Filings submitted this week show executives cashing out heavily as stock prices near recent highs.
CoreWeave director Jack Cogen filed on May 28 to report sales totalling more than $85 million worth of shares. The trades took place on May 26, when CRWV shares were changing hands around $108. The AI infrastructure company went public just weeks ago, and insiders are already booking profits.
Ralph Lauren founder and Executive Chairman Ralph Lauren filed on May 28 to disclose a $99.7 million sale. He offloaded 263,654 shares at $378.25 each on May 26. That is the largest single US insider sale in the latest filing batch.
Stryker director Ronda Stryker filed the same day to report three separate sales totalling nearly $86 million. The block trades on May 26 covered 274,000 shares at prices between $311 and $313.
On the buy side, Rocket Lab General Counsel Arjun Kampani filed a $8.8 million sale on May 28. Meanwhile, in Sweden, two insiders at AB Volvo bought a combined $31 million worth of stock in late May. Two insiders at also filed purchases worth in the same period.
The wave of US selling, led by CoreWeave and Ralph Lauren, reflects executives taking advantage of elevated share prices. The European cluster buying at Volvo and Essity signals a contrasting tone of confidence from management on that side of the Atlantic.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
