TWST Twist Bioscience Corp

NEUTRAL Impact: 3/10 Insider Cluster (7 insiders)
Horizon days Filed Jun 1, 2026 Processed 4d 3h ago
Insider cluster: 7 insiders, $0.7M total
Latest settled — T+1d
TWST ▲ +3.11% at T+1d
NEUTRAL call ✓ call won +3.11% · α vs SPY +3.80% · entry $70.15 → $72.33
Next anchor: T+5d in 3d
Currently $69.22 · -1.33% from $70.15 entry
Entry anchored
Jun 1, 03:59 PM ET
via Databento tick
T+1d
+3.11%
call +3.11% · α +3.80%
$72.33
settled 3d ago
T+5d
call — · α —
in 3d
T+20d
call — · α —
in 25d
T+60d
call — · α —
in 3mo

Price Chart

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Executive Summary

A cluster of insider selling at Twist Bioscience over the past week, led by CEO Emily Leproust who sold ~$3.2M in open-market shares alongside option exercises, while the CAO and a director also sold smaller amounts. The total open-market sales of ~$4.0M represent ~0.1% of the $4.2B market cap, falling at the low end of the proportionality band. The CEO's sales are part of a regular pattern tied to option exercises, reducing their informational signal per the academic literature.

Key Financial Metrics

Direction
selling
Total Value
$4.0M
Insiders
7

Actionable Insight

The CEO's sales are mechanically tied to option exercises and follow a pattern seen in prior periods — not a fresh bearish signal. The dollar amount is trivial relative to market cap. No actionable trading signal from this cluster alone. Monitor the next 10-Q for any fundamental deterioration that would justify a more cautious stance.

Key Facts

  • CEO Emily Leproust sold 49,516 shares open-market for ~$3.2M across May 26-28, all tied to same-day option exercises at $8.82 or $0 strike
  • CAO Robert Werner sold 800 shares for ~$50K on May 26
  • Director Melissa Starovasnik sold 3,000 shares for ~$201K across May 26 and May 28
  • Total open-market sales in the cluster: ~$4.0M, or ~0.1% of market cap
  • Non-cash option exercises (M transactions) by CEO totaled $0 economic value for 65,769 shares
  • Prior 30-day insider activity showed 5 sells totaling $3.4M, consistent with ongoing selling pattern

Financial Impact

Total open-market sales of ~$4.0M, representing ~0.1% of $4.2B market cap

dilutioninsider ownership

Risk Factors

  • CEO selling alongside option exercises could be misinterpreted as bearish by the market
  • If the company reports disappointing earnings in the next quarter, the insider sales may be viewed in hindsight as informed

Market Snapshot

Exchange
Nasdaq
Sector
Biological Products, (No Diagnostic Substances)
Analyst Consensus
88% bullish (16 analysts)

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-TWST-1780344427670
11 reports for TWST
Performance horizon
83% Hit rate 5 of 6 directional calls best @ T+20▲ +20.77%May 4, 2026
Filters
Rows
Reports for TWST — sortable, filterable
Type Now
Jun 2, 2026
3d ago
Insider Cluster
NEUTRAL ★ 3/10
$72.33 $73.93▲ +2.21%▲ +1.81%$69.22 (−4.30%)
Jun 1, 2026
4d ago
Insider Cluster
NEUTRAL ★ 3/10
$70.15 $72.33▲ +3.11%▲ +3.80%$69.22 (−1.33%)
May 28, 2026
8d ago
Insider Cluster
BEARISH ★ 5/10
$66.87 $67.86▼ −1.48%▼ −1.21%$69.22 (−3.51%)
May 26, 2026
10d ago
Insider Cluster
NEUTRAL ★ 3/10
$64.17 $69.03▲ +7.57%▲ +7.03%$69.22 (+7.87%)
May 4, 2026
4w ago
8-K
BULLISH ★ 7/10
$56.19 $56.70▲ +0.91%▲ +0.11%$69.22 (+23.19%)
Apr 17, 2026
7w ago
Insider Cluster
NEUTRAL ★ 4/10
$59.81 $61.88▲ +3.46%▲ +3.65%$69.22 (+15.73%)
Mar 17, 2026
11w ago
Insider Cluster
NEUTRAL ★ 3/10
$47.28 $44.46▼ −5.96%▼ −4.57%$69.22 (+46.40%)
Mar 6, 2026
13w ago
Insider Cluster
BEARISH ★ 5/10
$46.94 $48.33▼ −2.96%▼ −2.12%$69.22 (−47.46%)
Feb 23, 2026
14w ago
Insider Cluster
BEARISH ★ 6/10
$48.09 $48.54▼ −0.94%▼ −0.20%$69.22 (−43.94%)
Feb 23, 2026
14w ago
Insider Cluster
BEARISH ★ 7/10
$48.09 $48.54▼ −0.94%▼ −0.20%$69.22 (−43.94%)
Showing 10 of 11

US Market Status

Market Closed — Opens Mon (37h 56m)

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