A director at ILMN filed 18 sell transactions this week totalling over $111 million. Keith Meister, who represents an asset management firm on Illumina's board, unloaded nearly 695,000 shares between May 28 and June 1. Prices ranged from $147 to $166 per share. The filings hit on June 1 — making this one of the largest insider exits reported this week.
Meanwhile, CRWV director Jack Cogen filed a $17.3 million sale on June 2. He sold 161,852 shares at around $107 each. CoreWeave went public earlier this year, and insiders are still exiting positions at pace.
On the buying side, Continental Grain Company — a board-represented investor at IFF — filed a $19.3 million purchase on June 2. Director Paul Fribourg added another $1 million in the same stock on the same date. The coordinated buying at flavours giant IFF signals renewed confidence after a tough stretch for the shares.
At quantum computing firm RGTI, CTO David Rivas filed a $12.7 million sale on June 1. He sold nearly 500,000 shares at around $25 each. Rigetti's stock has rallied sharply this year, and insiders appear to be taking profits near recent highs.
Best Buy founder Richard Schulze also filed a $14.6 million sale at BBY on June 2, selling 191,572 shares at about $76 each.
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.
