A hedge fund unloaded nearly $196 million in PRM shares in just five trading days. Windacre Partnership LLC, a 10% owner and board member of Perimeter Solutions, filed Monday showing it sold 5.7 million shares between June 26 and June 30 at prices ranging from $33 to $36. That's one of the largest single-seller disposals filed this week.
Meanwhile, across the Atlantic, the Persson family kept buying HM B. Stefan Persson filed Monday showing three separate purchases totalling $110 million in H&M shares — 6.5 million shares bought between June 25 and June 29. The family controls the Swedish fashion giant and appears to be adding aggressively to its stake.
On the buying side in the US, NXST Chairman and CEO Perry Sook filed last week showing he personally bought nearly $2 million of Nexstar Media stock. An Eli Lilly director also picked up $1.9 million of ADBE shares.
Two AVO directors — Bruce Taylor and Jay Pack — bought a combined $9.5 million of Mission Produce shares, signalling strong conviction in the avocado distributor.
NRDS saw a 10% owner, Topline Capital, file over $17 million in sales of NerdWallet stock across three days — a clear exit from a position in the fintech firm.
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.
