Insider filings this week show a sharp split between sellers cashing out and buyers stepping up.
Best Buy founder dumps $38M. Richard Schulze, Chairman Emeritus of BBY, filed on June 2 disclosing he sold over 500,000 shares on May 29. The total haul: roughly $38M at prices near $76. That is a notable exit from the company he built from scratch.
CoreWeave director won't stop selling. Jack Cogen, a director at AI cloud firm CRWV, has now filed sales topping $120M over the past two weeks. His most recent filing covered 161,000 shares sold May 29 at around $107 each. The pattern is relentless.
Five Navitas insiders head for the exit. At semiconductor company NVTS, director Ranbir Singh filed sales of $108M last week. The Chairman and two other directors also sold. That is five insiders filing exits at roughly the same time — a cluster worth watching.
IFF gets a $19M vote of confidence. Continental Grain Company, a board-linked investor at IFF, filed a $19.3M purchase on June 2. That is a rare large buy signal in a week dominated by sellers.
Aurinia sees steady accumulation. Tang Capital filed over $12M in purchases of AUPH shares across three days at around $15.28 per share — a persistent bet on the pharma name.
This article is for informational purposes only and does not constitute financial advice.
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