A wave of large insider filings landed this week. Sellers dominated the headlines, but cable mogul John Malone was swimming against the tide.
Malone loads up on Liberty Latin America. Filings show Malone spent over $10M buying LILA shares across multiple trades in late June. He paid between $4.98 and $6.96 per share. A second director, Brendan Paddick, also filed a $488K buy. That's a rare cluster of buying from the top.
Applied Materials CEO cashes out $35M. Gary Dickerson, President and CEO of AMAT, filed a sale of $35.2M worth of stock on July 1. The trade covered 50,332 shares at around $700 each. That's one of the largest C-suite disposals filed this week.
Roivant directors dump $63M combined. Three insiders at ROIV — including board members backed by QVT Financial — filed sales totalling over $63M. The trades hit on June 26 and June 29. That kind of coordinated exit from multiple board-linked sellers stands out.
Nexstar CEO buys his own stock. Perry Sook, Founder and CEO of NXST, filed a $1.99M purchase. He paid $162 per share. CEOs buying their own company with personal money is generally read as a bullish signal.
Adobe director steps in at lows. David Ricks, an independent director at ADBE, filed a $1.95M buy at $194.51 per share — near multi-year lows for the stock.
This article is for informational purposes only and does not constitute financial advice.
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