Three insiders at SHB A filed purchases worth nearly $94M combined in the past week. Sweden's Lundbergföretagen investment group led the charge. It bought 3 million shares across two separate days. Deputy Chairman Lars Fredrik Elis Lundberg also filed a personal purchase of $14.4M on July 20.
That cluster of buying is one of the clearest insider conviction signals filed this week across global markets.
In Asia, Sandvik also drew a large board-linked buy. Lundbergföretagen — a major cross-holding entity — filed a $35M purchase of 1 million Sandvik shares on July 20. Sandvik is the Swedish industrial toolmaker. The same entity is building stakes across Nordic industrials simultaneously.
On the sell side, Mexican billionaire Carlos Slim filed two sales in PBF Energy. He sold 220,000 shares for a combined $14.1M on July 20. PBF is a US oil refiner. Slim is a 10% shareholder. The filings hit SEC records on July 22.
In China, eight directors at Seres Group bought shares between July 15 and 17. Total value reached $14.8M. That coordinated cluster across eight insiders is unusual and worth watching.
Venture backer Bessemer filed two sales at TTAN (ServiceTitan) totalling $12.4M. The trades took place on July 16 and 17, with filings arriving July 20.
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.
