Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
The most notable US insider story in the latest filings centres on ILMN. Activist fund Corvex Management, which holds a board seat, filed a cluster of sales across 2 to 4 September, offloading roughly 231,000 shares for a combined $50M. That is a board-level seller moving at scale. Corvex's position gives the sales extra weight: this is not a passive holder trimming.
The contrast with UBER is sharp. President and COO Andrew MacDonald filed purchases on 4 September totalling around $5.3M across two transactions. Open-market buying by a C-suite officer is among the strongest bullish signals in the insider toolkit. MacDonald paid roughly $75 per share.
Also worth noting: NMI CEO Adam Pollitzer sold $7.7M of stock on 4 September. The size is significant, though without confirmation of a 10b5-1 plan either way, the signal is ambiguous.
Billionaire Carlos Slim continued trimming his stake in , selling about $7.7M worth of shares on 2 September. Slim's 10%-plus position makes his direction one to track in the refining sector.
One caveat: ORTEX's US EDGAR Form 4 tables were unavailable for this query. The trades above come from the vendor insider dataset, with the most recent filings dated 8 September. More recent activity may not yet be reflected.
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.
