Insider filings this week reveal a sharp split: one of the world's most famous investors is buying, while top executives cash out.
Bill Gates filed this week that he purchased over $100M worth of RSG — Republic Services — between May 11 and 13, picking up nearly 500,000 shares across seven transactions. The waste management giant is a long-standing Gates holding. This fresh accumulation signals renewed confidence at current price levels.
On the sell side, PWR CEO Earl "Duke" Austin filed on May 7 that he sold $120M in Quanta Services stock on May 5. That's a massive single-day disposal by the company's own chief executive, drawing attention to one of the market's top infrastructure plays.
TWLO also saw a board-linked hedge fund file a $130M sale of 675,000 shares on May 12. Twilio has rallied sharply in recent months, making this a likely profit-taking move.
The most persistent seller of the period is CRWV. Magnetar Financial filed nearly $1.9 billion in CoreWeave sales since mid-April — 478 separate transactions. The AI infrastructure firm only went public in March. Magnetar, a pre-IPO backer, is clearly reducing its position aggressively post-lockup.
SEI insiders also filed over $290M in combined sales, with two separate 5%+ owners exiting in early May.
This article is for informational purposes only and does not constitute 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.
