Insider filings from the past two weeks reveal a sharp split. CEOs are snapping up shares while other founders rush to cash out.
BSX Chairman and CEO Michael Mahoney filed a $9M purchase on August 5. He bought 186,240 Boston Scientific shares at $48.33 each. That's a strong vote of confidence from the top.
CSGP founder and CEO Andrew Florance also stepped in, filing a $2.5M buy on August 5. He picked up 83,300 CoStar Group shares at just under $30.
On the sell side, the numbers are bigger. SCHW founder Charles Schwab filed four separate sales totalling more than $31M. The trades ran from July 28 through August 4. Schwab sold at prices between $105 and $106 per share.
LTH CEO Bahram Akradi filed a $19.5M sale of Life Time Group shares on August 4. CAKE founder David Overton sold $10M in Cheesecake Factory stock on August 6. JNJ CEO Joaquin Duato filed an $10.8M sale on August 7.
AGYS CEO Ramesh Srinivasan filed three sales totalling over $18.5M in a single week. The pace of those sales stands out as one of the most active C-suite disposals in recent filings.
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.
