CEO Dumps $147M as Insiders Cash Out

AST SpaceMobile founder and CEO Abel Avellan filed on June 23 to disclose he sold $146.7 million worth of shares. The trade, executed on June 22, covered 2.5 million shares at $58.68 each. His CFO and President also recently filed sales, making it a full C-suite exit at the satellite internet company.

At NVIDIA, Independent Director Mark Stevens filed on June 23 to report selling $186 million in shares across two tranches on June 18. That brings his total NVIDIA disposals this month alone to over $410 million. Stevens has been a consistent seller, but the pace has accelerated sharply.

Walmart saw 12 insiders file sales totalling over $1 billion in the past 30 days. The latest filings landed on June 18.

On the buying side, a bright spot appeared at Davide Campari-Milano. The Garavoglia family holding firm LAGFIN SCA filed a $3.4 million purchase on June 25, signalling continued founder confidence in the Italian drinks group after a tough year for the stock.

Evolution AB saw a major institutional holder file a $809 million disposal, with Capital Group exiting a large stake in the Swedish gaming company on June 22.

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