Sweden's Lundberg empire is buying everything in sight. In filings this week, Lundbergföretagen snapped up 1 million shares in SAND (Sandvik AB) for $35 million. The same investment house then piled into SHB A (Svenska Handelsbanken), spending over $43 million across two days. Deputy Chairman Lars Fredrik Lundberg added another $14.4 million personally. Fellow investment firm Industrivärden joined the Handelsbanken buying spree, filing over $35 million in purchases on July 21. Total coordinated buying across these two Swedish stocks topped $120 million in just one week.
Across the Atlantic, biotech firm PBLS (Parabilis Medicines) saw heavy insider buying. RA Capital Management — a board member — filed $6.2 million in purchases between July 20–22. That's multiple transactions across three days at prices ranging from $27 to $30 per share.
On the sell side, billionaire Carlos Slim filed two PBF (PBF Energy) sell trades totaling $14.1 million on July 22. He unloaded 220,000 shares at around $64 each.
In Japan, Fast Retailing founder Tadashi Yanai filed sales of $208 million in company stock across three separate trades, all reported on July 22. The Uniqlo parent's chairman sold over 415,000 shares between July 10–14.
Meanwhile, Pinnacle Financial Partners founder Robert McCabe filed a $1 million PNFP purchase on July 24 — a fresh bet on his own bank just yesterday.
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.
