Insider filings from the past two weeks reveal a wave of selling across US markets. The standout story is TTAN ServiceTitan. Bessemer Venture Partners — a 10% owner with a board seat — dumped over $36M worth of shares across five separate transactions between July 13 and July 17. The filings landed between July 14 and July 20.
At AVGO Broadcom, Chief Legal Officer Mark Brazeal filed a $10M sale on July 14. The trade occurred on July 10 at $401 per share. Broadcom shares have rallied sharply this year, making this a notable cash-out at elevated prices.
Billionaire Carlos Slim also attracted attention. He sold over $14M in PBF PBF Energy stock on July 20, with filings hitting on July 22. PBF is a US oil refiner. Slim holds a 10% stake. Two separate transactions totalled $7.7M and $6.4M respectively.
At MS Morgan Stanley, CFO Sharon Yeshaya sold $2M in stock on July 16. A division head filed a $3.7M sale the next day. Both were reported on July 17.
On the buying side, SHB A Svenska Handelsbanken saw Deputy Chairman Lars Lundberg purchase $14.4M worth of shares on July 20. That is a strong vote of confidence from a senior board member.
Lenovo CEO Yang Yuan Qing also filed a $125M share sale on July 13, one of the largest C-suite disposals of the period.
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.
