Carlos Slim has been selling PBF Energy stock at a relentless pace this month. The Mexican billionaire filed disclosures this week showing he offloaded 2.22 million shares worth $112M since late June.
The selling started at around $46 per share on June 29. By July 20, Slim was still selling at $64 — implying he profited as the stock climbed. The latest batch of 220,000 shares was filed on July 22, valued at $14M combined.
Slim holds a 10% stake in the refiner. His consistent selling across 10 separate transactions signals a deliberate exit from the position.
Separately, venture capital firm Bessemer Venture Partners has been aggressively unwinding its stake in ServiceTitan. Filings this month show Bessemer sold over 1.15 million shares for nearly $90M across 13 transactions between June 30 and July 17. The stock trades around $78–$80.
Over at Morgan Stanley, Head of Division Michael Pizzi filed a $3.7M sale on July 17. He sold 17,064 shares at $215 each.
Royal Bank of Canada CEO David McKay also filed a $4.9M sale on July 24. He sold 23,089 shares at roughly $297 — a notable move from the bank's top executive.
CrowdStrike Director Denis O'Leary filed a $2.7M sale on July 15. He sold 14,500 shares at $187.87.
On the buying side, Liquidia Corporation saw a board-linked venture fund file a $5.95M sale, while biotech Parabilis Medicines saw RA Capital Management file a $2.67M purchase — one of the few notable buys in recent days.
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.
