A wave of insider selling hit US markets over the past month. Three names stand out: BABA, AMAT, and DELL.
Alibaba president sells $66M. J. Michael Evans, President of BABA, filed on July 1 to disclose a $65.8M stock sale. The trade occurred on June 29. He sold nearly 693,000 shares at $94.92 each. That is the largest single C-level filing in the past week.
Applied Materials: a boardroom selloff. Six insiders at AMAT filed combined sales of over $113M. CEO Gary Dickerson alone sold more than $38M across multiple transactions in mid-June. The board chair, CTO, and two divisional presidents also sold. The coordinated timing is hard to ignore.
Silver Lake exits Dell. Private equity firm Silver Lake Group filed multiple sales of DELL shares in early June. Total disclosed value exceeds $874M across five filings. General Counsel Richard Rothberg also sold $8.2M on June 15. Silver Lake holds a board seat, making this a significant vote of no confidence.
One buyer stands out. United Bank Limited's CEO Muhammad Jawaid Iqbal filed a $8M purchase on July 1. He bought 5 million shares at PKR 447. C-level buying is rare — this one is worth watching.
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.
