Four insiders at NVTS — Navitas Semiconductor — filed sales worth over $114M last week. Director Ranbir Singh led the way. He filed $90M in sales on May 29. The company's Chairman Rick Hendrix also sold $3.2M. Even the CEO, Chris Allexandre, trimmed his stake. The coordinated exit across four insiders is a notable warning signal.
At POWI — Power Integrations — director Balu Balakrishnan filed over $21M in sales across multiple tranches. Filings hit on May 26, May 28, and May 29. SVP Sunil Gupta added another $1.9M in sales. Three separate insiders sold in the same week.
Elsewhere, TWLO saw a hedge fund board member file a $184M block sale of 1 million shares on May 27. The price was $184.14 per share.
RL founder and Executive Chairman Ralph Lauren filed $99.7M in sales on May 28. He sold 263,654 shares at $378.25 each.
On the buy side, the Jiangsu Eastern Shenghong chairman filed a $119M purchase. That was the largest buy filing of the week globally.
SYK director Ronda Stryker filed two sales totalling over $71M in Stryker Corporation stock on May 28.
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.
