Executives Flash Cash as Insiders Signal Confidence

ACS Chairman and CEO Florentino Perez filed three separate purchases this week. He bought 400,000 shares of ACS for a combined $50.5 million. The trades occurred between July 29 and July 31. All three were filed on August 3. That's a rare cluster of back-to-back CEO buying — a strong vote of confidence in the Spanish construction giant.

Across the Atlantic, SCHW founder Charles Schwab sold over $19.8 million in shares. The Founder and Co-Chairman filed three separate sales last week. Schwab sold at prices between $101 and $106. Four insiders at THC also filed sales this week. Combined, they offloaded $7.4 million in Tenet Healthcare stock.

CFG CEO Bruce Van Saun filed a $9.3 million sale on July 28. He sold 129,369 shares at $72.07 each. Over at CVE, President and CEO Jonathan McKenzie sold $9 million in Cenovus Energy shares on July 31.

On the buying side, VOLV B saw major investment firm Industrivärden snap up 650,000 shares worth $24.1 million. Three insiders at SKYW filed a combined $9.6 million in sales, signalling some caution at the regional airline. GSHD saw two insiders both buying and selling in the same week — a mixed signal worth watching.