IRTC iRhythm Holdings, Inc.

NEUTRAL Impact: 2/10 Insider Cluster (2 insiders)
Horizon days Filed May 4, 2026 Processed 11d 5h ago
Insider cluster: 2 insiders, $179K total
Latest settled — T+5d
IRTC ▼ -1.96% at T+5d
NEUTRAL call ✗ call lost -1.96% · α vs SPY -4.90% · entry $119.18 → $116.84
Next anchor: T+20d in 8d
Last close $116.56 (close May 22) · -2.20% from $119.18 entry
Entry anchored
May 1, 03:59 PM ET
via Databento tick
T+1d
-0.90%
call -0.90% · α -1.69%
$118.11
settled 20d ago
T+5d
-1.96%
call -1.96% · α -4.90%
$116.84
settled 16d ago
T+20d
call — · α —
in 8d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Director Abhijit Talwalkar exercised 5,312 options at $10.71, simultaneously sold 940 shares on the open market at ~$116, and repurchased 5,312 shares at $10.71 (the exercise price) — a net-zero cash transaction. Separately, CTO Brian Lawrence sold 1,000 shares at ~$120.80 for $122K. The cluster follows a strong Q1 earnings beat (revenue +25.7% YoY, raised FY2026 guidance) and is dominated by non-cash option exercises. Total open-market sales of ~$231K represent ~0.006% of market cap — trivial. No material directional signal.

Key Financial Metrics

Direction
mixed
Total Value
$231.0K
Insiders
2

Actionable Insight

This insider cluster is routine and non-informative. Director Talwalkar's transactions are a tax-neutral option exercise with no net economic exposure change. CTO Lawrence's $122K sale is typical portfolio diversification. The strong Q1 earnings and raised guidance dominate the narrative. No actionable trading signal from insider activity.

Key Facts

  • Director Talwalkar exercised 5,312 options at $10.71, sold 940 shares at $116.05, and repurchased 5,312 shares at $10.71 — net cash effect near zero.
  • CTO Lawrence sold 1,000 shares at $120.80 for $122K — a routine, small sale.
  • Total open-market sales of ~$231K represent ~0.006% of $3.8B market cap — trivial.
  • Q1 2026 revenue grew 25.7% YoY to $199.4M; net loss improved to -$13.9M from -$30.7M; FY2026 revenue guidance raised to $875-885M.
  • No insider buying or selling of material economic significance relative to company size.

Financial Impact

Total open-market sales of ~$231K, or ~0.006% of market cap — immaterial.

dilution

Risk Factors

  • No material insider risk identified from this cluster.
  • Litigation expenses noted in Q1 earnings remain a watch item.

Market Snapshot

Exchange
Nasdaq
Sector
Surgical & Medical Instruments & Apparatus
Analyst Consensus
90% bullish (21 analysts)

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-IRTC-1778620351613
11 reports for IRTC
Performance horizon
83% Hit rate 5 of 6 directional calls best @ T+60▲ +16.97%Feb 24, 2026
Filters
Rows
Reports for IRTC — sortable, filterable
Type Now
May 11, 2026
12d ago
144
NEUTRAL ★ 2/10
$118.31 $110.94▼ −6.23%▼ −6.31%$116.56 (−1.48%)
May 4, 2026
20d ago
Insider Cluster
NEUTRAL ★ 2/10
$119.18 $116.84▼ −1.96%▼ −4.90%$116.56 (−2.20%)
Apr 30, 2026
23d ago
Press Release
BULLISH ★ 8/10
$120.80 $124.87▲ +3.37%▲ +1.02%$116.56 (−3.51%)
Apr 27, 2026
26d ago
Press Release
BULLISH ★ 7/10
$125.96 $119.18▼ −5.38%▼ −5.78%$116.56 (−7.46%)
Apr 17, 2026
5w ago
DEFA14A
NEUTRAL ★ 2/10
$124.91 $125.96▲ +0.84%▼ −0.07%$116.56 (−6.68%)
Feb 25, 2026
12w ago
Insider Cluster
BEARISH ★ 7/10
$135.90 $127.95▲ +5.85%▲ +4.75%$116.56 (+14.23%)
Feb 25, 2026
12w ago
Insider Cluster
BEARISH ★ 7/10
$135.90 $127.95▲ +5.85%▲ +4.75%$116.56 (+14.23%)
Feb 24, 2026
12w ago
Insider Cluster
BEARISH ★ 7/10
$137.10 $125.85▲ +8.21%▲ +7.18%$116.56 (+14.98%)
Feb 24, 2026
12w ago
Insider Cluster
BEARISH ★ 7/10
$137.10 $125.85▲ +8.21%▲ +7.18%$116.56 (+14.98%)
Feb 24, 2026
12w ago
Insider Cluster
NEUTRAL ★ 3/10
$137.10 $125.85▼ −8.21%▼ −7.18%$116.56 (−14.98%)
Showing 10 of 11

US Market Status

Market Closed — Opens Tue (35h 14m)

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