Key facts
- NVIDIA director Mark Stevens sold $221.1 million in stock.
- Snowflake director Frank Slootman sold over $110 million in shares.
- CoreWeave CEO Michael Intrator sold $37.6 million in stock.
- Airbnb director Joseph Gebbia sold $35.9 million of ABNB stock.
- CoreWeave director Jack Cogen sold $29 million worth of CRWV shares.
- Snowflake EVP Christian Kleinerman sold $2.72 million in stock.
- Aaon director Gary Fields sold $2.66 million in shares.
- Cadence Design Systems Sr. VP Paul Scannell sold $2.79 million in stock.
- Infleqtion director Kristina Johnson sold 853,500 shares valued at $853,500 on February 20, 2024.
- Rocket Lab director Alexander Slusky sold $8.96 million in stock.
- Personalis CEO sold 100,000 company shares valued at $1.1 million.
- Caesars Entertainment director Michael Pegram sold $1.6 million worth of stock.
A wave of insider selling has been observed across numerous public companies, with directors and executives divesting substantial portions of their stock holdings. NVIDIA director Mark Stevens leads the recent sales, having sold $221.1 million in company stock. Following closely is Snowflake director Frank Slootman, who sold over $110 million in shares shortly after the company's fourth-quarter earnings report. CoreWeave CEO Michael Intrator also made a significant sale, offloading $37.6 million in stock shortly after the AI cloud infrastructure provider announced securing $1.65 billion in new funding. Other notable transactions include Airbnb director Joseph Gebbia selling $35.9 million of ABNB stock and CoreWeave director Jack Cogen selling $29 million worth of CRWV shares. Snowflake EVP Christian Kleinerman sold $2.72 million in stock, comprising 15,000 shares. Rocket Lab director Alexander Slusky sold $8.96 million in stock, adding to a recent $3.5 million sale by Senior Vice President Sir Peter Campani. Personalis CEO sold 100,000 company shares valued at $1.1 million. Caesars Entertainment director Michael Pegram sold $1.6 million worth of stock, representing a significant portion of his holdings. Rubrik director Yvonne Wassenaar made two sales, one for $212,850 and another for $58,206 on February 26, 2024. Sinclair director Christopher Legg sold 459,900 shares valued at $459,900. Verisk Analytics director Hansen sold $408,776 in stock on November 10, 2023. Alphabet director Frances Arnold sold 250 shares of class C stock valued at $38,862. HealthEquity director Wellborn Gayle Furgurson sold $219,510 worth of stock. Aaon director Gary Fields sold $2.66 million in shares on Tuesday. MongoDB director Hope F. Cochran sold $350,000 worth of stock. JetBlue director Vivek Sharma sold $173,072 worth of stock. Infleqtion director Kristina Johnson sold 853,500 shares valued at $853,500 on February 20, 2024. Rambus director Eric Stang sold $730,000 worth of RMBS shares. Sandisk EVP and CTO Alper Ilkbahar sold $3.51 million worth of stock. Fastly CTO Artur Bergman made two sales, one for $105,576 on March 1st and another for $165,345. DocuSign director James Beer sold 24,768 shares for $24,768. An Ionis Pharmaceuticals director sold stock valued at $605,360. Airbnb CFO Elinor Mertz sold $1.01 million worth of stock. Zoom Communications Director Subotovsky sold $578,997 worth of Zoom stock. Cadence Design Systems Sr. VP Paul Scannell sold $2.79 million in stock. Entegris director James Lederer sold 16,011 shares valued at $512,472 on June 11, 2024. AppLovin director Maynard G Webb Jr. sold $1.79 million in stock on Tuesday. Exodus Movement director Margaret Knight sold $909 worth of stock. While these sales can be motivated by personal financial planning, diversification, or other non-company-specific reasons, they are often closely monitored by investors for potential signals about executive confidence and future company performance. The sheer volume and frequency of these transactions across diverse sectors suggest a broad trend of insider divestment in the current market environment.