RH Chairman and CEO Gary Friedman filed sales totaling over $18 million this week. The trades were executed between July 6 and July 8, at prices ranging from $155 to $170 per share. That's a sharp exit at the top of a recent price run.
At the same time, independent director Carlos Alberini filed purchases worth roughly $1.8 million in late June — moving in the opposite direction to his CEO.
Across town, ServiceTitan saw its largest backer quietly offloading shares. Bessemer Venture Partners filed sales exceeding $29 million over the past two weeks. The VC firm has been selling steadily across multiple trading days, unloading blocks at prices between $68 and $80. The company's Chief Accounting Officer also filed a $397K sale on July 7.
Over at Liquidia Corporation, board-affiliated seller Stephen Bloch filed sales of over $8 million in back-to-back transactions on July 6 and 7. Fellow VC fund Canaan VIII also filed sales in early July. That's coordinated selling pressure from two linked insiders at the same time.
The pattern this week is clear. Insiders are taking profits. No major fresh buying has emerged among US-listed names. That divergence — one director buying while the CEO sells at RH — is worth watching closely.
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.