A rare cluster of insider buying at PATK grabbed attention this week. Five executives filed purchases on May 5, all on the same day. CEO Andy Nemeth bought 10,000 shares for $880,000. A director and a division president added shares too. The coordinated move suggests confidence after a tough stretch for the building products company.
Private equity firm General Atlantic also put fresh money to work. It filed $34.7M in purchases of ALKT across three days this week, picking up shares at roughly $16.63–$16.92. That's a notable vote of confidence in the digital banking software firm.
On the sell side, CRWV stood out for all the wrong reasons. Magnetar Financial disclosed $884M in sales across 260 transactions since late April. The AI cloud company only went public in March. Magnetar, a 10% owner, has been consistently trimming its stake.
FIX CEO Brian Lane filed a $21.9M sale on May 6, offloading 11,113 shares at nearly $1,970 each. Two other directors at Comfort Systems also sold recently, totalling over $3.4M combined.
MUSA Chairman Robert Murphy filed $24.8M in sales on May 6, selling 41,500 shares at around $597.
The pattern is clear. Executives at smaller names are buying. Meanwhile, insiders at high-flying stocks are cashing out.
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.
