Bill Gates has spent over $807 million buying RSG shares. That's the standout insider story of the week.
Filings show Gates made 57 separate purchases in Republic Services between August 10 and August 31. The trades were disclosed on September 1. He now holds millions of additional shares in the $68 billion waste-management giant. Short interest sits at just 1.4% of free float — shorts are not a factor here.
The buying is relentless and concentrated. Gates averaged roughly $221 per share across the campaign. Republic Services is already one of his largest disclosed equity positions, and this cluster of fresh purchases signals renewed conviction in the infrastructure-linked business.
Elsewhere, ARGX Chief Medical Officer Luc Truyen filed a sale of nearly $1.8 million worth of argenx shares on September 2. The trade covered 1,764 shares at around $1,043 each. The CMO sold while the stock carries a $64 billion market cap and almost no short interest — the sale looks routine rather than alarming.
In Australia, Greatland Resources Deputy Chairman Elizabeth Gaines disclosed sales totalling nearly $2.7 million across two transactions filed September 2. That cluster of executive selling from a senior board member is worth monitoring.
The Gates buying spree in RSG is the week's clearest signal. A major shareholder adding north of $800 million in open-market purchases over three weeks is rare. Investors in the waste sector should take note.
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.
