The most striking filing this week comes from CIGI. Colliers International CEO Jay Hennick spent over $29M buying his own stock across three days. He bought 120,000 shares on May 13, then 110,000 more on May 14, paying roughly $97 per share. Two directors also bought in the same window. That's a loud vote of confidence from the top.
On the selling side, PWR CEO Earl Austin filed disclosures showing he sold nearly $61M worth of Quanta Services stock on May 5. Three separate transactions were filed on May 7. The sales came as Quanta trades near all-time highs.
AAPL Chairman Arthur Levinson filed $71M in sales on May 8, covering trades made on May 6. Levinson sold 250,000 shares total. KO CEO James Quincey also filed a $15.8M sale — 200,000 shares dumped on May 7.
Charles Schwab, founder of SCHW, filed back-to-back $10M sales on May 6, totalling $20M across two days.
The pattern is clear. Executives at high-flying names are trimming. Meanwhile, Hennick at Colliers is doing the opposite — backing his stock with real cash.
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.