Corporate insiders filed a flurry of notable trades this week. Sellers dominated the headlines.
Charles Schwab's founder and co-chairman, Charles R. Schwab, disclosed $15.2M in sales of SCHW stock. Two separate filings, dated July 28 and 29, showed him selling at around $106 per share. The CEO of CFG Citizens Financial Group also filed last week, offloading $9.3M worth of shares at $72.07.
Carlos Slim Helú disclosed over $23M in sales of PBF Energy stock across three filings. The trades took place July 30 at prices between $70 and $73 per share.
On the buying side, Huntsman Corporation's Chairman and CEO Peter Huntsman filed today, reporting a $981K purchase of HUN shares at $9.81 on August 3. That's a notable bet from the top executive at the chemicals firm.
GSHD Goosehead Insurance saw its largest shareholder, Durable Capital Partners, file over $9.2M in purchases across multiple days in late July. Five insiders total filed activity at the insurer, signalling strong conviction from within.
Meanwhile, ACS chairman Florentino Perez Rodriguez filed three separate buys in ACS totalling over $50M, accumulating 400,000 shares between July 29 and 31 at prices above €107.
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.