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 24 through June 28 include:
- Chairman of RH (RH) Gary Friedman purchased 46,274 shares of company stock at $216.10 per share for a total transaction amount of $9,999,978
- Beneficial owner of NextNav (NN) Joseph Samberg purchased 315,200 shares of company stock at $7.46 per share for a total transaction amount of $2,350,856
- Shareholder of Atlas Energy Solutions (AESI) Gregory Shepard purchased 79,525 shares of company stock at $19.10 per share for a total transaction amount of $1,518,776
- Beneficial owner of Allied Gaming & Entertainment (AGAE) Roy Choi purchased 608,000 shares of company stock at $1.28 per share for a total transaction amount of $778,179
NOTABLE INSIDER SALES: Significant insider sales reported in the prior week from June 24 through June 28 include:
- Chairman of Applied Materials (AMAT) Thomas Iannotti sold 9,827 shares of company stock at $236.65 per share for a total transaction amount of $2,325,560
- Director of Airbnb (ABNB) Joseph Gebbia sold 668,961 shares of company stock at $150.49 per share for a total transaction amount of $100,668,797
- CEO of Beam Therapeutics (BEAM) John Evans sold 60,000 shares of company stock at $24.50 per share for a total transaction amount of $1,470,156
- Beneficial owner of Chewy (CHWY) Argos Holdings sold 22,878,543 shares of company stock at $28.87 per share for a total transaction amount of $660,398,295
NOTABLE PRICE MOVEMENT AFTER INSIDER TRANSACTION: Shares of RH moved up approximately 15% after chairman Gary Friedman purchased 46,274 shares of company stock, while shares of Chewy moved down approximately 11% since Argos Holdings sold 22,878,543 shares of company stock at $28.87.
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Read More on RH:
- RH Chairman & CEO Gary Friedman purchases $10M of RH stock
- RH price target lowered to $340 from $350 at Citi
- RH price target lowered to $230 from $350 at Loop Capital
- RH price target raised to $320 from $300 at Morgan Stanley
- Rh Cautions Stakeholders: Unseen Risks and Uncertainties Loom Over Future Financial Outlook
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