Insider filings from the past two weeks show a sharp split in boardroom sentiment. Some CEOs are buying aggressively. Others are cashing out at elevated prices.
Quanta Services President and CEO Duke Austin filed three sell transactions on May 7, disclosing he sold roughly $61M worth of PWR shares at around $769 each. The trades occurred on May 5. At those prices, Austin was selling near multi-month highs.
Colliers International CEO Jay Hennick went the other way. He filed back-to-back purchases on May 15, disclosing $22.4M in CIGI buys across two days at roughly $97 per share. That is a strong signal from a founder-CEO putting personal capital to work.
Coca-Cola Chairman and CEO James Quincey filed on May 11, disclosing a $15.8M sale of KO stock at just under $79 per share. The trade happened on May 7.
Sanmina founder and Chairman/CEO Jure Sola also filed a $27M sale in SANM, disclosed May 8 at $229 per share.
The Colliers buying stands out. C-suite purchases of this size are rare and often signal management confidence in the company's near-term outlook.
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.
