Fresh filings this week reveal a stark divide. Major holders are cashing out hundreds of millions while select executives step in to buy the dip.
The biggest seller story centres on SEI. Two insiders — W. Howard Keenan Jr. and KTR Management — filed combined sales of $290.5M in Solaris Energy Infrastructure. Keenan's $149M sale was filed May 7. KTR's $141.5M exit was filed May 4. That is a significant vote of caution from two closely linked insiders.
At TWLO, a board-level hedge fund representative filed a $130.6M sale on May 12. Nearly 675,000 shares changed hands at Twilio in a single day.
On the buy side, the most interesting pattern involves WGS. Corvex Management filed over $36M in purchases across multiple days this week. The activist fund bought GeneDx Holdings shares repeatedly, from May 7 through May 8. That kind of clustered buying signals real conviction.
UPST Founder and Chairman David Girouard filed a $5M personal purchase on May 8. Founders buying with their own money is always worth noting.
GEHC also saw a director buy $5M in GE HealthCare shares last week. Meanwhile, Bill Ackman filed a in his own vehicle, , on May 4.
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.
