼ −17.93% | $81.97 (+3.18%) |
US Market Status
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