ORTEXORTEX News
Live short interest, options flow, and signals — free on ORTEX.Sign up free →
Market Commentary

COO Buys $5.3M in Uber; Corvex Dumps Illumina

By ORTEX News · Edited by , Editor, ORTEX NewsUpdated 1 min read

Produced automatically from ORTEX data and published under the ORTEX News editorial standards set by Peter Hillerberg, Editor, ORTEX News. How we publish

ShareXLinkedInReddit

UBER President and COO Andrew Gordon MacDonald filed two open-market purchases in early September, disclosing that he bought a combined 70,000 shares for roughly $5.3 million at prices around $75 to $76. That is a discretionary bet on Uber at a time when the stock carries just 2.4% short interest as a percentage of free float, a sign short sellers are not pressing hard against it.

The bigger story from the same filing period sits at ILMN. Activist fund Corvex Management, which holds a board seat at Illumina, disclosed a series of open-market sales totalling over $44 million across three days in early September. Corvex sold at prices around $213 to $219 per share. Board-affiliated selling at that scale draws attention. Illumina's short interest stands at 4.7% of free float.

NMIH CEO Adam Pollitzer filed a $7.7 million open-market sale of 172,706 shares at $44.85, also reported in early September. NMI Holdings carries 4.0% short interest.

Separately, billionaire Carlos Slim filed cumulative sales of roughly $7.7 million in PBF Energy across two tranches, reducing his 10% stake in the refiner.

Note: the vendor insider data used here runs through 8 September 2026. US EDGAR Form 4 tables were unavailable in this session; treat these figures as the latest available, not necessarily real-time.

Stocks in this article

How this article was generated

Generated
3 Nov 2026, 00:13
Prompt version
v1.0
Data sources
Institutional positioningAlt DataIndex Rebalance

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.