The only time the selling spree was more intense was back in 2021, when markets were flush with pandemic-driven stimulus cash.
“Insider activity suggests executives are not especially eager to increase their exposure at current valuations,” wrote analysts including Winston Chua at EPFR.
In contrast, stock buying by corporate insiders has been subdued. They purchased just $6.9 billion worth of shares in the first half. That’s only modestly above the seven-year low of $6.7 billion recorded a year earlier.
Finally those who received SpaceX shares as bonus or options are able to see cash from those assets. You are not surprised some are selling some of those shares.
