Executives Cash Out While Elevance Buys the Dip

Insider filings from the past two weeks reveal a sharp split between sellers and buyers across US equities.

RH CEO dumps $21M. Gary Friedman, Chairman and CEO, filed sales of 125,000 shares worth over $21 million, reported July 8. The trades happened between July 6–8 at prices around $155–$170 per share. A second director also filed a separate sale the same week.

PBF Energy sells top $49.5M block. Billionaire Carlos Slim Helu, a 10% shareholder, filed $49.5M in sales covering 950,000 shares across four days. The filings hit on July 8 and 10. Slim Helu sold between $49 and $53 per share.

Broadcom CLO exits $19.5M. Chief Legal Officer Mark Brazeal sold 50,000 shares for nearly $19.5M, filed July 10. The trades were split evenly across two days at prices near $380–$401.

ServiceTitan VC dumps $49M. Bessemer Venture Partners, a board-level 10% owner, sold over 622,000 shares for $49.2M between July 8–17. The filings came in batches, each just under $8M.

Elevance Health CEO buys. Going against the tide, CEO Gail Boudreaux filed a $1M purchase on July 17. The company's board chairman also bought $366K the same day. Two insiders buying on the same date signals a coordinated show of confidence after Elevance shares have pulled back sharply this year.

Morgan Stanley CFO Sharon Yeshaya also filed $3.5M in sales on July 17, alongside a Head of Division sale worth $5.2M.

This is not financial advice. Data sourced from ORTEX insider filings.