Key points

  • Arista Networks, Inc. insiders sold $538.2 million of stock, most recently on October 20th, 2026.
  • CrowdStrike Holdings, Inc. insiders sold $404.1 million of stock, most recently on October 22nd, 2026.
  • Snowflake Inc. insiders sold $390.5 million of stock, most recently on October 21st, 2026.

Exchange and index data put the technology sector at -3.4% for September 29th, 2026 to October 29th, 2026, with the S&P 500 at 0.4% and XLK trailing the market by -3.8%. Twelve names cleared the FS-01 sale screen in that window, covering $3.11 billion across 2397 filings from 67 filers, and the screen is built on filings rather than on performance.

The backdrop

The October 29th, 2026 Department of Labor print showed the jobless claims four-week average at 197, against 198 previously. A labour market that is still absorbing workers keeps the Federal Reserve in no hurry to ease, and technology valuations that lean on distant cash flows discount at the long end, so steady claims readings hold the discount rate higher than a software or semiconductor multiple would prefer. That mechanism explains why scheduled selling continued even as the sector lost ground against the index.

FS-01 results
InsiderRoleDateSharesPriceValueFiling date
Arista Networks, Inc. (ANET)
Duda KennethPresident and CTOOctober 20th, 20266,487$180.93$1.17 millionOctober 22nd, 2026
Duda KennethPresident and CTOOctober 20th, 20265,973$181.78$1.09 millionOctober 22nd, 2026
Duda KennethPresident and CTOOctober 20th, 20265,988$180.93$1.08 millionOctober 22nd, 2026
Duda KennethPresident and CTOOctober 20th, 20265,514$181.78$1.00 millionOctober 22nd, 2026
Price at publish daten/aOctober 29th, 2026n/a$184.00n/aVERIFY
CrowdStrike Holdings, Inc. (CRWD)
Kurtz GeorgePRESIDENT AND CEOOctober 22nd, 20263,000$238.69$716,070October 23rd, 2026
Kurtz GeorgePRESIDENT AND CEOOctober 22nd, 20262,960$237.86$704,066October 23rd, 2026
Kurtz GeorgePRESIDENT AND CEOOctober 22nd, 20261,040$236.66$246,126October 23rd, 2026
Kurtz GeorgePRESIDENT AND CEOOctober 22nd, 2026760$239.65$182,134October 23rd, 2026
Price at publish daten/aOctober 29th, 2026n/a$259.20n/aVERIFY
Snowflake Inc. (SNOW)
Dageville BenoitDirectorOctober 21st, 202650,000$321.74$16.09 millionOctober 23rd, 2026
Dageville BenoitDirectorOctober 7th, 202650,000$333.42$16.67 millionOctober 8th, 2026
Speiser Michael LDirectorOctober 2nd, 202634,005$344.00$11.70 millionOctober 2nd, 2026
Speiser Michael LDirectorOctober 2nd, 202612,973$344.00$4.46 millionOctober 2nd, 2026
Price at publish daten/aOctober 29th, 2026n/a$326.38n/aVERIFY
CoreWeave, Inc. (CRWV)
Jones JonathanChief Revenue OfficerOctober 13th, 202615,100$77.18$1.17 millionOctober 14th, 2026
Jones JonathanChief Revenue OfficerOctober 13th, 20265,969$77.92$465,094October 14th, 2026
Jones JonathanChief Revenue OfficerOctober 13th, 2026500$78.74$39,372October 14th, 2026
Jones JonathanChief Revenue OfficerOctober 12th, 202615,811$80.36$1.27 millionOctober 14th, 2026
Price at publish daten/aOctober 29th, 2026n/a$60.80n/aVERIFY
Broadcom Inc. (AVGO)
SAMUELI HENRYDirectorSeptember 23rd, 2026230,031$355.50$81.78 millionnot reported
SAMUELI HENRYDirectorSeptember 23rd, 2026186,809$354.71$66.26 millionnot reported
SAMUELI HENRYDirectorSeptember 23rd, 202685,221$356.58$30.39 millionnot reported
SAMUELI HENRYDirectorSeptember 23rd, 202650,998$357.52$18.23 millionnot reported
Price at publish daten/aOctober 29th, 2026n/a$344.01n/aVERIFY
