Stock Markets February 2, 2026

Insider Activity Spotlight: Major Purchases in Hycroft Mining Amid Heavy Volume; Multiple Executive Sales Across Tech and Energy Names

Significant insider purchases and programmed sales disclosed for Jan 24-30, with notable moves in mining, insurance, industrials and tech sectors

By Jordan Park HYMC IBM
Insider Activity Spotlight: Major Purchases in Hycroft Mining Amid Heavy Volume; Multiple Executive Sales Across Tech and Energy Names
HYMC IBM

This report summarizes the material insider transactions filed and disclosed on Friday, February 1, 2026, detailing sizeable purchases by major shareholders and corporate insiders as well as several pre-arranged sales. The largest disclosed buy was a $9.2 million acquisition of Hycroft Mining Class A shares by a 10% owner. Other notable buys included transactions by an institutional insurance investor in Berkley, International Paper's CEO, and an IBM director. Significant sales were executed by executives at CoreWeave, Netflix, and Nano Nuclear Energy, largely under pre-set trading plans or through affiliated entities.

Key Points

  • Largest disclosed buy: Eric Sprott, through 2176423 Ontario Ltd., acquired 200,000 Hycroft Mining Class A shares at $45.99 each for $9,198,000, resulting in an indirect holding of 36,753,704 shares via Sprott Mining Inc.
  • Institutional and executive purchases were reported at Berkley, International Paper and IBM, while programmed and entity-linked sales occurred at CoreWeave, Netflix and Nano Nuclear Energy - affecting sectors including mining, insurance, industrials, cloud infrastructure, streaming media and advanced energy.
  • Insider sales included several transactions executed under 10b5-1 plans or through affiliated entities, totaling millions of dollars in proceeds for individual executives and related parties.

Overview

Regulatory filings made public through February 1, 2026 revealed a series of substantial insider purchases and programmed disposals across a range of U.S.-listed companies. The disclosures include both large strategic acquisitions by major shareholders and multiple sales executed under pre-arranged plans or through related entities. The activity spans mining, insurance, industrials, cloud infrastructure, streaming media and emerging nuclear energy companies.


Top insider buys

Hycroft Mining Holding Corp. - The most sizeable individual acquisition disclosed was by ten-percent owner Eric Sprott. Acting through 2176423 Ontario Ltd., Sprott purchased 200,000 shares of Class A common stock at $45.99 per share, for an aggregate consideration of $9,198,000. The filing notes that the purchase occurred while Hycroft shares have experienced high short-term volatility - declining 26% over the prior week and trading at $37.35, below the price paid by Sprott. After the transaction, Sprott is recorded as indirectly owning 36,753,704 shares via Sprott Mining Inc., a wholly-owned subsidiary of 2176423 Ontario Ltd.

Berkley W R Corp. - Mitsui Sumitomo Insurance Co., LTD, a ten-percent owner, completed three purchases across January 29-30, 2026, acquiring a combined stake valued at about $33 million. The transactions comprised 262,282 shares at a weighted average price of $68.0816, an additional 27,718 shares at $68.5605, and 195,000 shares at $68.3611. Post-purchases, Mitsui Sumitomo Insurance directly holds 56,103,435 shares of Berkley.

International Paper - CEO Andrew K. Silvernail bought 50,000 shares of common stock on January 30 for roughly $1.99 million. The filings show an average purchase price of $39.9793, with trade prices ranging from $39.80 to $40.26. The disclosure notes the stock has fallen more than 6% over the past week and nearly 25% over the past year, even as it carries a 4.59% dividend yield and a history of 56 consecutive years of dividend payments.

International Business Machines - Director David N. Farr purchased 1,000 shares on January 30 at $304.00 per share, for a total of $304,000. The filing records that Farr now directly owns 9,258 shares of IBM.

NB Bancorp, Inc. - Director Mary Susan Elliott reported two purchases: 10,000 shares on January 24, 2025 at $18.72 per share ($187,200) and 1,434 shares on May 2, 2025 at $21.39 per share ($30,673), together totaling $217,873. The disclosure indicates that following the first purchase Elliott directly owned 115,761 shares, with additional holdings indirectly held by her spouse.


Top insider sells

CoreWeave, Inc. - CEO and President Michael N. Intrator, a director and ten-percent owner, sold a total of $8.7 million in Class A common stock on January 28. These sales were carried out under a pre-arranged 10b5-1 trading plan. Prices in the reported transactions ranged from $103.611 to $113.8728 per share. Intrator sold 47,455 shares directly for approximately $4.9 million, and additional shares were sold through Omnadora Capital LLC, where Intrator is the sole manager, for about $3.8 million.

Netflix - Co-CEO Gregory K. Peters sold 105,781 shares on January 29 under a 10b5-1 arrangement, in transactions totaling approximately $8.7 million. The filings show two tranches: 98,221 shares sold at a weighted average price of $82.8728 (range $82.37 to $83.3692) and 7,560 shares at a weighted average price of $83.7538 (range $83.37 to $84.35).

Nano Nuclear Energy Inc. - A cluster of related filings show significant insider liquidity events on January 28-29. CEO James John Walker sold 204,990 shares on January 28 for about $6.6 million, at prices ranging from $33.6438 to $35.2733. On that same day Walker exercised options to acquire 170,000 shares at an exercise price of $1.50, for total consideration of $255,000. Separately, ten-percent owner I Financial Ventures Group LLC reported sales on January 28-29 totaling $16.78 million at prices between $30.7623 and $35.25. Company President and Chairman Yu Jiang, indirectly through I Financial Ventures Group LLC, sold 507,621 shares on January 28-29 at prices in the same range, producing proceeds of approximately $16.8 million.


Context and caution for investors

These disclosures provide windows into insider positioning but do not, on their own, establish causation about company prospects. The filings in this set include both large purchases - which can be interpreted as commitments of capital by insiders or major holders - and programmed or related-party sales, which may reflect pre-arranged liquidity plans or internal rebalancing. Market participants should weigh these transactions alongside fundamental metrics and broader market dynamics when forming views.


Risks

  • Price volatility - Hycroft Mining shares fell 26% in the prior week and are trading below the price paid by the disclosed insider buyer, reflecting elevated short-term market risk for the miner.
  • Interpretation uncertainty - Insider selling can indicate valuation or timing decisions but may also reflect personal financial planning or pre-arranged trading plans; filings alone do not convey the underlying motivation.
  • Concentration and liquidity - Large sales or purchases by significant holders or insiders can change free float dynamics and affect liquidity, particularly in smaller cap or less liquid names referenced in the filings.

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