Carlos Slim, one of the world's richest men, filed to disclose he sold over $110 million worth of PBF Energy shares. The sales ran from June 25 through July 9. Slim, listed as a 10% shareholder, offloaded more than 2.3 million shares across multiple transactions.
PBF is a US oil refiner. Crude margins have been under pressure in 2026. Slim's rapid exit stands out for its size and speed.
At BABA, President J. Michael Evans filed to disclose he sold nearly $68 million of Alibaba shares on June 29. That filing landed July 1. The sale covered nearly 720,000 shares at around $95 each.
RH CEO Gary Friedman also filed recently. He sold close to $12 million worth of stock on July 6. The filing was recorded July 8. Friedman is Chairman and CEO of the luxury furniture brand.
On the buy side, a 10% owner of AVO — Mission Produce — picked up over $31 million in shares across four separate days. The buyer is GlobalHarvest Holdings. Mission Produce is a major avocado distributor.
AVGO saw three insiders sell a combined $10.8 million last week. The Chief Legal Officer alone sold $9.5 million on July 8.
This article 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.