Seagate Technology Holdings plc (STX)
MOSLEY WILLIAM DCEOOctober 1st, 20261,665$930.99$1.55 millionOctober 2nd, 2026
MOSLEY WILLIAM DCEOOctober 1st, 20261,320$932.04$1.23 millionOctober 2nd, 2026
MOSLEY WILLIAM DCEOOctober 1st, 20261,146$912.04$1.05 millionOctober 2nd, 2026
MOSLEY WILLIAM DCEOOctober 1st, 20261,080$925.88$999,953October 2nd, 2026
Price at publish daten/aOctober 29th, 2026n/a$691.00n/aVERIFY
Everpure, Inc. (P)
Colgrove JohnChief Visionary OfficerOctober 14th, 202621,965$141.31$3.10 millionOctober 16th, 2026
Colgrove JohnChief Visionary OfficerOctober 14th, 202617,600$142.28$2.50 millionOctober 16th, 2026
Colgrove JohnChief Visionary OfficerOctober 14th, 202611,558$148.25$1.71 millionOctober 16th, 2026
Colgrove JohnChief Visionary OfficerOctober 14th, 20268,299$149.40$1.24 millionOctober 16th, 2026
Price at publish daten/aOctober 29th, 2026n/a$137.70n/aVERIFY
Cloudflare, Inc. (NET)
SEIFERT THOMAS JChief Financial OfficerOctober 19th, 20263,756$299.36$1.12 millionOctober 19th, 2026
SEIFERT THOMAS JChief Financial OfficerOctober 19th, 20263,401$298.32$1.01 millionOctober 19th, 2026
SEIFERT THOMAS JChief Financial OfficerOctober 19th, 20262,643$300.39$793,934October 19th, 2026
Ledbetter CarlDirectorOctober 19th, 20261,963$304.47$597,683October 19th, 2026
Price at publish daten/aOctober 29th, 2026n/a$304.60n/aVERIFY
Datadog, Inc. (DDOG)
Le-Quoc AlexisChief Technology OfficerOctober 7th, 202618,609$271.40$5.05 millionOctober 9th, 2026
Le-Quoc AlexisChief Technology OfficerOctober 7th, 202613,036$274.51$3.58 millionOctober 9th, 2026
Le-Quoc AlexisChief Technology OfficerOctober 7th, 20268,268$275.26$2.28 millionOctober 9th, 2026
Le-Quoc AlexisChief Technology OfficerOctober 7th, 20265,338$272.25$1.45 millionOctober 9th, 2026
Price at publish daten/aOctober 29th, 2026n/a$264.51n/aVERIFY
Nebius Group N.V. (NBIS)
Boynton John Wilson IVDirectorOctober 15th, 2026960$188.20$180,672October 19th, 2026
Boynton John Wilson IVDirectorOctober 15th, 2026700$176.72$123,704October 19th, 2026
Boynton John Wilson IVDirectorOctober 15th, 2026600$180.26$108,156October 19th, 2026
Boynton John Wilson IVDirectorOctober 15th, 2026500$175.72$87,860October 19th, 2026
Price at publish daten/aOctober 29th, 2026n/a$170.00n/aVERIFY
Cerebras Systems Inc. (CBRS)
Lie SeanChief Technology OfficerOctober 27th, 202645,400$115.46$5.24 millionOctober 28th, 2026
Lie SeanChief Technology OfficerOctober 27th, 202614,500$116.82$1.69 millionOctober 28th, 2026
Lie SeanChief Technology OfficerOctober 27th, 2026100$113.92$11,392October 28th, 2026
Mallick DhirajChief Operating OfficerSeptember 29th, 202668,830$194.91$13.42 millionSeptember 30th, 2026
Price at publish daten/aOctober 29th, 2026n/a$113.35n/aVERIFY
Sandisk Corp (SNDK)
Shek BernardChief Legal Officer and SectyOctober 1st, 2026600$1734.94$1.04 millionOctober 2nd, 2026
Goeckeler DavidChairman & CEOSeptember 17th, 20269,604$1569.00$15.07 millionnot reported
Goeckeler DavidChairman & CEOSeptember 17th, 20264,558$1571.21$7.16 millionnot reported
Goeckeler DavidChairman & CEOSeptember 17th, 20264,139$1576.82$6.53 millionnot reported
Price at publish daten/aOctober 29th, 2026n/a$1326.03n/aVERIFY
Benchmark return, same periodXLK versus the S&P 500September 29th, 2026 to October 29th, 2026n/a-3.4%n/aVERIFY
Figures are as of the data pull date shown. Each is stored with its filing accession or price date.Source: Screen FS-01 v1, results as of October 29th, 2026

