CLO Victor Semah sold 10,000 shares of HUT at $125.00 on 2026-06-17 for $1,250,000, reducing holdings to 31,378 shares (-24.2%).
Victor Semah, Chief Legal Officer, executed a sale of 10,000 shares at $125.00, representing a substantial reduction of 24.2% from pre-transaction holdings of 41,378 shares. The stock has appreciated significantly in the near term (+33.4% over 30 days, +162.2% over 90 days), currently trading at $124.44, which is 11.6% below its 52-week high of $140.80. Semah's prior open-market trade at HUT (a sale on 2026-05-04) showed a positive 30-day return of +70.9%, suggesting a pattern of selling into strength. Against this backdrop, the company remains unprofitable with negative net income of $-219,849,000 in its most recent fiscal year, despite strong revenue growth of +44.8% year-over-year and substantial market capitalization of $14,011,211,297.28. The material size of this sale relative to remaining holdings warrants attention given the company's still-negative profitability and the insider's established track record of open-market sales.