Bill Gates filed new purchases in Republic Services this week, disclosing over $95 million in fresh buys. The trades were reported across multiple filings on May 18. Gates picked up shares at prices between $206 and $215 — a clear show of confidence in the waste management giant.
Shake Shack founder Daniel Meyer also stepped up. He filed a $2M purchase of Shake Shack shares on May 18, buying roughly 32,000 shares at $61.88. Founders buying open-market stock is one of the strongest bullish signals in insider trading.
On the sell side, Reid Hoffman — a board member at autonomous trucking firm Aurora Innovation — filed sales totalling over $45M between May 15–18. The stock trades near $7.80, and Hoffman's fund has been steadily reducing its stake.
DigitalOcean CFO Matt Steinfort also sold $3.8M worth of shares on May 15 at $152.50, filing the transaction May 19.
The week's most eye-catching pattern: Gates' repeated purchases of Republic Services in chunks suggest a deliberate, planned accumulation — not a one-off trade. Meanwhile, Hoffman's Aurora exits stand in contrast, signalling a board-level investor trimming exposure in a high-risk growth name.
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.
