CRWV is trading at $117.18 (-4.37%) following the disclosure of a $130 million insider sale by Chief Strategy Officer Brian Venturo.
- CSO Brian Venturo sold 1,125,000 shares on April 20, with the transaction disclosed in regulatory filings on April 23.
- The sell-off follows recent institutional position cuts, which have likely exacerbated negative sentiment surrounding the stock.
- Shares are facing additional pressure from a broader market decline, with the Nasdaq Composite down 0.82% amid geopolitical tensions and rising oil prices.