CMI CUMMINS INC

NEUTRAL Impact: 3/10 Insider Cluster (7 insiders)
Horizon days Filed May 8, 2026 Processed 29d 16h ago
Insider cluster: 7 insiders, $1.8M total
Latest settled — T+20d ⚠ clustered
CMI ▼ -4.17% at T+20d
NEUTRAL call ✗ call lost -4.17% · α vs SPY -4.19% · entry $679.55 → $651.22
Next anchor: T+60d in 7w
Currently $659.58 · -2.94% from $679.55 entry
Entry anchored
May 7, 03:59 PM ET
via Databento tick
T+1d
+3.24%
call +3.24% · α +3.01%
$701.56
settled 5w ago
T+5d
+5.43%
call +5.43% · α +3.97%
$716.45
settled 4w ago
T+20d
-4.17%
call -4.17% · α -4.19%
$651.22
settled 8d ago
T+60d
call — · α —
in 7w

Price Chart

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Executive Summary

Seven Cummins insiders sold a total of ~$1.80M in open-market sales over a 7-day window following the Q1 2026 earnings release. The sales are modest relative to the $97.9B market cap (~0.002%), and the cluster includes multiple C-suite executives (EVP Operations, VP Engine Business, VP China ABO). However, the dollar value is trivial for a company of this size, and the sales follow a quarterly earnings beat on guidance, making them likely liquidity/vesting-driven rather than informed selling.

Key Financial Metrics

Direction
selling
Total Value
$1.8M
Insiders
7

Actionable Insight

The insider selling is immaterial in both absolute and relative terms. Monitor for any unusual acceleration in selling volume or C-suite departures, but this cluster alone does not warrant a bearish read. The raised guidance from the May 5 earnings release remains the dominant signal.

Key Facts

  • Total open-market sales: ~$1.80M across 7 insiders over 7 days
  • Sales represent ~0.002% of Cummins' $97.9B market cap — well below the 0.1% materiality threshold
  • Cluster follows Q1 2026 earnings (May 5) where the company raised full-year revenue and EBITDA guidance
  • No insider purchases in the cluster; all open-market activity is selling
  • Non-cash grants (306 shares each) to 9 directors on May 12 are routine compensation — no economic signal
  • C-suite sellers include EVP & President - Operations, VP & Pres. - Engine Business, and VP - China ABO

Financial Impact

Total insider sales of ~$1.80M, or ~0.002% of market cap

insider ownershipfloat

Risk Factors

  • Insider selling could accelerate if Q2 2026 results disappoint relative to raised guidance
  • Data center power generation demand may moderate, affecting the Power Systems segment that drove the guidance raise

Market Snapshot

Exchange
NYSE
Sector
Engines & Turbines
Analyst Consensus
57% bullish (28 analysts)

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-CMI-1778784766988
11 reports for CMI
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for CMI — sortable, filterable
Type Now
May 14, 2026
29d ago
Insider Cluster
NEUTRAL ★ 2/10
$715.24 $636.06▼ −11.07%▼ −10.35%$659.58 (−7.78%)
May 8, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$679.55 $716.45▲ +5.43%▲ +3.97%$659.58 (−2.94%)
May 8, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$679.55 $716.45▲ +5.43%▲ +3.97%$659.58 (−2.94%)
May 8, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$677.23 $716.45▲ +5.79%▲ +4.33%$659.58 (−2.61%)
May 8, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$707.96 $669.40▼ −5.45%▼ −5.31%$659.58 (−6.83%)
May 8, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$677.23 $716.45▲ +5.79%▲ +4.33%$659.58 (−2.61%)
May 8, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$677.23 $716.45▲ +5.79%▲ +4.33%$659.58 (−2.61%)
May 8, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$677.23 $716.45▲ +5.79%▲ +4.33%$659.58 (−2.61%)
May 8, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$677.23 $716.45▲ +5.79%▲ +4.33%$659.58 (−2.61%)
May 8, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$677.23 $716.45▲ +5.79%▲ +4.33%$659.58 (−2.61%)
Showing 10 of 11

US Market Status

Market Closed — Opens Mon (49h 42m)

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