de Masi Niccolo

IonQ CEO de Masi sold 16,120 shares at $44.40 on 2025-09-11; stock now $55.61 (+34.9% in 30d).

de Masi Niccolo, President and CEO, sold 16,120 shares (1.3% of pre-transaction holdings) at $44.40, reducing his stake from 1,197,306 to 1,181,186 shares. The stock has since appreciated to $55.61, representing a 30-day gain of +34.9% from the sale date. Across his cross-ticker track record, the insider's 10 prior sells averaged +13.9% returns over 30 days and +32.7% over 90 days, with a 0.00% well-timed rate at the 90-day mark, meaning those sales preceded gains rather than declines. At IONQ specifically, his single prior sale on 2025-06-11 saw the stock rise +3.6% in 30 days and +9.1% in 90 days, also not well-timed. The company is unprofitable (annual net income: $-176.8M) despite strong revenue growth of +95.4% year-over-year and a $16.5B market capitalization.

RSI Director de Masi liquidates entire 446,094-share position for $8.2M at $18.35; stock now +29.7% in 30 days

de Masi Niccolo sold 446,094 shares (-100.0% of his pre-transaction holdings) at $18.35 on 2025-07-31, eliminating his entire equity stake in Rush Street Interactive. The sale occurred during a strong price momentum window: RSI is up +29.7% over 30 days and +66.1% over 90 days, trading at $19.35 today (just 4.0% below the 52-week high of $20.16). This complete exit contrasts with his recent trading pattern at RSI—he made four prior sales in June and early July, all during the same uptrend, with measured 30-day outcomes of +3.0% and +4.4%, suggesting the prior sales preceded further gains. The company's fundamentals remain supportive: Revenue of $269.2M (latest quarter), net income of $16.7M, and annual revenue growth of +33.7%. Full liquidation of a director's holdings merits investor scrutiny regardless of market timing context.

Director de Masi Niccolo sold 446,094 shares at $15.10–$15.28 for $6,760,092.89; holds equal amount post-sale.

De Masi Niccolo executed 3 separate sales totaling 446,094 shares for $6,760,092.89 between July 3–8, 2025, reducing his holdings from 892,188 to 446,094 shares (a 50% reduction). The blended average sale price of $15.15 compares to a current price of $15.44, suggesting the sales occurred near recent price levels, though the stock trades 7.5% below its 52-week high of $16.70. The director's prior 5 consecutive sales at RSI spanning June 13–20 establish a pattern of repeated dispositions over a brief window, now extended through early July. Despite RSI's strong fundamentals—33.7% annual revenue growth and $262.4M quarterly revenue—the elevated P/E of 386.00 and the director's systematic reduction of his equity stake warrant investor scrutiny into whether insider conviction has shifted or whether the sales reflect liquidity needs versus market outlook.

Director de Masi sells 316,465 shares across 2 transactions for $4,451,359.96 at RSI, reducing stake 26.2%

Director Niccolo de Masi executed 2 separate sales totaling 316,465 shares for $4,451,359.96 on 2025-06-18 and 2025-06-20, reducing his RSI holdings from 1,208,653 shares to 892,188 shares—a net reduction of 26.2% of his pre-transaction position. The transactions were priced at $14.08 and $13.90, yielding a blended average of $14.07, slightly above the current price of $13.84. This sale pattern follows three prior sales at RSI within a four-day window (2025-06-13, 2025-06-16, 2025-06-17), indicating sustained liquidation activity. Context matters: RSI's stock has appreciated 26.3% over 90 days and 19.2% over 30 days, though it trades 17.1% below its 52-week high; the company reports strong fundamentals with annual revenue growth of +33.7% and a market cap of $2,834,328,435.28, though it carries a high P/E of 346.00 reflecting market expectations. The concentrated liquidation volume and pattern warrant monitoring of disclosure filings and subsequent market behavior to determine whether additional insiders are also liquidating or whether this represents director-specific portfolio activity.

Director de Masi Niccolo sold 575,722 shares for $7,881,244.50 across 3 transactions (June 13–17) at blended avg $13.69.

de Masi Niccolo, a Director at Rush Street Interactive, executed 3 separate sales totaling 575,722 shares for $7,881,244.50, reducing his holdings by 32.3% over a four-day window at an average price of $13.69. The stock is currently trading at $13.88, near the transaction price, and sits 16.9% below its 52-week high of $16.70. Fundamentals show strong revenue growth of 33.7% year-over-year with $262.4M in latest quarterly revenue, though the company's P/E of 347.00 reflects minimal earnings relative to valuation (net income of $5.3M). The insider's cross-ticker track record shows only 1 prior sell transaction, providing limited historical context for assessing the pattern at this ticker.

CEO de Masi completely exits 2.60M IONQ shares ($104.8M) at $40.34; stock now -25.9% from 52-week high.

De Masi Niccolo, President and CEO, liquidated his entire 2,597,500-share position at $40.34 on 2025-06-11, generating $104,793,280.25 and leaving zero holdings post-transaction. This represents a complete exit at a price that is -25.9% below the 52-week high of $51.07, despite the stock having recovered +13.3% over the last 30 days. The transaction occurs in a company with profitability challenges: net income was -$32,252,000.00 on revenue of $7,566,000.00 in the latest quarter, and annual net income remained negative over the most recent full fiscal year, though annual revenue growth accelerated at +95.4%. The 100% liquidation of a CEO's holdings is a material departure from typical insider behavior and merits close examination of the rationale, particularly in the context of an unprofitable but rapidly growing business.