Insiders Sell as Musk Bets on Skydance

Elon Musk has made a $1 billion personal investment in SKYD, David Ellison's Skydance Corporation, according to a Semafor exclusive published Thursday. The move adds another high-profile name to Skydance's cap table and extends Musk's recent dealmaking streak beyond his core businesses.

On the selling side, insiders at CRWD were among the most active over the past month. CrowdStrike executives registered the largest volume of insider disposals tracked in the US universe. The cybersecurity group's stock has fallen nearly 49% year to date, yet insiders continue to reduce holdings. Short interest sits at just 2.5% of free float, so this is a pure insider signal, not a short-seller thesis.

LEN also saw notable insider selling. Lennar shares are down 24% in 2026, and the homebuilder carries a short interest of 12.6% of free float. Insiders trimming into weakness is worth monitoring ahead of the company's Q3 earnings call.

On the buying side, screening data flagged fresh purchasing at INNV InnovAge Holding, which is up 76% this year, and at TPVG Target Hospitality, which has nearly doubled in 2026. Discretionary buys into strength at both names stand out as a more positive signal than the selling elsewhere.

The broader backdrop: US financials sector buybacks hit 190 million shares in Q2 2026, the highest second-quarter total in 12 years, suggesting corporate confidence in valuations even as some executives exit individually held positions.