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Rafael CEO Goes All-In: $16M Bet
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Today's Top Insider Moves That Matter
The market shrugged off last week’s jitters, with semiconductors, autos, and defense stocks leading the charge. Tech held its ground, barely, but there’s a growing sense that insiders see the rally running on fumes. Under the surface, big-money executives are quietly shifting gears.
We saw huge insider buys in undervalued names, biotech, industrials, and beaten-down financials, while software and consumer tech insiders took profits. The message? Smart money isn’t chasing momentum. It’s rotating.
What stood out today wasn’t just the size of the buys, but who made them. Former CEOs, board veterans, and 10% owners aren’t nibbling, they’re making calls that suggest something bigger is coming.
Insiders are betting on the next wave. Let’s take a look at the trades they don’t want you to ignore.
Biggest Insider Sales
🛒 Roblox Corp $RBLX ( ▼ 2.48% ) – CEO Slashes Stake by 83%
Who’s Selling? David Baszucki (President, CEO, 10% owner)
What They Sold: 1,817,023 shares at $94.07
Total Value: $170.9M
Why It Matters: When the founder-CEO dumps over 80% of his holdings, it’s rarely subtle. This comes after a period of stagnation in growth metrics, and might be a strategic reset before tougher quarters ahead.
🚗 Carvana Co. $CVNA ( ▼ 0.45% ) – Insider Pullback at Multi-Year Highs
Who’s Selling? Ernest Garcia II (10% owner)
What They Sold: 150,000 shares at $346.23
Total Value: $51.9M
Why It Matters: While the % ownership drop is negligible, the sale timing near 52-week highs raises the question: has the comeback run run its course?
📦 Circle Internet Group $CRCL ( ▲ 7.01% ) – CEO Sheds 85% of Holdings
Who’s Selling? Jeremy Allaire (Chairman & CEO)
What They Sold: 1,582,160 shares at $29.30
Total Value: $46.4M
Why It Matters: This isn’t a trim, it’s a departure. Allaire’s 85% reduction suggests low confidence in CRCL’s short-term upside, even as the stablecoin conversation heats up.
🎮 Nutanix, Inc. $NTNX ( ▼ 2.17% ) – Director Halves Stake in $420M Exit
Who’s Selling? Max Pieter De Groen (Director)
What They Sold: 5,480,467 shares at $76.81
Total Value: $421M
Why It Matters: The largest sale of the day, and it cuts the director’s stake in half. NTNX has surged on AI-related tailwinds, but this move hints at possible overextension.
🎥 Netflix Inc. $NFLX ( ▼ 1.37% ) – Director Quietly Banks $10.9M
Who’s Selling? Jay Hoag (Director)
What They Sold: 9,246 shares at $1,180.85
Total Value: $10.9M
Why It Matters: A modest slice, but the ultra-high price tag makes it worth watching. The sale comes amid streaming cost concerns and shifting content strategy.
With executives cashing in across tech and media, insider sentiment looks cautious. But not everyone is backing away, some insiders are loading up. Let’s flip the script and look at today’s biggest insider buys.
*Money Mediary is for informational purposes only and should not be considered financial, investment, or legal advice. We analyze publicly available insider trading data to provide insights, but we do not recommend or endorse any specific securities, strategies, or investments. All trading decisions are made at your own risk.
Insider transactions reported in SEC Form 4 filings do not guarantee future stock performance. Past insider activity does not predict future market movements. Always conduct your own research or consult with a licensed financial professional before making investment decisions.
Money Mediary is not affiliated with the SEC, any financial institution, or any insider whose trades are reported. We make no guarantees about the accuracy, completeness, or timeliness of the data presented.

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