The biggest insider trading story of the past two weeks is a wave of high-profile selling across US tech and retail.
ASTS CEO and founder Abel Avellan filed on June 23 that he sold 2.5 million shares worth $146.7 million, at $58.68 per share, trading on June 22. The space-tech company's own CFO, Andrew Johnson, also filed a $4.3 million sale earlier this month. Two insiders at the same company selling within weeks is a notable pattern.
At NVDA, independent director Mark Stevens filed sales totalling more than $400 million across June. Four separate transactions were filed, ranging from $21.8 million to $119 million. All trades were executed between $209 and $222 per share. Fellow board member Stephen Neal filed an additional $3.3 million sale.
The Walton Family Holdings Trust filed sales in WMT worth a combined $736 million in two separate batches — one filed June 4 ($200M+) and another filed June 18 ($535M+). The Waltons remain the dominant shareholders, but the pace of selling is notable.
Sweden's EVO saw The Capital Group Companies file an $810 million sell — its largest single disclosed trade this period.
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.
