Insiders Cash Out as Bill Gates Quietly Buys

Two of this week's biggest insider stories sit at opposite ends of the ledger.

Aehr Test Systems saw a coordinated exit. Six insiders filed sales totalling more than $12 million this week. CEO Gayn Erickson led the charge, filing a $5 million sale on August 13. The Founder and Chairman sold nearly $2 million worth. Two Executive VPs, an Independent Director, and the board's founder all filed sales within days of each other. That kind of cluster selling is rare and worth watching.

CoreCivic told a similar story. The CFO, David Garfinkle, filed a $1.7 million sale on August 18. A director and an EVP each filed their own sales the same day. Three senior names selling on the same date is hard to dismiss as routine.

On the buying side, Bill Gates filed a $45.8 million purchase in Republic Services on August 12. Gates bought 211,771 shares at roughly $216 each. RSG is a US waste management giant. It's not the first time Gates has added to this position, but the size of this single filing stands out.

Elsewhere, a hedge fund sold $123.5 million worth of Twilio shares in a single block on August 12. That's the largest single insider filing this week by dollar value.

This article is for informational purposes only and does not constitute financial advice.