Execs Cash Out at Record Highs

Insiders at several major US companies filed significant sell transactions this week. The filings reveal executives taking profits as share prices hold near recent peaks.

Broadcom's Chief Legal Officer Mark Brazeal filed sales totaling over $19.5M in July alone. He sold 50,000 shares across two transactions on July 8 and July 10, at prices between $379 and $401. This follows a $9.7M sale he filed in late June. The pattern of monthly selling at rising prices is notable.

Casey's General Stores saw coordinated selling by multiple insiders. CFO Stephen Bramlage filed a $4.8M sale on July 10. COO Ena Williams filed a $2.3M sale the same day. Both transactions came at prices above $833 per share. Three insiders filed sales totalling over $7.5M in a single week.

Morgan Stanley CFO Sharon Yeshaya filed a $2M sale on July 17. Division head Michael Pizzi filed sales totalling over $5.2M the same day. The bank's stock trades near $222.

ServiceTitan saw its VC backer Bessemer Venture Partners file three separate sales totalling nearly $24M between July 13 and July 15, unloading shares at prices between $79.49 and $80.50.

This is not financial advice.