Insiders Buy Big Into Gaming, Dump Tech

The most striking open-market insider move in recent filings came from EVO. Kenneth Bryan Dart, the largest outside shareholder of Evolution AB, filed purchases totalling over $715 million across two tranches in late July, with the disclosures reported on 26 August. Dart paid market prices for more than 10 million shares. A stake of that size, built in the open market by a named individual rather than a corporate entity, is a strong-signal buy. There is no 10b5-1 plan flag on the filings.

On the sell side, an NVIDIA director filed a $98 million disposal at the start of September. Mark Stevens, an independent director at NVDA, sold 447,400 shares at roughly $220 each, with the filing recorded on 2 September. Director sales of this size at NVDA are not unusual given the stock's run, but the scale warrants attention.

At TWLO, a hedge-fund-linked board member, Andy Stafman, filed the sale of 500,000 shares worth $123.5 million in mid-August. That is a large discretionary disposal from a director with a financial-sector background.

Note: ORTEX's first-party SEC EDGAR Form 4 tables were not accessible in this session. The trades above are sourced from the vendor insider dataset, which covers non-US markets more completely than US names. US-specific open-market P/S coded transactions and fresh Schedule 13D activist filings could not be retrieved and may contain the session's biggest stories.