Insiders Find Solace Selling US$530m In Stock With CoreWeave’s Price Down 13%
By selling US$530m worth of CoreWeave, Inc. (NASDAQ:CRWV) stock at an average sell price of US$73.62 over the last year, insiders seemed to have made the most of their holdings. The company’s market cap plunged by US$9.5b after price dropped by 13% last week but insiders were able to limit their loss to an extent.
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.
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