A sharp divergence in insider activity emerged this week. Heavy selling dominated at PWR and VIAV, while buyers quietly moved into beaten-down names.
Quanta CEO Dumps $120M
Quanta Services CEO Duke Austin filed on May 7 revealing he sold $120M worth of stock on May 5. That's 155,992 shares at roughly $770 each. The company's Chief Accounting Officer also sold $3M the same week. Two executives selling simultaneously is hard to ignore.
Viavi CEO Exits Over $20M
Viavi Solutions CEO Oleg Khaykin sold more than $20M across four consecutive trading days (May 5–8). Multiple other Viavi executives — a Director and Chief Strategy Officer — also sold the same week. That cluster of selling from different levels is a clear signal worth watching.
Solaris Energy: $149M Block Sale
A board member at Solaris Energy Infrastructure sold $149M in shares on May 6. A related entity sold another $141M just days earlier. Combined, that's nearly $290M in insider exits within two weeks.
Buyers Emerge at UPST and GEHC
Upstart founder Dave Girouard bought ~$5M of stock at $29.37 on May 7 — a notable bet on his own company. Former GE CEO Larry Culp picked up $5M in GE HealthCare shares at $61.88, joined by the CFO. Founder and C-suite buying at depressed prices tends to carry conviction.
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.
