Two high-profile names filed significant insider purchases this week. Stefan Persson, the founding family patriarch of HM B, disclosed buying 3.8 million shares worth over $66M combined across two days. He paid between 159 and 164 Swedish kronor per share. The filings, submitted May 13, cover trades on May 11 and 12. That's a bold vote of confidence as the Swedish fashion giant navigates a tough consumer environment.
Bill Gates also appeared in fresh filings. He purchased nearly 174,000 shares of RSG — Republic Services — for roughly $35M, at an average of $202 per share. The trade was filed May 13 for a trade dated the same day. Gates has been a long-term holder of the waste management giant. The fresh purchase stands out given its size.
On the sell side, a board-linked hedge fund at TWLO (Twilio) filed a $130M sale on May 12. Andrew Stafman, representing a hedge fund on Twilio's board, sold 675,000 shares at $193.54 each.
Meanwhile, insider selling at SEI (Solaris Energy Infrastructure) continues. Two separate sellers offloaded a combined $290M in late April and early May — a notable cluster worth watching.
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.
