Insider filings this week reveal a wave of selling at the top, with a few notable buyers going against the trend.
RH CEO Gary Friedman filed two separate sales totalling over $11.7M in shares traded on July 6. The luxury furniture retailer's founder sold at prices around $169–$170. That's a notable exit near recent highs.
AVGO Chief Legal Officer Mark Brazeal filed a $9.5M sale on July 10. He sold 25,000 shares at $379 each. Broadcom has been one of the market's biggest winners in 2026.
TTAN saw Bessemer Venture Partners file over $31M in combined sales across three transactions. The venture firm sold ServiceTitan shares between $77 and $80. That's a big reduction from an early backer.
On the buy side, a 10% owner in AVO — Mission Produce — accumulated over $25M across three purchases at $12.73–$13.42. That's a strong cluster of buying in a fresh produce distributor. It signals confidence in the stock near current levels.
Meanwhile, billionaire Carlos Slim filed $41.7M in total sales of Energy shares across three days. He sold between $49.52 and $53.18 per share. PBF is a refining stock that has struggled with weak crack spreads in 2026.
The pattern is clear: insiders at high-flying tech and luxury names are reducing exposure. The buying is concentrated in smaller names.
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.
