Director Jack Cogen filed reports this week showing he sold over $230M worth of CoreWeave stock. The sales spanned May 26–29, all priced between $103 and $108 per share. Three other insiders at the AI cloud company also filed sell transactions. The wave of filings hit just weeks after CoreWeave's high-profile IPO, suggesting early backers are locking in gains.
At Navitas Semiconductor, five insiders filed sales totalling more than $115M. Director Ranbir Singh led the charge, disclosing $89.6M in shares sold at around $29. Chairman Rick Hendrix also filed a $2.2M sale. The broad-based selling — spanning the board and top management — is a notable signal for a stock that has rallied sharply in recent months.
Elsewhere, Ralph Lauren founder and Executive Chairman Ralph Lauren filed a $99.7M sale of 263,654 shares at $378.25. The trade took place May 26 and was reported May 28.
At Stryker, Director Ronda Stryker filed two sales totalling over $71M. Both were reported May 28.
This article is not financial advice.
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