Insiders Buy the Dip, VCs Cash Out

Two clear patterns dominate this week's insider filings. Executives at battered health insurer ELV stepped up to buy their own stock. Meanwhile, a venture capital backer of TTAN has been quietly dumping shares worth over $117M.

Elevance Health CEO Buys the Drop

Elevance Health CEO Gail Boudreaux filed a $1M+ purchase on July 17. She bought roughly 2,725 shares at around $367. The company's independent chairman, Ramiro Peru, bought $366,000 of stock on the same day. Both filed the same date. That's a rare cluster of C-suite buying. Elevance has been under pressure alongside the broader managed care sector, making this coordinated buying stand out.

ServiceTitan VC Sells $117M

Bessemer Venture Partners has sold over $117M in TTAN shares since late June. The filings, reported July 20, cover trades from June 26 to July 17. TTAN went public in late 2024 and shares have climbed above $78. Bessemer holds a board seat, making this a meaningful exit by a company insider.

Morgan Stanley CFO Trims

MS CFO Sharon Yeshaya sold $3.5M in shares on July 16–17, filed the same day. Morgan Stanley stock trades near all-time highs above $220, suggesting profit-taking rather than concern.

This article is for informational purposes only and is not financial advice.