Filings this week show heavy insider selling across US markets. Applied Materials CEO Gary Dickerson led the pack. He filed sales totalling $55.6M on July 1. The trades occurred June 29–30 at prices around $700–$735 per share.
Alibaba President J. Michael Evans was close behind. He filed $68.4M in sales on July 1. Evans sold 720,000 shares on June 29 at roughly $95 each.
Billionaire Carlos Slim also made headlines. The 10% shareholder of PBF Energy filed $56.7M in sales on July 1. He sold across four separate transactions between June 25 and June 30.
Healthcare was not immune. Two insiders at Aveanna Healthcare filed $43.4M in combined sales on July 2. Director Bob Williams and fund JH Whitney both exited at $8.01 per share.
AI chip maker Cerebras Systems saw its COO Dhiraj Mallick file $12.3M in sales. The trades took place from June 25–30. Chief Accounting Officer Yagnesh Patel also sold, filing $1.4M in shares.
The pattern is broad. Executives across tech, energy, and healthcare are locking in gains. The selling comes as US equities trade near recent highs. No major purchases of comparable size were filed in the same period.
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.
