Insiders have been trading these 5 stocks: ((CRWV)), ((SMR)), ((SO)), ((NTLA)) and ((PSEC)). Here is a breakdown of their recent trades and their value.
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CoreWeave has witnessed a flurry of activity as Magnetar Financial LLC, a significant shareholder, has offloaded a substantial number of shares. In a series of transactions, Magnetar sold 581,484 shares for $81,145,573, 99,691 shares for $13,911,778, 732,944 shares for $102,280,891, 286,323 shares for $39,257,746, 901,524 shares for $124,605,999, and 149,524 shares for $20,664,787. These sales indicate a strategic move by Magnetar, totaling a staggering $381,866,774, which could have significant implications for CoreWeave’s market dynamics.
NuScale Power has seen a major transaction with the sale of 2,138,619 shares by FLUOR CORP‘s director, amounting to $79,973,688. This sizable divestment could signal a shift in strategy or confidence by the director, potentially impacting investor sentiment and the company’s stock performance. The substantial value of this transaction highlights the director’s significant stake in NuScale Power and raises questions about future developments within the company.
Southern Co experienced a notable transaction involving its Executive Vice President, Bryan D. Anderson, who sold 6,206 shares for $582,308. While not as large as some other transactions, this sale is still significant, as it involves a high-ranking executive. The reasons behind this sale could range from personal financial planning to strategic portfolio adjustments, and it may prompt investors to closely monitor Southern Co’s future announcements and performance.
Intellia Therapeutics saw a transaction by its Vice President and Chief Accounting Officer, Michael P. Dube, who sold 1,871 shares for $32,517. Although relatively small in scale, this sale might reflect personal financial decisions or a minor strategic adjustment. Investors in Intellia Therapeutics may view this transaction as a routine activity, but it still serves as a point of interest for those closely following the company’s insider activities.
Prospect Capital has been on the receiving end of insider buying, with CEO John F. Barry purchasing 925,000 shares for $2,516,000 and COO Grier Eliasek acquiring 370,000 shares for $1,002,700. This insider buying, totaling $3,518,700, suggests strong confidence in the company’s future prospects from its top executives. Such purchases often signal positive expectations for the company’s growth and can boost investor confidence, potentially influencing the stock’s performance positively.