C-Suite Bets and Billionaire Exits

The week's most striking insider moves span a health insurer, a tech tools firm, and a non-lethal weapons maker.

Elevance Health CEO Gail Boudreaux filed a $1M purchase on July 17. She bought shares at $368. The board's independent chairman matched her, buying $366,000 on the same day. Two senior leaders buying together is rare. It signals strong confidence in the battered health insurer's recovery.

Meanwhile, billionaire Carlos Slim kept selling PBF Energy. He filed three separate sell transactions totaling over $34M across July 8–22. Slim has been a consistent seller of PBF stock, unloading at prices between $52 and $64 per share.

ServiceTitan saw heavy selling from Bessemer Venture Partners. The VC firm filed sales of over $53M in July alone, offloading shares at around $76–$81. This looks like a venture-stage exit as the company matures post-IPO.

The most coordinated buying came from Byrna Technologies. The CEO, CFO, chairman, and two directors all filed purchases on July 22–23. The trades are small individually. But four insiders buying at once — including the CFO and CEO — signals strong conviction at current lows near $3.50.

This article is not financial advice.