Fresh filings show a split in insider conviction this week. Directors at NCLH are piling in hard, while a semiconductor founder cashes out at a premium.
Norwegian Cruise: $25M Buy Cluster
Director Stephen Pagliuca filed purchases of $25M in NCLH shares over June 1–2, paying around $18 per share. That follows the CEO, John Chidsey, filing a $2.5M buy just two weeks earlier. Multiple directors have now bought in over the past month. The coordinated accumulation stands out in a stock still recovering from post-pandemic pressures.
AXT Founder Exits $14M
Morris Young, Founder and CEO of semiconductor substrate maker AXTI, filed a $14M sale on June 3. His lead independent director Jesse Chen also sold on the same day. AXTI shares have surged over recent months on chip supply tailwinds — the founder appears to be taking profits near the highs.
Robinhood Backers Buy $35M
Ribbit Capital and director Meyer Malka jointly filed $15M in HOOD purchases on June 3, plus another $20M from Ribbit on May 28. That is roughly $35M in fresh buying from the original VC backer.
TXO Founder Keeps Accumulating
Bob Simpson, Founder and Chairman of energy MLP TXO, has filed over $14M in purchases since mid-May. He has bought almost every trading day, signalling strong personal conviction at prices near $13–14.
Enviri CEO Opens Position
NVRI President and CEO Russell Hochman filed a $1M buy on June 3 — the first notable open-market purchase in recent filing history for the environmental services company.
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