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Fly Insider: Occidental, Applied Materials among week’s notable insider trades

Fly Insider: Occidental, Applied Materials among week’s notable insider trades

Welcome to “Fly Insider,” The Fly’s weekly recap of notable insider stock transactions.

NOTABLE INSIDER PURCHASES: Significant insider purchases reported in the prior week from June 17 through June 21 include:

  • Beneficial owner of Occidental Petroleum (OXY) Warren Buffett purchased 2,947,611 shares of company stock at $59.70 per share for a total transaction amount of $175,976,798
  • Beneficial owner of Motorcar Parts of America (MPAA) Douglas Trussler purchased 20,300 shares of company stock at $5.73 per share for a total transaction amount of $116,319
  • CEO of Greenwich Lifesciences (GLSI) Snehal Patel purchased 174,825 shares of company stock at $14.30 per share for a total transaction amount of $2,499,998
  •  Beneficial owner of Tile Shop (TTSH) Fund 1 purchased 233,700 shares of company stock at $6.83 per share for a total transaction amount of $1,595,657.

NOTABLE INSIDER SALES: Significant insider sales reported in the prior week from June 17 through June 21 include:

  • VP of Gallagher (AJG) Scott Hudson sold 10,000 shares of company stock at $263.45 per share for a total transaction amount of $2,634,530
  • CEO of Assured Guaranty (AGO) Dominic Frederico sold 40,000 shares of company stock at $78.12 per share for a total transaction amount of $3,124,800
  • VP of Applied Materials (AMAT) Praburam Raja sold 50,000 shares of company stock at $249.17 per share for a total transaction amount of $12,458,500
  • Beneficial owner of Carvana (CVNA) Ernest Garcia sold 120,000 shares of company stock at $109.57 per share for a total transaction amount of $13,148,244

NOTABLE PRICE MOVEMENT AFTER INSIDER TRANSACTION: Shares of Occidental Petroleum moved up approximately 6% after beneficial owner Warren Buffett purchased 2.95M shares of company stock at $59.70 per share, while shares of Applied Materials moved 8 % lower after VP Praburam Raja sold 50K shares of company stock at $249.17 per share.

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