Insiders Cash Out as ServiceTitan Soars
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Venture capital firm Bessemer Venture Partners has filed $117M in TTAN sales over the past month. The firm sold 1.5 million shares across 15 separate transactions between June 26 and July 17, at prices ranging from $76 to $81. These filings hit regulators over the last week. Bessemer holds a board seat at ServiceTitan, the field service software company that went public in late 2024.
Over in Sweden, Lundbergföretagen made a bold move. The Swedish investment giant filed purchases of $35M in SAND on July 20 and $43M in SHB A over July 16–20. Deputy Chairman Lars Fredrik Lundberg also personally bought $14M of Svenska Handelsbanken shares. That's a strong show of confidence from a major shareholder.
At MS, two senior executives filed sales last week. CFO Sharon Yeshaya sold $3.5M in shares on July 16. Head of Division Michael Pizzi sold $5.2M on July 17. Both trades were filed July 17, just as Morgan Stanley posted strong earnings results. Profit-taking after a strong run is a common pattern.
ELV saw two insiders file purchases totalling $1.4M last week — a rare cluster buy at the health insurer.
This is not financial advice.
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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.