CMS CMS ENERGY CORP

NEUTRAL Impact: 3/10 Insider Cluster (2 insiders)
Horizon immediate Filed Feb 25, 2026 Processed 3mo ago
Insider cluster: 2 insiders, $466K total
Final — all horizons settled through T+60d
CMS ▼ -4.01% at T+60d
NEUTRAL call ✗ call lost -4.01% · α vs SPY -10.96% · entry $76.00 → $72.95
Last close $73.57 (close Jun 12) · -3.20% from $76.00 entry
Entry anchored
Feb 24, 03:59 PM ET
via Databento tick
T+1d
+1.38%
call +1.38% · α +1.93%
$77.05
settled 4mo ago
T+5d
+2.79%
call +2.79% · α +3.89%
$78.12
settled 3mo ago
T+20d
-0.74%
call -0.74% · α +4.50%
$75.44
settled 3mo ago
T+60d
-4.01%
call -4.01% · α -10.96%
$72.95
settled 26d ago

Price Chart

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Executive Summary

A CMS Energy insider sold $313K in shares while another insider bought $153K, all in open-market transactions within the past week. The net activity is modest selling, but both actions are small relative to the company's $23.9B market cap.

Key Financial Metrics

Direction
selling
Total Value
$159.5K
Insiders
2

Actionable Insight

No significant financial signal here — the transactions are small and offsetting. Traders should not interpret this cluster as a directional indicator.

Key Facts

  • Senior Vice President Brandon J. Hofmeister sold 4,000 shares for $312,940 in an open-market transaction on February 27, 2026.
  • Diane Leopold purchased 2,000 shares for $153,398 in an open-market transaction on February 25, 2026.
  • Total net dollar value of the cluster is $159,542 in sales (after offsetting purchase), representing just 0.0007% of CMS Energy’s $23.9B market cap.
  • Both transactions were open-market trades (P and S codes), with no non-cash or derivative-related activity.

Financial Impact

$159,542 net insider selling, or 0.0007% of market cap

insider ownershipmarket sentiment

Risk Factors

  • Perception risk if the SVP's sale is highlighted out of context as negative
  • No indication of broader insider sentiment shift given only two participants and low dollar volume

Market Snapshot

Exchange
NYSE

Documents Analyzed

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

DocumentAccession Number
CONTEXT: Insider Cluster Data (2 trades, 7d window)cluster-CMS-1772473766604
7 reports for CMS
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for CMS — sortable, filterable
Type Now
Jun 3, 2026
11d ago
8-K
NEUTRAL ★ 3/10
$16.95 $16.91▼ −0.24%▼ −0.64%$73.57 (+334.17%)
May 13, 2026
4w ago
8-K
NEUTRAL ★ 3/10
$17.20 $16.84▼ −2.09%▼ −0.87%$73.57 (+327.73%)
May 13, 2026
4w ago
424B5
BEARISH ★ 6/10
$17.20 $16.84▲ +2.09%▲ +0.87%$73.57 (−327.73%)
Apr 28, 2026
6w ago
8-K
NEUTRAL ★ 4/10
$17.21 $16.97▼ −1.39%▼ −1.38%$73.57 (+327.48%)
Apr 1, 2026
10w ago
DEFA14A
NEUTRAL ★ 3/10
$16.59 $16.71▲ +0.72%▲ +0.64%$73.57 (+343.46%)
Feb 25, 2026
15w ago
Insider Cluster
NEUTRAL ★ 3/10
$76.00 $77.05▲ +1.38%▲ +1.93%$73.57 (−3.20%)
Feb 25, 2026
15w ago
Insider Cluster
NEUTRAL ★ 3/10
$76.00 $77.05▲ +1.38%▲ +1.93%$73.57 (−3.20%)
Showing 7 of 7

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