Money Mediary – March 24, 2025

💻📉💼📡🧬🏦🧪📺🏡🏡

March 24, 2025

Today's Top Insider Moves That Matter

The market leaned decisively bullish today, with technology, consumer cyclical, and communication services stocks leading the charge. Semiconductors, internet retail, and software sectors posted strong gains, while auto manufacturers and asset managers saw renewed momentum. In contrast, real estate, utilities, and consumer staples lagged, reflecting a continued rotation out of defensives and into risk-on growth areas.

Insider trading mirrored this shift. Executives across tech and insurance sectors took profits near highs, while insiders at financial and healthcare firms made meaningful purchases into strength. A standout theme today? Institutional-scale buys in overlooked names, alongside opportunistic accumulation at discounted levels. Let’s break it down.

Biggest Insider Sales

💻 Okta Inc. $OKTA ( ▲ 1.81% ) – $26.5M CEO Exit

  • Who’s Selling? Todd McKinnon (CEO)

  • What They Sold: 234,289 shares at $113.27

  • Total Value: $26.5M

  • Why It Matters: A massive liquidation by the CEO in a red-hot software stock. With shares up sharply YTD, this looks like profit-taking at peak valuations.

📊 EverQuote, Inc. $EVER ( ▲ 0.69% ) – $5M Cumulative Director Sale

  • Who’s Selling? David Blundin (Director)

  • What They Sold: 173,036 shares across two trades at $28.67

  • Total Value: $5M

  • Why It Matters: Two significant trades in a single day. The insider reduced his position by over 80%, suggesting a tactical exit or loss of confidence.

💼 Paylocity Holding Corp $PCTY ( ▲ 1.38% ) – $9.1M Director Unload

  • Who’s Selling? Steven Sarowitz (Director)

  • What They Sold: 47,443 shares across two trades at ~$191

  • Total Value: $9.1M

  • Why It Matters: Though not a full exit, this marks a meaningful liquidation from a longtime insider at a premium valuation.

📡 Verizon Communications Inc. $VZ ( ▼ 2.1% ) – $197K Director Sale

  • Who’s Selling? Jacques Kerrest (Director)

  • What They Sold: 1,737 shares at $113.29

  • Total Value: $197K
    Why It Matters: Small in dollar terms, but the sale represented 100% of his holdings — that’s a full exit. Worth noting in a weak telecom sector.

🧬 Blueprint Medicines Corp $BPMC ( ▲ 1.82% ) – $811K Officer Sale

  • Who’s Selling? Christina Rossi (Officer)

  • What They Sold: 9,096 shares at $89.20

  • Total Value: $811K

  • Why It Matters: Following a multi-week rally in biotech, this insider took profits near recent highs.

While some insiders are trimming positions near recent highs, others are stepping in with fresh capital and bold conviction.

Let’s turn to the most significant insider buys signaling where the smart money is placing its bets.

Subscribe to Access+ to read the rest.

Become a paying subscriber of Access+ to get access to this post and other subscriber-only content.

Already a paying subscriber? Sign In.

A subscription gets you:

  • • ✅ Daily insider trade insights (Monday–Friday) – Stay ahead of the market with fresh data every day
  • • ✅ The biggest Form 4 filings, analyzed – No fluff, just the trades that matter
  • • ✅ Investment ideas based on real insider activity – Know where executives and major shareholders are putting their money
  • • ✅ Includes the weekly recap every Friday – Everything in the standard Access Plan
  • • 🔒 Upgrade now and never miss an insider move.