Chip Execs Cash Out Near Record Highs

Insider filings this week reveal a wave of selling across US tech and healthcare stocks, with AMAT at the center of the most striking cluster.

Five separate Applied Materials insiders filed sales totaling nearly $87M in the past week. CEO Gary Dickerson alone disclosed four separate sell transactions worth over $30M, all executed around $590–$597 per share. A division president added another $6.3M sale. The coordinated timing stands out — five insiders exiting in the same week is rare.

AGX also saw heavy executive selling. Four insiders at the power plant construction firm filed combined sales of $41.8M. CEO David Watson disclosed a $6.5M sale on June 15, while Chairman William Griffin filed a $32M disposal days later. The stock has surged over the past year, and leadership appears to be locking in gains.

DVA CEO Javier Rodriguez filed two separate sales this week totalling $14.5M, with shares changing hands near $209. Two insiders combined pushed total DaVita filings past $16M.

On the buy side, AAOI stands out — though CEO Thompson Lin filed a $9.8M purchase at $166, it was actually a sale. The lone bright spot: Mission Produce (AVO) saw two insiders file purchases totalling $8.75M, a rare bullish cluster in an otherwise seller-dominated week.

This is not financial advice.