SMWB SIMILARWEB LTD.

BULLISH Impact: 5/10 Insider Cluster (4 insiders)
Horizon weeks Filed May 22, 2026 Processed 27d 21h ago
Insider cluster: 4 insiders, $0.8M total
Latest settled — T+5d ⚠ clustered
SMWB ▲ +5.33% at T+5d
LONG call ✓ call won +5.33% · α vs SPY +3.67% · entry $4.13 → $4.35
Next anchor: T+20d in 4d
Last close $4.87 (close Jun 17) · +17.92% from $4.13 entry
Entry anchored
May 22, 2026
via day open
T+1d
-3.63%
call -3.63% · α -4.22%
$3.98
settled 24d ago
T+5d
+5.33%
call +5.33% · α +3.67%
$4.35
settled 18d ago
T+20d
call — · α —
in 4d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Four SMWB insiders, including CEO Offer Or, made open-market purchases totaling $793K in a 7-day window at prices between $3.20 and $3.89. This cluster represents 0.24% of the $329M market cap — a modest but notable signal, amplified by CEO participation and the cluster-buy premium from academic literature. The purchases follow a period of strong stock appreciation (prior neutral reports saw +41% alpha at T+20), suggesting insiders see further upside despite the recent run.

Key Financial Metrics

Direction
buying
Total Value
$793.0K
Insiders
4

Actionable Insight

CEO and three directors buying in a tight cluster at $3.20-$3.89 is a strong vote of confidence. Monitor for upcoming earnings or material announcements — the cluster may precede positive news. The stock's recent strong performance (+41% alpha on last neutral report) suggests momentum could continue, but the 0.24% of market cap is not transformative on its own.

Key Facts

  • CEO Offer Or purchased 53,105 shares ($189K) on May 18-19 at $3.20-$3.58
  • Three directors (Barak, Rapaport-Dagim, Beit-On Harel) added 165,000 shares ($614K) on May 18-21 at $3.22-$3.89
  • Total cluster value of $793K equals 0.24% of $329M market cap
  • All trades were open-market purchases (code P) — no 10b5-1 or tax-withholding sales
  • Prior neutral reports on SMWB saw average T+20 alpha of +20% vs SPY, suggesting the stock has been outperforming

Financial Impact

$793K in insider purchases, 0.24% of market cap

insider ownershipmarket confidence

Risk Factors

  • Insider purchases at 0.24% of market cap are modest in absolute size — not a guarantee of near-term upside
  • Stock has already rallied significantly (+41% alpha on prior report), raising risk of mean reversion
  • No accompanying corporate catalyst (earnings, guidance, M&A) was filed alongside this cluster

Market Snapshot

Exchange
NYSE
Sector
Services-Computer Programming, Data Processing, Etc.
Analyst Consensus
53% bullish (15 analysts)

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-SMWB-1779444832399
6 reports for SMWB
Performance horizon
Filters
Rows
Reports for SMWB — sortable, filterable
Type Now
May 22, 2026
27d ago
Insider Cluster
BULLISH ★ 5/10
$4.13 $4.35▲ +5.33%▲ +3.67%$4.87 (+17.92%)
May 20, 2026
29d ago
Insider Cluster
NEUTRAL ★ 2/10
$3.82 $3.87▲ +1.31%▲ +0.07%$4.87 (+27.49%)
May 14, 2026
5w ago
6-K
NEUTRAL ★ 3/10
$3.07 $3.78▲ +23.13%▲ +23.84%$4.87 (+58.63%)
Apr 23, 2026
8w ago
6-K
NEUTRAL ★ 2/10
$2.59 $2.81▲ +8.49%▲ +7.59%$4.87 (+88.03%)
Apr 10, 2026
9w ago
3
NEUTRAL ★ 3/10
$2.33 $2.63▲ +12.88%▲ +8.37%$4.87 (+109.01%)
Mar 26, 2026
12w ago
6-K
NEUTRAL ★ 3/10
$2.67 $2.68▲ +0.37%▼ −1.26%$4.87 (+82.40%)
Showing 6 of 6

US Market Status

Market Closed — Juneteenth — Opens Mon (77h 24m)

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