Insider filings from the past week reveal a sharp split between buyers and sellers. Patrick Industries stands out as the most bullish cluster. CEO Andy Nemeth filed a $880,000 purchase on May 6. That same day, an independent director and division president also bought shares. Five insiders bought PATK stock on May 5 alone — a rare show of collective confidence.
Solaris Energy Infrastructure tells the opposite story. A board member and 10% owner filed a $149M share sale on May 7. Just days before, another 10% owner disclosed selling $141.5M worth of stock. Over $290M left the register in less than two weeks.
WESCO International also saw heavy selling. Six insiders filed sales totalling nearly $18M, all on May 7. EVP David Schulz sold over $10M across multiple transactions. General Counsel Diane Lazzaris sold another $3.5M.
On the buy side, AST SpaceMobile saw 10% owner Hiroshi Mikitani file sales of over $270M in mid-April. That's a significant exit from a high-profile space tech name.
Patrick Industries' coordinated buying is the freshest signal here. When a CEO and multiple directors buy on the same day, that's worth watching closely.
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.
