Bill Gates made a bold move in May. He bought over $202 million worth of RSG — Republic Services — across several trades filed between May 13 and May 18. He picked up nearly one million shares at prices around $197 to $209. The waste management giant rarely draws this level of high-profile interest.
On the sell side, TWLO saw a board-linked hedge fund cash out $315 million. Andy Stafman filed two large sales totalling 1.675 million shares between May 12 and May 27. That's a substantial exit from a stock that has run hard this year.
CVS also saw heavy insider selling. Larry Robbins, a hedge fund director, filed $262 million in sales on May 21. The trades covered nearly 2.8 million shares at around $93–$94. That's a clear signal of reduced confidence at board level.
Ralph Lauren's founder RL sold $99.7 million on May 26. The filing came in May 28. At $378 per share, Lauren trimmed roughly 263,000 shares from his holding.
The WMT Walton family trust also filed $250 million in sales late in the month, spread across several days. Routine for the family — but notable in scale.
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.
