Now I have excellent data. Let me compile the article with the most interesting stories: PWR CEO selling $60M+, FIX CEO selling $22M, Bill Ackman buying his own stock, SEI massive insider selling, and Charles Schwab selling $10M.
Insider filings this week reveal a wave of executive selling — with one notable exception.
Quanta Services CEO Earl Austin filed to disclose he sold over $60M in shares on May 5, across three separate transactions at around $769 per share. It's one of the largest C-suite disposals in the US this week. Austin holds the President and CEO role, making the scale of the exit hard to ignore.
Comfort Systems USA CEO Brian Lane wasn't far behind. He filed to disclose a $21.9M sale on May 5 at roughly $1,970 per share. Both companies operate in the infrastructure and building services space — a sector that has rallied sharply this year.
Bucking the sell trend, Pershing Square founder Bill Ackman filed to show he bought $15.7M of his own vehicle — — on April 30 at $23.88 per share. That's a direct bet on himself.
Solaris Energy Infrastructure saw the biggest dollar figures of the week. Two large shareholders filed combined sells worth $290M, at prices between $70 and $75. The stock has surged this year, and insiders appear to be taking profits.
Charles Schwab founder Charles Schwab also filed a $10M sale on May 6. The Lilly Endowment separately disclosed selling $13.6M of Eli Lilly stock at around $995 per share.
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.