Cavoli Stephen

EVP Cavoli sells 28,370 shares of VIRT for $1.1M; stock up 6.7% in 30 days, 16.8% in 90 days

Cavoli, EVP at Virtu Financial, sold 28,370 shares at $38.94 on 2026-02-17, reducing his holdings by 19.6% to 116,191 shares. This occurs as VIRT trades near the top of its 52-week range (current $39.36 is -12.8% from the $45.12 high) and shows strong recent momentum: +6.7% over 30 days and +16.8% over 90 days. Cavoli's cross-ticker sell track record shows mixed timing—an average 30-day return of -1.2% but a concerning 90-day return of +11.9%, with a 0.00% well-timed rate, suggesting his prior sales at other tickers have typically missed subsequent gains. At VIRT specifically, he executed five sales within a five-day window (2026-02-11 through 2026-02-13), and the most recent sale on 2026-02-13 is still within the measurement window. Fundamentals show solid growth: $824.8M quarterly revenue (+25.4% year-over-year) and a modest P/E of 13.21, providing no obvious distress signal. The concentrated selling activity and historical pattern of poorly-timed exits deserve attention given the company's operational strength.

EVP Cavoli sells 71,630 shares across 6 transactions at avg $38.09 for $2.7M; retains 144.6K shares post-sale.

Stephen Cavoli, EVP at Virtu Financial, executed 6 separate sales between 2026-02-11 and 2026-02-13, divesting 71,630 shares at prices ranging from $37.41 to $39.14 for a total of $2,728,559.59, reducing his stake from 216,191 to 144,561 shares (-33.1% of prior holdings). The stock currently trades at $38.34, near the midpoint of the transaction price range and +9.0% over the past 30 and 90 days. His cross-ticker track record shows 2 prior open-market sells with an average 90-day return of +11.9%, reflecting poorly-timed exits relative to subsequent price appreciation; at VIRT specifically, his prior two sells (2025-02-18 and 2025-02-14) saw 90-day returns of +12.6% and +11.1% respectively, indicating the stock has historically risen after his sales at this ticker. With a low P/E of 12.87 and strong fundamentals (25.4% annual revenue growth, $824.8M quarterly revenue, $77.6M net income), the company presents an attractive valuation backdrop against which a large insider reduction warrants attention to any disclosed rationale.

EVP Cavoli sells 68.0K shares in two transactions for $2.5M at blended average $37.14

Stephen Cavoli, EVP of Virtu Financial, executed two separate sales totaling 68,000 shares on February 14 and February 18, 2025, generating $2,525,846.40 at a blended average price of $37.14. This sale reduced his holdings by 30.1%, from 225,703 shares to 157,703 shares post-transaction. The stock is currently trading at $37.73, modestly above the average transaction prices, within a 52-week range of $16.68–$40.96 and 7.9% below the 52-week high. With a P/E of 26.57 and recent revenue decline of -3.0% year-over-year alongside modest recent price momentum (+2.0% over 90 days), the transaction reflects a material reduction in this executive's equity exposure at prices near recent highs.