AMAT Execs Cash Out $107M

Applied Materials insiders filed to sell over $107 million in stock this month. CEO Gary Dickerson alone sold nearly $45 million across multiple transactions filed June 17. CTO Omkaram Nalamasu sold another $10 million the same week. Division President Prabu Raja added $24 million in sales filed June 5.

The coordinated selling is hard to miss. At least five senior executives — CEO, CTO, Chairman, and two division heads — all sold shares within a 12-day window. Prices ranged from $504 to $600 per share.

Meanwhile, Walmart insiders filed to sell over $1 billion combined in the past 30 days. Twelve separate filings hit the record in mid-June.

On the buying side, CSPC Pharmaceutical Executive Chairman Cai Dong Chen filed to purchase $48 million in company stock across multiple trades since late May. His most recent buy was filed today, June 22. That is a notable show of conviction from the top of the company.

Japanese conglomerate ITOCHU also filed repeated purchases of SKY Perfect JSAT worth over $87 million in total. The buying started in May and continued through mid-June.

Dell Technologies also saw heavy selling — 397 separate transactions totaling $869 million filed recently.

This article is for informational purposes only and does not constitute financial advice.