Insiders filed a wave of sales this week. No large purchases were recorded among US-listed executives, while selling pressure mounted across several names.
Applied Materials' CEO dumps $56M. Gary Dickerson, President and CEO of AMAT, filed sales totaling over $56M on July 1. He sold 70,000+ shares at prices between $700 and $736 each. A divisional president at the same firm sold another $6.3M worth of stock last month.
Atlanticus C-suite exits in unison. Five insiders at ATLC filed sales this week. The CEO, CFO, and Chief Accounting Officer each sold $1M+ in shares on the same dates. The Founder and Executive Chairman added his own disposals. Total filed sales topped $10M.
Alibaba President files $68M sale. J. Michael Evans, President of BABA, disclosed selling nearly 720,000 shares at around $95 each on June 29. The filing was reported July 1.
Perimeter Solutions hedge fund exits $194M. Windacre Partnership, a 10% owner and board member at PRM, filed multiple sales totalling over $194M across several days in late June. The transactions ranged from $33 to $36 per share.
No significant insider purchases were filed in the US this week.
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