Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Bill Gates filed disclosures in early September showing he bought roughly $365 million of RSG (Republic Services) shares over a five-day window between August 28 and September 2. The purchases totalled around 1.65 million shares across 21 separate transactions. Gates holds the stock through his personal investment vehicle. Republic Services carries a short interest of just 1.6% of free float, indicating little bearish pressure from professional money.
On the other side of the ledger, NVIDIA independent director Mark Stevens filed sales of approximately $411 million worth of NVDA shares, also executed between August 31 and September 2 across seven transactions. Director sales are a weaker signal than C-level discretionary buying, and the clustered nature suggests a pre-arranged selling programme.
Activist fund Corvex Management, which holds a board seat, filed cumulative sales of $57 million in ILMN (Illumina) over September 2 to 4. Corvex has been an active Illumina shareholder for some time. The selling comes as the genomics company's short interest sits at 5.8% of free float.
On the buying side, UBER President and COO Andrew MacDonald filed a $5.3 million open-market purchase of Uber shares on September 4. Discretionary buying by a serving C-level executive is a stronger signal. Uber's market cap stands at $146 billion.
NMI Holdings CEO Adam Pollitzer filed a $7.7 million sale of NMIH on September 4 in a single transaction.
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.
