Fresh filings this week reveal a split between heavy sellers and one bold buyer across US markets.
The biggest buy comes from IFF. Director Paul Fribourg filed on June 2 that he purchased $20.3M worth of shares on June 1. He paid around $74.28 per share for 273,500 shares. That's a strong vote of confidence in the fragrance and flavours giant.
On the sell side, CoreWeave director Jack Cogen filed this week showing he offloaded $214M worth of shares between May 26 and May 29. That's 2 million shares sold at around $107 each. CoreWeave only listed earlier this year, making this an early and significant insider exit.
Best Buy founder and Chairman Emeritus Richard Schulze filed on June 2 showing he sold $38M in stock on May 29. He trimmed 500,350 shares at roughly $76 each.
Monolithic Power Systems saw seven insiders file sales in the past month. CEO Michael Hsing alone sold $59.3M worth. Total insider sales at the chipmaker topped $152M — the biggest cluster of exits in the data.
The contrast is stark. One director buying aggressively at IFF, while tech and retail insiders race for the exits.
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.
