Volpi Michelangelo

Director Volpi sold 50,000 CFLT shares (21.7% of holdings) for $1,488,500 on 2025-12-08; stock up +27.5% in 30 days.

Michelangelo Volpi, a Director at Confluent, executed two separate sales totaling 50,000 shares for $1,488,500.00, reducing his position by 21.7% to 180,512 shares. The sales occurred at $29.77 per share while the stock now trades at $30.00, only marginally below the 52-week high of $37.65. This timing is notable in the context of Confluent's recent momentum: the stock has risen +27.5% over the past 30 days and +54.2% over 90 days, suggesting the insider sold into a period of strong recent upside. Historically at this ticker, Volpi's five prior sales have not been well-timed: 0 of 5 prior sells at CFLT were followed by 90-day declines, meaning the stock rallied after each of those prior sales. The company remains unprofitable with a net income of $-66,504,000.00 despite revenue growth of +24.0%, adding financial context to the decision to liquidate a material portion of holdings during a period of elevated valuation momentum.

Director Volpi sells 477,952 shares at $26.41 for $12.6M; pre-transaction: full holdings elimination via 2 transactions.

Michelangelo Volpi executed 2 separate sales totaling 477,952 shares for $12,620,561.54 at $26.41 per share on 2024-11-05, eliminating his entire common equity position at the company. This is a derivative-conversion transaction where shares originated from the conversion of derivative securities; his derivative holdings remain in Table II and are not yet reflected in our database, so his real economic position extends beyond the Table I common shares now shown as zero. The stock has appreciated 38.6% over 30 days and 35.6% over 90 days, and sits 20.2% below its 52-week high of $34.53. Volpi's cross-ticker track record shows a 66.67% well-timed sell rate at the 90-day mark (avg 90d return +17.4%), but his prior 2 measurable sales at Confluent (both on 2024-02-09) produced a 90d return of -4.6% — a well-timed outcome by sell-timing standards — while his most recent same-ticker sale (2024-08-13) was down 8.4% at 30 days. The company generated $250,199,000.00 in latest-quarter revenue with +32.6% annual growth but remains unprofitable, having posted $-74,144,000.00 in net income for the most recent full fiscal year.

Director Volpi sells 50,000 CFLT shares at $25.92; stock up +28.5% in 30 days, up +39.2% in 90 days

Volpi Michelangelo, a Director, sold 50,000 shares (50.0K shares) of Confluent at $25.92 on 2024-11-01 for $1,296,000.00 ($1.3M), reducing his holdings by 15.1% to 280,200 shares (280.2K shares). The sale occurs against a backdrop of strong recent price momentum: the stock is up +28.5% over the prior 30 days and +39.2% over the prior 90 days, trading well above the sale price at the current $26.43. Across his prior five same-ticker trades at CFLT, his 90-day timing success rate stands at 1 of 1 measurable outcomes, though the February 2024 sale was poorly-timed with a 90-day return of -4.6%, and his recent August and November 2024 sells at CFLT are not yet measurable. The company remains unprofitable (net income $-74,144,000.00 for the most recent full fiscal year) despite strong quarterly revenue of $250,199,000.00 and annual revenue growth of +32.6%, which frames this sale within the context of a high-growth but loss-making business where insider position reductions warrant observer attention.

Director Volpi sells all 478.0K shares at $21.17 (2 transactions); derivative conversion flagged—position may exist in Table II.

Michelangelo Volpi, a Director of Confluent, sold 477,952 shares across two separate sales on 2024-08-13 for a total of $10,120,251.23 at a blended average price of $21.17. Critically, this filing contains a derivative conversion that requires examining Table II securities data (not yet populated in our database), meaning his full position may extend beyond the zero shares shown in Table I and should not be interpreted as a complete liquidation. At the same-ticker level, Volpi's prior four sales at CFLT (on 2024-02-09 and 2023-11-29) were well-timed 80% of the time at the 90-day mark—four of five prior trades produced negative 90-day returns, indicating he historically sold before declines. His cross-ticker track record shows 6 prior sells with a 66.67% well-timed rate, an avg 90d return of +17.4%, and a pattern of selling before gains rather than losses. CFLT itself is currently unprofitable with a -$89.9M net income, trading 36.4% below its 52-week high and down 15.9% in the past 30 days. The combination of a director's exercise of derivative rights and historically well-timed sales at this ticker warrants attention to whether additional restricted holdings remain and what near-term fundamentals may have triggered the conversion and sale.