Insider filing data captured this month reveals sharp contrasts — aggressive buyers in beaten-down names, and heavy selling from C-suite executives and major shareholders.
Billionaire Carlos Slim filed to have sold over $112 million worth of PBF Energy shares across 11 transactions. The trades ran from June 29 through July 20. Slim, a 10% shareholder in the US oil refiner, unloaded 2.22 million shares at prices ranging from $46 to $53. It is a notable reversal from a large holder of a company already under pressure from refining margin compression.
Gary Dickerson, President and CEO of AMAT, filed sales totalling nearly $50 million in late June. The trades — 50,332 shares at $700 and 19,970 shares at $735 — were reported July 1. Broadcom's Chief Legal Officer Mark Brazeal also filed two separate block sales of 25,000 shares each in AVGO, totalling just over $19.5 million.
On the buy side, GLOBALHARVEST HOLDINGS VENTURE LTD snapped up $32 million of AVO shares across four days (July 6–9). The VC firm, already a 10% owner of Mission Produce, bought 2.4 million shares at prices near $13. That's a major vote of confidence in the avocado distributor.
RA Capital Management filed purchases of $4.2 million in PBLS, Parabilis Medicines, across three July trades — a sign of continued institutional conviction in the early-stage biotech.
This article is for informational purposes only and does not constitute financial advice.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
