A wave of insider selling hit US markets this week, with leadership teams at three companies filing large disposals within days of each other.
AMAT saw the most concentrated activity. CEO Gary Dickerson filed sales totalling over $39M across June 15–16, with the company's CTO, Chairman, and two divisional presidents joining him. Five executives sold nearly $87M combined, all disclosed on June 17–22. Applied Materials shares were trading above $590 at the time.
At AGX, the pattern is equally striking. Argan's Chairman William Griffin Jr filed three separate tranches — $32M, $21.8M, and $15.2M — between June 12 and June 22. CEO David Watson added another $6.5M sale on June 15. The four-person selldown totalled nearly $79M in under two weeks, filed on June 16–23.
The biggest single US trade belongs to ASTS. AST SpaceMobile founder and CEO Abel Avellan filed a $146.7M sale on June 23, disposing of 2.5 million shares at $58.68 each. That represents a major cash-out for the satellite broadband company.
Meanwhile, WMT's Walton Family Holdings Trust filed two separate sales — $184M in early June and $467M on June 18 — continuing the founding family's long-running reduction of their Walmart stake.
This article is not financial advice.
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