Insiders moved markets this week. The filings paint a clear picture — one CEO is piling in while others race for the exit.
CIGI CEO Jay Hennick filed three separate purchases this week. He spent over $29M across May 12–14, buying 300,000 shares of Colliers International. The CFO and multiple board members filed buys too. That kind of coordinated buying from the top is rare and hard to ignore.
WCN Waste Connections founder-CEO Ronald Mittelstaedt filed a $7.6M purchase on May 13. He paid $152.24 per share for 50,000 shares. CEOs don't usually drop $7.6M of personal capital without believing the stock is cheap.
Meanwhile, KHC new CEO Steve Cahillane filed a $5M buy in Kraft Heinz on May 13. That's a notable show of faith from a chief executive fresh in the role.
On the selling side, Apple Chairman Arthur Levinson filed $71M in sales on May 8. The trades occurred May 6. Australia's Mineral Resources CEO Chris Ellison filed an $88M sell on May 15, offloading 1.75 million shares.
PWR Quanta Services CEO Duke Austin also filed over in sales earlier this month. The buys are company-specific. The sells are spread wide.
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.
