Insider filings this week reveal a split market. Some executives are putting their own money in. Others are rushing for the exit.
On the buying side, UPST founder and Chairman Dave Girouard filed yesterday, disclosing a nearly $5M personal purchase made May 7th. That's a meaningful bet from the man who built the company. SRAD CEO Carsten Koerl went further, filing three separate buys totalling over $6.6M across May 4-6. Both moves signal confidence from the top.
Bill Ackman also filed a $15.7M purchase in his own vehicle PS on May 4th. Buying your own fund is about as direct a vote of confidence as it gets.
GEHC director Lawrence Culp quietly filed a $5M buy in GE HealthCare on May 7th, worth noting given his prominent role across GE's empire.
The selling side tells a different story. PWR CEO Duke Austin filed four separate sales totalling over $69M on May 7th. All trades occurred May 5th. FIX CEO Brian Lane sold $21.9M worth of Comfort Systems USA shares, also on May 5th. Both companies have rallied strongly this year.
Charles Schwab founder and Co-Chairman Charles Schwab filed two sales totalling $20M in SCHW shares, filed May 6th for trades made May 4th and 6th.
General Atlantic also piled into ALKT, buying over $34M across three days, a rare and sustained institutional insider push in the digital banking software firm.
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.
