Insiders at two high-profile tech stocks filed hundreds of millions in sales over the past month, according to ORTEX data.
At CRWV, director Jack Cogen filed over $70M in sales in late May. Magnetar Financial, a 10% owner, filed a further $170M+ in sales across multiple days in early May. The combined insider selling at CoreWeave topped $957M across three insiders — one of the largest clusters of recent US insider selling tracked by ORTEX.
TWLO board member Andy Stafman filed two large sales totalling nearly $315M. The first, for $131M, was filed on May 12. A second $184M sale followed on May 27. Both trades were at elevated prices, suggesting the board-linked hedge fund is trimming a significant position.
At CVS, hedge fund board representative Larry Robbins filed over $296M in sales across three days in mid-May — a notable move at a stock that has faced ongoing pressure.
On the buying side, Capital Group filed a $285M purchase of ONC (BeOne Medicines) on May 22. That stands out as one of the few large institutional buys recently disclosed.
MPWR saw seven insiders file sales totalling $152M, with an EVP alone accounting for $23M filed in early May.
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.
