Insider selling dominated filings this week. Three notable names moved hundreds of millions in stock over a few days.
The biggest single exit came from Evolution AB. Capital Group Companies — a 10% owner of EVO — filed a sale of over 11 million shares worth $810M on June 24. The trade took place June 22. That is the largest single insider transaction filed this week by a wide margin.
At ASTS, founder and CEO Abel Avellan filed a sale of 2.5 million shares worth $146.7M on June 23. The trade occurred June 22 at $58.68 per share. The sale comes as AST SpaceMobile trades near multi-year highs after major satellite deployment news, making the timing notable.
NVDA director Mark Stevens filed two separate sell transactions on June 23. Combined, the trades total nearly $186M — covering 885,000 shares at around $210 each. Both trades were executed June 18.
Meanwhile, Kingboard Holdings showed the most concentrated group selling of the week. Five separate insiders at the Hong Kong-listed laminates group collectively sold over $1.27B in shares across three days. All filings landed on June 24–25.
No significant C-suite purchases above $1M were filed in the past seven days. The absence of buying, combined with heavy executive selling, signals caution at the top of several major companies heading into July.
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.
