Executives Cash Out at Applied Materials

Applied Materials CEO Gary Dickerson filed multiple stock sales this week worth a combined ~$36M. The trades were reported June 17 and covered sales between June 15–16 at prices around $590–$597 per share. The Independent Chairman also sold nearly $5.6M worth of shares on the same days. That's heavy selling from the very top of the chip equipment giant.

On the buying side, Summit Therapeutics Chairman and CEO Robert Duggan filed a $50M purchase on June 12. He bought 3.81 million shares at $13.12 each. Duggan has a history of large personal bets on his own companies — this one is hard to ignore.

DaVita CEO Javier Rodriguez filed sales totalling over $14.5M on June 17. The trades took place June 15–16 at around $209 per share.

On the buy side, a board-connected hedge fund doubled down on Six Flags Entertainment, filing two purchases of 125,000 shares each — worth nearly $5.9M combined — at prices just under $24.

Fortune Brands Innovations also saw a board-linked activist buy $13M worth of shares at $40.60 on June 10, a signal of confidence ahead of any potential strategic moves.

This is not financial advice.