Bill Ackman filed a notable purchase this week. The Pershing Square founder and CEO bought $15.7M of PS shares on April 30. The filing landed May 4. It's a rare move — a CEO buying his own closed-end fund's stock is a direct bet on a discount narrowing.
At CHTR, three insiders filed purchases on April 28. Charter Communications' President/CEO joined two directors in buying, totalling $2.4M combined. Cluster buying from multiple executives often signals insiders see the stock as undervalued.
At SPGI, S&P Global's CEO and a division head both filed purchases on April 29–May 1, adding $2.1M between them. Both buys came right after earnings season, suggesting confidence in the outlook.
On the selling side, United Rentals CEO Matthew Flannery filed a $22.4M sale on April 24. URI shares have rallied sharply in 2025, and the sale aligns with typical profit-taking after a strong run.
ASTS saw $270M in combined sells filed by 10% owner Hiroshi Mikitani in mid-April. AST SpaceMobile's satellite rollout has driven a huge price surge. The exits suggest a major backer is locking in gains.
This is not financial advice.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
