Insider filings from the past week show a striking split between executives loading up on stock and others cashing out at elevated prices.
The standout buyer is Florentino Perez Rodriguez, Chairman and CEO of Spanish construction giant ACS. Filings show he spent over $92 million across eight separate transactions between July 29 and August 7, picking up 730,000 shares at around €108–€112 each. The repeated open-market purchases signal strong personal confidence in the company's direction.
On the buy side in the US, Boston Scientific CEO Michael Mahoney filed an $9 million purchase on August 5. He bought 186,240 shares at roughly $48.33 each. A director also added shares the same week. That cluster of buying at BSX stands out in a sector where executive purchases above $1M are rare.
The sell side tells a different story. Encompass Health CEO Mark Tarr filed a $21.5 million sale on August 11. The company's CFO also sold $2.4 million on the same day. At Popular, Inc., CEO Javier Ferrer filed a $6.1 million sale just yesterday, with two executive vice presidents also trimming positions in recent weeks.
Tutor Perini director Sidney Feltenstein sold over $11 million across two trades filed August 11, near recent highs around $97–$98 per share.
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.