The past two weeks have seen striking divergence in US executive trading. Two founders sold big. One new CEO bought in hard.
MPWR founder and CEO Michael Hsing filed on May 20 that he sold $59.3 million worth of stock on May 18. He offloaded 40,000 shares across 13 separate transactions at prices around $1,463–$1,508. It's one of the largest single-day CEO sales filed so far this year.
At MP Materials, founder and Chairman/CEO James Litinsky filed on May 14 that he sold $19.6 million in shares over May 12–13. He sold 300,000 shares at roughly $65 each. MP Materials has surged more than 60% over the past three months, giving Litinsky ample reason to take profits.
CME Group Chairman and CEO Terrence Duffy also sold, filing on May 18 that he offloaded $7.75 million in shares on May 15.
The standout buy came from KHC. Kraft Heinz's new CEO Steve Cahillane filed on May 13 that he purchased $5 million in shares on May 12 at roughly $23.46. That's a significant vote of confidence. Cahillane took the top job after Kraft Heinz's stock hit multi-year lows. Buying $5M worth of a beaten-down stock is a bold opening move.
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.
