Insiders Relieved After Selling Cerence With 12% Price Dip

Simplywall
2025.08.02 16:45
portai
I'm PortAI, I can summarize articles.

Insiders at Cerence Inc. sold $313k worth of stock at an average price of $5.13 over the past year, coinciding with a 12% drop in the stock price, resulting in a $46m market value decrease. The largest insider sale was by Thomas Beaudoin, who sold $87k worth at $7.21 per share. Insiders own 1.7% of the company, valued at $6.2m. No insider purchases occurred in the last year, raising concerns about insider sentiment. Cerence has two warning signs that investors should consider.