Corporate insiders made headlines this past week with sharply contrasting moves across the market.
The Walton family trust filed sales of WMT stock totalling over $532 million, disclosed June 18. The trades took place on June 16 at around $121 per share. This is routine for the Walton family, but the scale is hard to ignore.
NVDA director Mark Stevens filed the sale of roughly $186 million worth of shares on June 23. The two tranches were executed June 18 at around $210 per share. NVIDIA continues to trade near all-time highs.
ASTS founder and CEO Abel Avellan filed a $146.7 million sale on June 23. He sold 2.5 million shares at $58.68. AST SpaceMobile has been one of the year's biggest rallies.
On the buying side, media mogul John Malone stepped up for LILA, filing over $10.7 million in purchases filed across several days. Two directors also filed buys in avocado producer AVO, together spending over — a rare cluster of conviction at a depressed price near $11.
NXST founder and CEO Perry Sook filed a $1.98 million personal purchase. A director at ADBE also filed a $1.95 million buy at $194 per share — a notable bet on Adobe near multi-year lows.
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