Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Corporate insiders across US markets have been filing a wave of sell transactions this month. The pattern points to executives taking profits after strong recent gains.
AMAT CEO Gary Dickerson led the list. He filed sales of nearly $50M in Applied Materials shares on July 1, covering trades made June 29–30 at prices around $700–$735 per share. That marks one of the largest C-suite exits reported so far in July.
AVGO insiders also moved to trim holdings. Broadcom's Chief Legal Officer Mark Brazeal filed two sells totalling over $19.5M earlier this week. Two independent directors added smaller sales. Three separate insiders filed in July alone — a cluster that stands out at a stock trading near all-time highs.
Carlos Slim, the 10% shareholder in refiner PBF, has been steadily exiting. Nine separate trades filed this month total roughly in PBF shares sold. That persistent selling spree across late June and early July suggests a deliberate reduction at current energy prices.
On the buy side, a venture firm topped up a position in NTSK Netskope, filing purchases worth nearly $3.8M. Meanwhile, BABA President J. Michael Evans filed a $65.8M sale of Alibaba shares — one of the biggest single US-listed insider exits this month.
Globally, Lenovo Group CEO Yang Yuan Qing sold $125.8M of stock last week. The 992 shares changed hands at HK$24.04 apiece on July 9, with the filing landing July 13.
This article is not financial advice.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
