Insider selling dominated filings over the past two weeks. The trend spans tech, retail, and aerospace.
AST SpaceMobile CEO and founder Abel Avellan filed on June 23. He sold 2.5 million shares worth $146.7M at $58.68. The stock has rallied sharply in 2026, and the CEO appears to be locking in gains.
NVIDIA director Mark Stevens filed the same day. He sold nearly 885,000 shares across two transactions for a combined $186M at around $210 per share.
Applied Materials CEO Gary Dickerson filed July 1. He sold 50,332 shares worth $35.2M at $700.21 per share.
Alibaba President J. Michael Evans filed July 1. He sold 693,000 shares for $65.8M at $94.92.
The one standout buyer: Summit Therapeutics Chairman and CEO Robert Duggan filed June 12. He bought 3.81 million shares for $50M at $13.12. Duggan's open-market purchase signals strong personal conviction in the company's drug pipeline.
The ratio tells the story. US insiders filed 2,485 sells vs. just 965 buys in the past 30 days.
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.