Corporate insiders filed a string of large exits this week. The biggest US story involves Carlos Slim, the Mexican billionaire. He filed to have sold nearly $40M worth of PBF Energy shares between July 8 and July 10. Slim, a 10% shareholder in the oil refiner, offloaded 750,000 shares across three separate trades at prices between $52 and $55.
Venture capital firm Bessemer Venture Partners also made headlines. The firm filed six sales of TTAN ServiceTitan shares totalling over $36.8M. The trades ran from July 8 through July 15. Bessemer holds a 10% board stake in the field-management software company.
At AVGO Broadcom, Chief Legal Officer Mark Brazeal filed two sell transactions worth a combined $19.5M. The trades covered 50,000 shares at prices near $380–$401. Silver Lake Group separately filed sales of DELL Technologies stock worth over $15M across multiple days.
Not all the action was on the sell side. A 10% owner in AVO Mission Produce filed a $7.9M purchase — nearly 593,000 shares at $13.28 each. That buy stands out as a rare vote of confidence in the avocado distributor.
Globally, Lenovo CEO Yang Yuanqing filed a $126M sale of 992 Lenovo Group stock on July 9. The filing appeared in records on July 13.
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.
