Insiders made bold moves this week. The biggest story is DELL — Silver Lake Group, a 10% owner with a board seat, filed to have sold $389 million worth of Dell shares between June 2–4. The sales were spread across dozens of transactions, all filed this week. That's a massive exit from one of the largest private equity holders in the company.
Meanwhile, China Hongqiao Group CEO Zhang Bo was buying. He filed two back-to-back purchases — $71M on June 8 and $69M on June 10 — totaling $140 million in personal buys. That's a strong signal of confidence from the top.
At LQDA, three board-level insiders and a VC fund collectively sold over $32 million in shares. Canaan VIII LP and Tiger Lily Capital led the selling, with director Paul Manning also offloading $5.6 million. The cluster of exits filed June 8–10 stands out.
On the buying side, HOOD saw Ribbit Capital — a board-represented VC — file a $20 million purchase at $80.74 per share on June 9. That's a conviction bet at current levels.
BRC CEO Vineet Nargolwala filed a personal purchase on June 11 — a small but direct vote of confidence from the company's top executive.
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