Insiders filed a string of notable trades this week. The clearest signal came from ALKT. General Atlantic, a private equity firm with board representation, bought $32.9M worth of Alkami Technology shares across three days. They filed purchases of 750,000 shares on May 12, 550,000 on May 13, and 675,000 on May 14. That kind of repeated, large-scale accumulation is hard to ignore.
Also on the buy side, Jared Isaacman — founder of FOUR — filed purchases totalling $15.9M in Shift4 Payments. He bought 195,500 shares on May 11 and another 193,000 shares on May 12. Isaacman stepped back from day-to-day leadership but is clearly still backing the company with his own capital.
On the sell side, IESC saw heavy insider selling. Tontine Capital Partners, a hedge fund with board ties, filed over $35M in sales of IES Holdings shares across multiple transactions on May 13–14. The company's CFO Tracy McLauchlin also filed a $1.99M sale around the same time. Concurrent selling by both a major shareholder and the CFO is worth watching.
DKNG co-founder Matthew Kalish filed a of DraftKings shares on May 15. He sold 1.9 million shares at around $16.60 each.
Meanwhile, MP CEO James Litinsky filed two separate sales totalling $12.9M in MP Materials shares, disclosing the trades on May 14.
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.
