Stock Markets February 4, 2026

Insider Trades Snapshot: Large Sales at Netflix and Caterpillar; Directors Buy into Streamex and Crane

Tuesday filings show concentrated selling by executives at major names and targeted purchases by directors and funds in smaller issues

By Priya Menon STEX SRZN CR TPL NFLX
Insider Trades Snapshot: Large Sales at Netflix and Caterpillar; Directors Buy into Streamex and Crane
STEX SRZN CR TPL NFLX

Corporate insiders disclosed a range of notable transactions on Tuesday, February 3, 2026, spanning large-cap technology and industrial names as well as smaller-cap and sector-specific issuers. Significant insider purchases included Streamex Corp, multiple TCG Crossover entities in Surrozen, and two Crane Co directors. At the opposite end of the tape, major sales were reported at Netflix and Caterpillar, alongside senior-level disposals at Brinker and UMB Financial. These filings underline differentiated insider behavior across sectors and market caps, with some insiders adding to stakes even as share prices have recently been weak.

Key Points

  • Major selling reported at Netflix and Caterpillar, with Netflix Director Reed Hastings selling 390,970 shares for about $32.7 million and Caterpillar executives executing multi-part option exercises and disposals.
  • Directors and funds increased or established positions in smaller or sector-specific companies including Streamex, Surrozen, Crane Co and a tiny, symbolic purchase at Texas Pacific Land.
  • Insider activity spans multiple sectors - media/streaming, industrial machinery, financials, restaurants and biotech - underscoring varied insider behavior across market caps.

Here is a detailed account of the most prominent insider transactions disclosed for U.S.-listed companies on Tuesday, February 3, 2026.


Top insider buys

Streamex Corp (NASDAQ: STEX) saw a notable director-level purchase on February 3, 2026. Lekstrom Morgan Lee, identified as a 10 percent owner, bought 23,500 shares at $3.06 apiece, representing a cash outlay of $71,910. The filing indicates Lee retains indirect ownership of 102,500 shares through All Mine Consulting Ltd, an entity over which the reporting person has voting and dispositive control. The purchase arrives at a time when STEX shares have fallen roughly 9% in the prior week but remain up about 220% over the last 12 months. Streamex’s market capitalization sits near $57 million, and although some analysts have set a $12 per-share price target, certain fair-value assessments characterize the stock as overvalued.

Surrozen, Inc. (NASDAQ: SRZN) disclosed acquisitions by multiple funds affiliated with TCG Crossover. TCG Crossover Fund II, L.P., TCG Crossover GP II, LLC, TCG Crossover Fund III, L.P., and TCG Crossover GP III, LLC completed purchases of common stock across transactions dated between January 30 and February 3, 2026. Aggregate consideration for those purchases totaled $202,534, with transaction prices spanning $21.38 to $21.94 per share.

Crane Co (NYSE: CR) recorded two director purchases on January 29, 2026. Director Sanjay Kapoor acquired 2,814 shares at $177.68 each for $499,991, while Director Jennifer Pollino purchased 1,500 shares at $184.29, for $276,435. These buys were reported after Crane released its fourth-quarter 2025 results, which showed reported earnings per share in line with forecasts at $1.53, while revenue of $581 million came in below the $624.82 million analysts had projected.

Texas Pacific Land Corp (NYSE: TPL) registered a small but notable filing on February 2, 2026, when Horizon Kinetics Asset Management LLC acquired a single share of common stock at $338.12. Following that purchase the firm reported total ownership of 3,479,364 shares. The company’s recent quarterly disclosure noted that it missed both earnings-per-share and revenue estimates in its third-quarter 2025 report.


Top insider sells

Netflix (NASDAQ: NFLX) recorded one of the larger insider disposals on February 2, 2026, when Director Reed Hastings sold 390,970 shares of common stock. The scheduled transactions produced approximately $32.7 million in proceeds, with execution prices ranging from $83.22 to $84.96 per share. The sales coincide with a marked decline in Netflix shares, which are trading near $79.94, down about 32% over the past six months and close to the 52-week low of $79.62.

Caterpillar (NYSE: CAT) also featured multiple insider moves on February 2, 2026. Group President Bob De Lange disposed of 15,977 shares for roughly $10.9 million at prices between $682.93 and $683.49. On the same day De Lange exercised options to purchase 20,512 shares at an exercise price of $151.12, for a total option cost of $3,099,773, and concurrently sold 4,535 shares at $683.41. Group President Anthony D. Fassino sold 10,671 shares for roughly $7.2 million at prices ranging from $680.16 to $681.09 after exercising options to acquire 15,000 shares at $196.70.

Brinker International, Inc. (NASDAQ: EAT) disclosed that President and CEO Kevin Hochman sold 66,000 shares on January 29, 2026, generating proceeds of $10,580,460 with prices in the range of $153.27 to $164.25 per share. The filing also notes that Hochman gifted 2,000 shares on January 30, 2026.

UMB Financial Corp (NASDAQ: UMBF) reported that Chairman and CEO Kemper J. Mariner sold a total of 18,714 shares on February 2, 2026, raising approximately $2.4 million. Those sales occurred across several transactions at prices between $128.04 and $129.19. UMB Financial, which has a market capitalization of approximately $9.73 billion, is trading near its 52-week high of $131.60 and has gained about 18.89% over the past six months.


Why these filings matter

Insider transactions are commonly monitored because executives, directors and significant shareholders often have access to internal information that can inform their investment decisions. Substantial insider buying can be interpreted as a sign of confidence in a company’s prospects, while notable selling may be read as caution. That said, insiders may sell for reasons unrelated to company fundamentals, including diversification, tax planning or personal financial obligations. Context is therefore essential when incorporating these filings into an investment framework. Observing insider activity alongside company fundamentals and other research can provide a more complete view for portfolio decision-making.

Risks

  • Insider sales can reflect non-fundamental motivations such as diversification, tax planning or personal liquidity needs, limiting the signal value of selling - affects interpretation across all sectors mentioned.
  • Recent price weakness in names like Netflix and Streamex introduces valuation uncertainty; Streamex is noted by some fair-value assessments as overvalued despite recent director buying.
  • Revenue shortfalls or earnings misses for companies such as Crane Co and Texas Pacific Land add near-term operational uncertainty that may influence future insider behavior - relevant to industrials and land-management sectors.

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