Insiders Cash Out $800M This Week

Top insiders filed major stock sales this week. The biggest names: NVDA, WMT, and ASTS.

An NVDA director, Mark Stevens, filed $186M in sales on June 23. He sold 885,000 shares at around $210 each. The trades occurred on June 18. Stevens is an independent director — not an executive — but the scale is hard to ignore.

The Walton Family Holdings Trust filed $533M in WMT sales this week. The trades happened June 16 at roughly $121 per share. Walton family disposals are common but this batch was unusually large.

The headline trade from the C-suite: Abel Avellan, Founder and CEO of ASTS, filed the sale of $146.7M worth of shares on June 23. He sold 2.5 million shares at $58.68 each on June 22. AST SpaceMobile has surged over 400% in the past year. This is Avellan's first major sale in recent months.

William Griffin Jr., chairman at AGX, also filed two tranches of sales totalling $37M this week. Argan has climbed sharply on strong power infrastructure demand.

No significant US insider purchases were filed this week. The sell-only pattern across names like NVDA, WMT, ASTS, and AGX suggests insiders are using recent price strength to reduce exposure.