The most notable fresh filing from the most recent reporting window: UBER's President and COO Andrew Gordon MacDonald filed disclosures showing he purchased $5.3 million worth of shares on September 4. The trades, reported on September 8, cover two separate open-market buys — 54,325 shares at roughly $75.65 and a further 15,675 shares in the same session. Prior to these purchases, the only Uber insider activity on record was a clutch of small routine sales in August. A COO stepping in at this scale, with no prior buys on file, is a strong discretionary signal.
Korean home-appliance group COWAY saw its largest shareholder, Netmarble Corporation, file four consecutive open-market purchase tranches across September 3–8. Each tranche bought roughly 27,000 shares. Total reported value topped $7.7 million. The steady drip of buying over multiple sessions points to deliberate accumulation.
On the sell side, JPMorgan Chase filed as a 5%-plus holder cutting stakes across several Hong Kong-listed names. It shed $84.9 million in Kingdee International Software and $70.8 million in Sunny Optical Technology, both traded on September 2 and reported September 8. JPMorgan also trimmed $19.9 million in Shenzhou International. These are custodial-bank disclosures tied to index rebalancing, not directional calls from management.
Also filed on September 8: Turkish energy firm Burçelik Vana's Chairman Umit Gumus bought $12.9 million of company stock — the same day an asset manager sold $13.6 million in the same company. The opposing moves suggest a block transfer rather than open-market conviction.
This article is for informational purposes only and does not constitute 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.
