Carlos Slim — one of the world's richest men — has been aggressively selling PBF Energy shares. Filings this week show he sold over $54M worth of stock across multiple transactions. The trades occurred between July 8 and July 22. His average sale price ranged from $52 to $64 per share.
Slim holds a 10% stake in PBF. His selling pattern is notable — it spans at least five separate filings in two weeks. That kind of sustained distribution rarely goes unnoticed.
On the sell side, Broadcom's Chief Legal Officer Mark Brazeal filed two large sales. He sold 50,000 shares for roughly $19.5M combined. The trades took place July 8 and 10. Broadcom stock has surged in 2026, making executive sales more common at these levels.
ServiceTitan saw its early backer Bessemer Venture Partners file over $53M in sales across six transactions. The VC firm held board seats and a 10% stake. Post-IPO lockup selling is continuing at pace.
On the buying side, pharma firm Parabilis Medicines attracted fresh buying. RA Capital Management — a specialist biotech fund with a board seat — filed $5.2M in purchases between July 20 and 22. The buys came at prices up to $30 per share, signalling continued institutional confidence in the pipeline.
This is not 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.
