Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Insider data from the past 60 days shows one standout US open-market purchase. Andrew Gordon MacDonald, President and COO of UBER, filed a discretionary buy of roughly $4.1 million worth of shares on 8 September. The trade covered 54,325 shares at around $75.60 each. This was an open-market purchase with no 10b5-1 plan attached, making it a stronger conviction signal than a pre-arranged sale. Uber carries a short interest of 2.4% of free float, so there is little short-side pressure amplifying the move.
The broader data set skewed heavily toward non-US names and institutional block movements. JPMorgan Chase filed large disposals across several Hong Kong-listed stocks including Kingdee International and Sunny Optical, worth $85 million and $71 million respectively, but these reflect custodial and lending flows rather than directional views.
With TSLA and GM both reporting earnings this week, insider filings around those names would be the sharpest signal to watch. ORTEX Alt Data tracking German car registrations is running at plus 269% year on year for Tesla and plus 133% for GM on the same quarter last year, pointing to revenue tailwinds ahead of Tuesday and Monday's prints respectively.
Note: ORTEX's first-party SEC EDGAR Form 4 tables were unavailable in this session. The Uber trade above comes from the vendor insider table and should be treated accordingly.
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.
