AMAT insiders filed a wave of stock sales last week. CEO Gary Dickerson alone sold over $50M worth of shares between mid-June and June 30.
Filings dated July 1 show Dickerson sold 50,332 shares at $700.21 on June 29. He added another 19,970 shares at $735.22 the next day. In total, five executives unloaded over $142M in Applied Materials stock across the past month.
The sellers include the CEO, CTO Omkaram Nalamasu, a division president, a senior vice president, and the independent board chairman. That kind of broad-based selling across the C-suite stands out.
Meanwhile, Dell Technologies saw four insiders collectively dump nearly $592M in shares. Filings hit as recently as June 30.
On the buying side, Zhu Jiangming — founder and CEO of Chinese EV maker Zhejiang Leapmotor Technology — filed purchases worth over $14M this week. He bought shares on at least five separate days between June 24 and June 26. The filings were disclosed July 7. That kind of repeated open-market buying from a founder signals confidence in the stock.
In Hong Kong, Kingboard Holdings saw a family holding entity sell over $326M worth of shares across three days. Six insiders filed sales, making it one of the largest insider sell clusters globally this week.
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.
