Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Insider filings from late August and early September show a sharp divide between sellers and buyers at the top.
Tenet Healthcare saw the heaviest C-suite selling. CEO Saum Sutaria filed sales worth more than $27M across August 24 and 25, while COO Lisa Foo added $6.4M in sales on August 31. A director also trimmed positions in August. The filings disclosed trades made across several days in late August. Tenet carries a market cap of $21.2B and short interest stands at just 2.2% of free float, so short sellers are not yet piling in despite the executive exodus.
At Uber Technologies, COO Andrew MacDonald filed a purchase of 54,325 shares on September 4 at $75.65 each, a total of $4.1M. Open-market purchases by operating executives are a strong signal. No 10b5-1 plan was noted in the filing. Uber's market cap sits at $146B with short interest at just 2.4% of free float.
The most persistent buying came at Alpha Metallurgical Resources, where director Kenneth Courtis accumulated roughly $7.7M in open-market purchases over multiple trading days in August. A second board-affiliated buyer added $2.1M on August 21. AMR carries 13.1% short interest. Multiple insiders buying into a heavily shorted coal producer is worth watching, though these filings date from late August.
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.
