The biggest insider story of the past fortnight centres on ASTS. Founder and CEO Abel Avellan filed on June 23, disclosing he sold 2.5 million shares at $58.68 on June 22. That trade was worth $146.7 million — a striking exit from a stock that has rallied sharply this year.
At NVDA, Independent Director Mark Stevens filed multiple large sales. He sold over 1.8 million shares across several trades in early and mid-June. Total disclosed value tops $400 million. The trades came at prices ranging from $209 to $222, near recent highs for the chipmaker.
The Walton family continued offloading WMT stock. Walton Family Holdings Trust filed on June 18, showing it sold nearly 5.9 million shares across two trade dates totalling over $617 million. These are large but recurring transactions by the controlling family.
On the buying side, a director at KARD stood out. Paul Berns, Independent Director of Kardigan Inc., filed on June 24 showing a $20 million purchase at $16.00 per share on June 22. That is a rare and large open-market buy for a small-cap name.
Separately, Evolution AB saw Capital Group dump over $809 million in shares. That filing landed on June 24.
Buying pressure was notable in Asia. JPMorgan added over $121 million in MMG Limited and nearly $94 million in Lenovo. Xiaomi also added to its stake in Kingsoft, filing two buys worth over $33 million combined.
This is not financial advice.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