Arista Networks, Inc. (ANET)

At Arista Networks (ANET), 6 filers recorded $538.2 million in open-market sales between August 3rd, 2026 and October 20th, 2026 across 199 transactions. President and CTO Duda Kenneth sold 6,487 shares at $180.93 for $1.17 million and 5,973 shares at $181.78 for $1.09 million on October 20th, 2026, both filed October 22nd, 2026, alongside 5,988 shares at $180.93 for $1.08 million and 5,514 shares at $181.78 for $1.00 million, all under a Rule 10b5-1 plan. The close was $184.00, 15.4% below the 52-week high, against a sector that returned -3.4%.

CrowdStrike Holdings, Inc. (CRWD)

CrowdStrike (CRWD) saw $404.1 million from 7 filers across 646 transactions from July 31st, 2026 to October 22nd, 2026. President and CEO Kurtz George sold 3,000 shares at $238.69 for $716,070, 2,960 shares at $237.86 for $704,066, 1,040 shares at $236.66 for $246,126 and 760 shares at $239.65 for $182,134, all on October 22nd, 2026 and filed October 23rd, 2026 under a plan. The close was $259.20, 9.7% off the high, the narrowest drawdown on this list while XLK sat at -3.8% versus the S&P 500.

Snowflake Inc. (SNOW)

Snowflake (SNOW) produced $390.5 million from 5 filers over 80 transactions between July 31st, 2026 and October 21st, 2026. Director Dageville Benoit sold 50,000 shares at $321.74 for $16.09 million on October 21st, 2026 and 50,000 shares at $333.42 for $16.67 million on October 7th, 2026. Director Speiser Michael L sold 34,005 shares and 12,973 shares, both at $344.00 on October 2nd, 2026, for $11.70 million and $4.46 million. The close was $326.38, 15.1% below the high.

CoreWeave, Inc. (CRWV)

CoreWeave (CRWV) recorded $375.2 million from 7 filers across 383 transactions from August 3rd, 2026 to October 13th, 2026. Chief Revenue Officer Jones Jonathan sold 15,100 shares at $77.18 for $1.17 million, 5,969 shares at $77.92 for $465,094 and 500 shares at $78.74 for $39,372 on October 13th, 2026, plus 15,811 shares at $80.36 for $1.27 million on October 12th, 2026. The close was $60.80, 57.1% below the 52-week high, far weaker than the sector's -3.4%.

Broadcom Inc. (AVGO)

Broadcom (AVGO) is a single-filer entry: 1 insider, 16 transactions, $250.0 million, all dated September 23rd, 2026. Director SAMUELI HENRY sold 230,031 shares at $355.50 for $81.78 million, 186,809 shares at $354.71 for $66.26 million, 85,221 shares at $356.58 for $30.39 million and 50,998 shares at $357.52 for $18.23 million under a Rule 10b5-1 plan. The close was $344.01, 30.5% off the high.

Seagate Technology Holdings plc (STX)

Seagate (STX) logged $212.9 million from 6 filers over 355 transactions between August 3rd, 2026 and October 1st, 2026. CEO MOSLEY WILLIAM D sold 1,665 shares at $930.99 for $1.55 million, 1,320 shares at $932.04 for $1.23 million, 1,146 shares at $912.04 for $1.05 million and 1,080 shares at $925.88 for $999,953, all on October 1st, 2026 and filed October 2nd, 2026. The close was $691.00, 39.7% below the high.

Everpure, Inc. (P)

Everpure (P) showed $198.3 million from 3 filers across 115 transactions from August 4th, 2026 to October 14th, 2026. Chief Visionary Officer Colgrove John sold 21,965 shares at $141.31 for $3.10 million, 17,600 shares at $142.28 for $2.50 million, 11,558 shares at $148.25 for $1.71 million and 8,299 shares at $149.40 for $1.24 million on October 14th, 2026, filed October 16th, 2026. The close was $137.70, 12.6% off the high, a shallower gap than the sector's -3.4% period move would suggest.

