Trade Summary
5 days ago, Cavoli Stephen, serving as EVP at Virtu Financial, Inc. (VIRT), sold 28,370 shares at $38.94 per share, for a total transaction value of $1,104,657.00. Following this transaction, Cavoli Stephen now holds 116,191 shares of VIRT.
This sale represents a 20.00% decrease in Cavoli Stephen's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Tuesday, February 17, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, February 18, 2026, 1 day after the trade was made.
Virtu Financial, Inc. operates in the FINANCIAL SERVICES sector, specifically within the CAPITAL MARKETS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.