RxSight Inc (RXST)

RxSight Inc (RXST) stock dropped by 5.14% due to Chief Operating Officer Ilya Goldshleger's sale of 7,129 shares of the company's stock. The transaction took place on February 1st, with the shares sold at an average price of $49.29, totaling $351,388.41. Goldshleger now holds 26,475 shares valued at $1,304,952.75. These transactions were disclosed in documents filed with the Securities & Exchange Commission. This insider selling activity likely contributed to the decline in Liberty Broadband's stock price. Investors often closely monitor insider transactions, as significant sales by major shareholders can signal reduced confidence in the company's performance or prospects. The substantial reduction in ownership by Thompson Siegel & Walmsley LLC may have prompted concerns among other investors, leading to selling pressure and a subsequent decline in the stock's price.