Two contrasting signals emerged from insider filings on May 15. One CEO spent $29M buying his own stock. Another sold $88M worth in a single week.
Colliers CEO Buys the Dip
CIGI Chairman and CEO Jay Hennick filed purchases of 300,000 shares across three consecutive days. He spent roughly $22.4M between May 12 and May 14 at prices around $96–$98. Three independent directors also filed smaller buys in the same window. Four insiders buying in unison is a rare show of confidence. The cluster of filings signals management believes the stock is undervalued.
Mineral Resources CEO Dumps $88M
On the same filing date, Mineral Resources CEO Chris Ellison disclosed a sale of 1.75 million shares worth $88.4M. The trade took place May 11 at AUD 69.68 per share. MIN has faced heavy scrutiny this year over governance concerns. The sale represents roughly 0.1% of the company. For investors, a CEO exit of this size rarely goes unnoticed.
The Takeaway
Insider buying at CIGI stands out as genuinely bullish. The CEO is not exercising options or following a preset plan. He is writing large cheques. That matters. The sale tells a different story — a founder cashing out amid ongoing controversy. These two trades capture the week's insider mood in one snapshot.
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.
