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Insider selling dominated US filing activity this week, with three names accounting for hundreds of millions in disclosed transactions.
DELL tops the list. Silver Lake Group, a board-level 10% shareholder, has filed $221M worth of Dell sales this month across 225 separate trades. The private equity giant is clearly reducing a major position as Dell trades near $450.
PBF saw billionaire Carlos Slim Helú file $98M in sales over just nine days. The Mexican tycoon sold 750,000 shares of the oil refiner between July 8 and July 10. Filings hit regulators July 10 and 14. That's a significant exit from a 10% stake.
TTAN — ServiceTitan — saw venture backer Bessemer Venture Partners file $78M in sales across 11 trades. Bessemer has been selling steadily since the company's IPO, unloading shares around $79–$80 each.
On the buy side, CEO Gail Boudreaux filed a $753K personal purchase of Elevance Health shares on July 17 at $368.25. That's a notable C-level commitment. CEO Peter Matt also filed a $504K buy on July 10.
NTSK — Netskope — saw ICONIQ Strategic Partners file $11M in purchases across three tranches, signalling continued institutional confidence in the cybersecurity IPO.
This 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.