Three major US insider stories crossed the wire this week, covering nearly $200 million in combined activity.
DELL saw its largest shareholder move first. Silver Lake Group filed on July 8, disclosing it sold $78.5 million worth of Dell Technologies shares between June 26 and July 6. The private equity firm offloaded roughly 191,000 shares at around $409 each. Silver Lake holds a board seat at Dell, making the sale notable.
RH CEO Gary Friedman filed the same day. He sold $20.7 million of RH stock on July 6 and 7, unloading 125,000 shares at roughly $170 each. The sale comes as RH shares have rallied sharply in recent months.
On the buying side, AVO attracted attention. A major 10% shareholder, GlobalHarvest Holdings, bought $24.1 million of Mission Produce stock over three days this week. The purchases averaged around $13.10 per share. That follows a separate director buy filed last month. The cluster of buying signals growing confidence at Mission Produce.
Away from the US, PBF saw billionaire Carlos Slim file disclosures covering $75.9 million in PBF Energy sales between June 25 and July 6. Slim sold over 1.65 million shares at roughly $46.
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