Capital Group filed yesterday for a $39.2M purchase of 669 Techtronic Industries executed April 8. The investment giant grabbed 2.7M shares showing conviction in the Hong Kong power tool maker. The buy stood as the largest institutional insider trade globally this week.
TANCO Tanco CEO Andrew Tan filed today for $4.7M in sales dated April 10. The Malaysian holdings executive dumped 11.2M shares showing systematic liquidation. TIMECOM Time dotCom Vice Chairman Afzal Bin Abdul Rahim moved opposite direction buying $2.9M worth April 8.
Chinese executives dominated selling activity. 603283 Secote Precision Chairman Sun Feng filed yesterday for $5.5M in sales executed April 9. 301489 Suqun New Material Deputy CEO Wu Pan dumped $3.2M same day.
TDM Thu Dau Mot Water board member Nguyen Thanh Phong filed yesterday for $3.3M in purchases dated April 8. The Vietnamese utility insider showed rare buying conviction amid regional market volatility triggered by Iran war energy crisis.
Indonesian miners absorbed heavy institutional selling. AMMN Amman Mineral saw $82M in 10% owner sales filed yesterday for March 2 trades.
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