Insider trading filings from the past week show a clear split. Executives at major US firms are selling. Meanwhile, a founder at a beaten-down driller is buying aggressively.
The biggest seller: DHR CEO Rainer Blair filed $12.7 million in sales on August 24. He sold 58,255 shares over three transactions on August 21, at around $218. That's the largest single C-suite exit filed this week.
Energy insiders also offloaded. FANG CEO Matthew Kaes Van't Hof filed $2 million in sales last Monday. His COO sold another $1.6 million the same day. The CFO and Chief Legal Officer also sold earlier in the month. That's four Diamondback executives cashing out in under two weeks.
The standout buyer: Borr Drilling founder Tor Olav Troim has been loading up on BORR shares. Filings show he bought 2.2 million shares across three tranches since August 13. The total value tops $10 million. Director Jeffery Currie added another $500K on the same day as Troim's first purchase. The stock trades near $4.
Kura Oncology founder and CEO Troy Wilson filed a $1.24 million purchase in KURA on August 24 itself — buying 100,000 shares at $12.39. CEOs buying their own stock at current prices is a direct vote of confidence.
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.
