Insider filings this week reveal a striking split: a boardroom bet on IFF and heavy selling at BBY and CRWV.
Continental Grain Company — a board-level investor — filed on June 2 that it bought 260,000 shares of International Flavors & Fragrances for $19.3 million. The purchase was made at $74.28 per share. That's a bold show of confidence from a director-linked firm in a stock that has struggled recently.
At Best Buy, founder and Chairman Emeritus Richard Schulze filed to disclose he sold over $36 million worth of stock on May 29 across multiple transactions. Schulze sold at prices ranging from $75 to $77 per share. The filings hit on June 2. That's a notable exit from the company he built.
CoreWeave director Jack Cogen has been even busier. Recent filings show he sold more than $100 million in CRWV shares over just a few days — May 26 through May 29 — at prices around $105–$108. The AI cloud infrastructure company went public earlier this year and shares have climbed sharply since the IPO.
Also worth watching: Microsoft Chief Commercial Officer Judson Althoff filed a sale of $7.1 million in shares on June 1 at $461 each. And Innodata COO Ashok Kumar Mishra filed two sales totalling over $1.3 million on June 2.
This is not financial advice.
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