Insiders have been trading these 5 stocks: ((FANG)), ((FISV)), ((NVTS)), ((CVNA)) and ((TSE:CLS)). Here is a breakdown of their recent trades and their value.
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In a significant move within Diamondback, EVP & COO Daniel N Wesson offloaded 4,000 shares, amounting to a transaction worth $596,920. This sale was overshadowed by a major divestment from significant shareholder SGF FANG Holdings, LP, which sold a staggering 2,000,000 shares, bringing in a hefty $305,180,000. These transactions mark a notable shift in the ownership landscape of Diamondback, raising questions about the company’s future direction.
Fiserv has seen a wave of insider confidence as EVP, General Counsel, and Secretary Adam Rosman acquired 7,900 shares, investing $499,201 into the company. This bullish sentiment was echoed by Chief Financial Officer Paul Todd, who purchased 17,000 shares for a total of $1,060,970. These strategic acquisitions suggest a strong belief in Fiserv’s growth potential and financial health.
Navitas Semiconductor witnessed a substantial sell-off by Director Brian Long, who sold a total of 1,491,395 shares over multiple transactions. The sales, valued at $12,750,612, $1,401,470, and $409,402 respectively, indicate a significant reduction in Long’s stake in the company. This series of sales might reflect a strategic reallocation of assets or a response to market conditions.
Carvana Co’s Chief Brand Officer, Ryan S. Keeton, has made headlines with his recent sales of company stock. Keeton sold 10,498 shares for $3,937,279 and an additional 10,000 shares for $4,000,000. These transactions, totaling nearly $8 million, suggest a potential shift in Keeton’s investment strategy or a response to Carvana’s current market valuation.
Celestica has also seen insider activity with EVP, Chief SC Officer Yann L Etienvre selling 9,187 shares, amounting to $2,970,892. Additionally, CHRO Leila Wong sold 3,160 shares for $1,021,880. These sales could be indicative of personal financial strategies or broader market trends impacting Celestica’s stock performance.