Bill Gates filed purchases of over $100M in RSG last week. He bought nearly 579,000 shares of Republic Services across several transactions on May 11–13. Average price was around $202. The waste management giant just became one of his biggest disclosed stock bets.
Meanwhile, insiders were cashing out elsewhere. A board-linked hedge fund at TWLO filed a $131M block sale of 675,000 shares on May 12. That single transaction is one of the largest insider disposals seen on US exchanges this month.
KO CEO James Quincey filed a $15.8M sale of 200,000 Coca-Cola shares. The trade occurred May 7 and was disclosed May 11. Quincey is Chairman and CEO, making the sale worth watching.
On the buying side, General Atlantic has been steadily accumulating ALKT. The private equity firm filed purchases totalling nearly $68M in Alkami Technology between May 4 and May 14. That's a strong vote of confidence in the banking software firm.
DKNG co-founder Matthew Kalish filed a $31.7M sale of DraftKings stock on May 15. He sold nearly 1.9 million shares in a single day, adding to pressure on the sports betting stock.
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.
