ASTS AST SpaceMobile suffered massive insider selling this week. Major stakeholder Hiroshi Mikitani filed yesterday for two separate sales totaling $271M. The satellite communications executive dumped 1.69M shares worth $154M on April 14 followed by another 1.35M shares for $116M the next day.
BORR Borr Drilling saw contrasting activity. Founder Tor Olav Troim filed yesterday for a $2.8M purchase of 500,000 shares executed April 16. The offshore drilling chairman showed conviction as energy markets absorbed Iran war volatility.
RDW Redwire Corporation absorbed two institutional sales this week. AE Industrial Partners offloaded $18.6M across transactions dated April 14 and 15. The space infrastructure manufacturer faced concentrated selling pressure.
LW Lamb Weston Holdings grabbed activist attention. Jana Partners Management filed April 15 for a $4.2M buy of 100,000 shares executed April 13. The frozen foods maker attracted fresh board-level buying.
AGX Argan Chairman William Leimkuhler filed April 15 for a $5M sale of just 8,444 shares. The engineering firm stock traded near $598 showing extreme price levels.
Selling dominated with executives cashing out systematically. Space sector names absorbed the heaviest pressure.
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