The insider sales are trivial in size and coincide with a strong earnings beat-and-raise. No bearish signal — the cluster is likely driven by post-earnings window opening and routine diversification. Monitor for any larger-scale selling in the coming weeks, but this cluster alone does not warrant action.
Price Chart
Executive Summary
Five Twist Bioscience insiders, including CEO Emily Leproust and President/COO Patrick Finn, sold a combined $884K in open-market shares on August 3, 2026, the same day the company reported a strong fiscal Q3 2026 beat-and-raise earnings. The cluster is entirely composed of sales, totaling ~0.01% of the $7.2B market cap, which is below the 0.1% materiality threshold and thus routine. The sales are likely driven by the post-earnings blackout window opening and pre-planned 10b5-1 programs, not a bearish signal on fundamentals.
Key Financial Metrics
Key Facts
- Five insiders sold shares on August 3, 2026, at $85.32 each.
- Total open-market sales: $884K.
- Sales represent ~0.01% of Twist's $7.2B market cap.
- CEO Leproust sold $435K; President/COO Finn sold $246K.
- Earnings released same day: Q3 FY2026 revenue $118.4M (beat), guidance raised to $456-457M.
- All sales are open-market (code S) — no derivative exercises or tax-withholding transactions.
Financial Impact
$884K in insider sales, immaterial relative to $7.2B market cap.
Risk Factors
- Insiders may continue selling in larger volumes after the blackout window fully opens.
- The cluster is entirely sells, which could be misinterpreted by the market as negative.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-TWST-1786004096453 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 21d ago | Insider Cluster | $127.22 $166.99 | ▲ +31.26% | ▲ +31.60% | $187.45 (+47.34%) |
Aug 27, 2026 5w ago | Insider Cluster | $153.10 $128.71 | ▼ −15.93% | ▼ −16.20% | $187.45 (+22.44%) |
Aug 25, 2026 5w ago | Insider Cluster | $151.42 $132.06 | ▼ −12.79% | ▼ −12.25% | $187.45 (+23.79%) |
Aug 21, 2026 6w ago | Insider Cluster | $145.59 $141.38 | ▼ −2.89% | ▼ −3.37% | $187.45 (+28.75%) |
Aug 20, 2026 6w ago | Insider Cluster | $136.23 $153.10 | ▲ +12.38% | ▲ +11.27% | $187.45 (+37.60%) |
Aug 14, 2026 6w ago | Insider Cluster | $124.41 $140.80 | ▲ +13.17% | ▲ +14.36% | $187.45 (+50.67%) |
Aug 14, 2026 6w ago | Insider Cluster | $124.41 $140.80 | ▼ −13.17% | ▼ −14.36% | $187.45 (−50.67%) |
Aug 12, 2026 7w ago | Insider Cluster | $125.29 $136.23 | ▲ +8.73% | ▲ +10.70% | $187.45 (+49.61%) |
Aug 12, 2026 7w ago | 144 | $125.29 $136.23 | ▲ +8.73% | ▲ +10.70% | $187.45 (+49.61%) |
Aug 11, 2026 7w ago | Insider Cluster | $123.12 $116.10 | ▼ −5.70% | ▼ −5.30% | $187.45 (+52.25%) |
US Market Status
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