Bill Gates filed this week that he spent over $101M buying shares of RSG — Republic Services — across 13 separate transactions. The purchases, reported on May 18, came in at prices between $206 and $210 per share. Gates now holds a significant stake in the waste management giant.
At CVS, hedge fund board member Lawrence Robbins went the other way. He disclosed selling over $317M in CVS stock across five trades this week. The sell-off spans two consecutive days and represents one of the largest single-insider liquidations in recent filings.
Genomics firm WGS — GeneDx Holdings — attracted coordinated buying. Two institutional insiders, Corvex Management and Casdin Capital, filed $35M in combined purchases. The cluster of nine trades across multiple dates signals rising confidence in the diagnostics company.
MPWR — Monolithic Power Systems — told a different story. The founder and Chairman/CEO Deming Xiao filed sales totalling nearly $60M across 12 transactions. The sales came as the stock traded above $1,650 per share.
DKNG co-founder Matt Kalish also disclosed selling almost $32M in DraftKings shares, filed on May 15.
CIGI CEO Jay Hennick stood out as a notable buyer. He filed a $11.7M purchase in Colliers International on May 15. CEOs buying with personal funds at scale often signals confidence in near-term prospects.
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.