Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
UBER President and COO Andrew Gordon MacDonald filed two open-market purchases on September 8, together worth roughly $5.3 million. The trades, executed on September 4 at prices around $75 to $76 per share, are discretionary buys from a named executive, making them a stronger signal than a typical pre-planned sale.
MacDonald picked up 54,325 shares in the first transaction and a further 15,675 shares in the second. Uber's market cap sits near $140 billion, so the position is symbolic rather than transformative. Still, a COO spending $5 million of personal capital just days before month-end carries weight.
Two directors at HELP (Cybin Inc.) filed purchases totalling around $2.4 million, also on September 8. Eric So bought 100,000 shares for $1.2 million. Paul Glavine bought the same number for $1.18 million the day before. Both transactions appear discretionary. The cluster of director buying at a sub-$1 billion biotech is the kind of coordinated signal worth watching.
Korean gaming firm Netmarble filed four separate open-market purchases in COWAY Co., the home appliance rental company, across September 3 to 8. Total value exceeded $7.7 million. Netmarble is already the main shareholder, and this steady accumulation suggests it is adding to a strategic position rather than trading around the price.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
