There's nothing quite like the headline "insiders dump billions" to get investors reaching for the sell button. Shares of CoreWeave Inc (NASDAQ: CRWV) have been doing the opposite of selling off. The stock recently traded above $120 after a sharp rally, extending its year-to-date gain of over 65%. That kind of run is exactly the setup that tends to draw alarmist headlines about insider selling, and this week was no exception.
CoreWeave’s founders have reportedly sold more than $2.3 billion worth of stock since the company’s IPO lockup expired, according to insider-sale reports and public filings. At first glance, that is an eye-catching number—the kind that can make investors wonder whether the people closest to the business are taking money off the table after the stock’s rally.