Cloudflare, Inc. (NET)

Cloudflare (NET) drew $174.2 million from 8 filers over 229 transactions between August 3rd, 2026 and October 19th, 2026. Chief Financial Officer SEIFERT THOMAS J sold 3,756 shares at $299.36 for $1.12 million, 3,401 shares at $298.32 for $1.01 million and 2,643 shares at $300.39 for $793,934, while Director Ledbetter Carl sold 1,963 shares at $304.47 for $597,683, all on October 19th, 2026. The close was $304.60, 17.8% below the high.

Datadog, Inc. (DDOG)

Datadog (DDOG) had the widest filer base here, 11 insiders and $171.1 million across 191 transactions from August 4th, 2026 to October 7th, 2026. Chief Technology Officer Le-Quoc Alexis sold 18,609 shares at $271.40 for $5.05 million, 13,036 shares at $274.51 for $3.58 million, 8,268 shares at $275.26 for $2.28 million and 5,338 shares at $272.25 for $1.45 million on October 7th, 2026, filed October 9th, 2026. The close was $264.51, 12.0% off the high.

Nebius Group N.V. (NBIS)

Nebius Group (NBIS) recorded $138.1 million from 4 filers across 62 transactions between August 14th, 2026 and October 15th, 2026. Director Boynton John Wilson IV sold 960 shares at $188.20 for $180,672, 700 shares at $176.72 for $123,704, 600 shares at $180.26 for $108,156 and 500 shares at $175.72 for $87,860 on October 15th, 2026, filed October 19th, 2026. The close was $170.00, 43.3% below the high, well behind the S&P 500's 0.4%.

Cerebras Systems Inc. (CBRS)

Cerebras Systems (CBRS) shows $135.4 million from 5 filers over 54 transactions from August 17th, 2026 to October 27th, 2026. Chief Technology Officer Lie Sean sold 45,400 shares at $115.46 for $5.24 million, 14,500 shares at $116.82 for $1.69 million and 100 shares at $113.92 for $11,392 on October 27th, 2026. Chief Operating Officer Mallick Dhiraj sold 68,830 shares at $194.91 for $13.42 million on September 29th, 2026. The close was $113.35, 70.7% off the high.

Sandisk Corp (SNDK)

Sandisk (SNDK) logged $121.2 million from 4 filers across 67 transactions between August 3rd, 2026 and October 1st, 2026. Chief Legal Officer and Secty Shek Bernard sold 600 shares at $1734.94 for $1.04 million on October 1st, 2026. Chairman and CEO Goeckeler David sold 9,604 shares at $1569.00 for $15.07 million, 4,558 shares at $1571.21 for $7.16 million and 4,139 shares at $1576.82 for $6.53 million on September 17th, 2026. The close was $1326.03, 43.7% below the high.

What would change the view

  • The next Jobless Claims 4-Week Average release, measured against the 197 printed on October 29th, 2026 and the 198 before it, would test whether the rate backdrop behind these technology multiples is still steady.
  • A fresh Form 4 from Cerebras Systems after the October 27th, 2026 filing, or from CrowdStrike after October 22nd, 2026, would show whether these plans keep executing on schedule or pause.

Methodology and sources

Screen. FS-01 v1: At least 1 open-market sale (code S) by an officer or director filed under a Rule 10b5-1 plan in the last 90 days. Aggregate value at least $1,000,000. This screen is defined by the desk rather than by the published specification.

Data pull. Prices and filings as of October 29th, 2026, covering September 29th, 2026 to October 29th, 2026.

Benchmark. XLK versus the S&P 500, priced on exchange closes over the same dates. Period return is the close on the end date divided by the close on the start date, minus one.

Filing accessions. 0001596532-26-000248, 0001778564-26-000191, 0001821737-26-000017, 0001821737-26-000016, 0001433644-26-000017, 0001769628-26-000448, 0001104659-26-110983, 0001137789-26-000262, 0001137789-26-000261, 0001474432-26-000103, 0001473289-26-000031, 0001366574-26-000026, 0001561550-26-000324, 0001513845-26-000132, 0001628280-26-067978, 0001628280-26-064042, 0001242648-26-000045, 0001242648-26-000041

InsiderBuying.com reports and analyzes public filings. This article does not recommend any security. Methodology.

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