Insiders have been trading these 5 stocks: ((RKLB)), ((DELL)), ((DOCU)), ((QS)) and ((OPEN)). Here is a breakdown of their recent trades and their value.
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Rocket Lab USA has witnessed a flurry of insider transactions, with significant stock sales from key executives. CFO Adam Spice offloaded 68,254 shares, netting $3,341,960, while SVP GC & Arjun Kampani parted with 31,185 shares for $1,526,930. Director Matthew Ocko made a substantial move by selling 1,873,097 shares, amounting to a staggering $90,266,627. Additionally, COO Frank Klein sold 45,535 shares, bringing in $2,229,556. These transactions highlight a notable shift in insider holdings at Rocket Lab USA.
Dell Technologies has seen a series of large-scale stock sales by its directors, specifically SLTA IV (GP), L.L.C. and SLTA V (GP), L.L.C. SLTA IV (GP), L.L.C. sold 565,000 shares twice, with sales valued at $73,682,719 and $74,759,367, respectively. SLTA V (GP), L.L.C. matched this with a sale of 565,000 shares for $74,759,367. Furthermore, SLTA IV (GP), L.L.C. and SLTA V (GP), L.L.C. each sold 600,000 shares, both transactions worth $76,198,735. These sales reflect significant divestment by Dell’s directors.
DocuSign’s Director, Peter Solvik, has made a notable transaction by selling 15,000 shares of the company’s stock. This sale brought in $1,222,200, indicating a strategic decision by Solvik to reduce his holdings in the digital transaction management company. This move could be interpreted as a personal financial strategy or a response to market conditions affecting DocuSign.
QuantumScape has experienced insider activity with CLO Michael O. McCarthy selling 38,035 shares of the company’s stock. This sale was valued at $347,259, suggesting a modest reduction in McCarthy’s stake in the company. The transaction might reflect McCarthy’s personal financial planning or an adjustment in his investment portfolio.
Opendoor Technologies has seen a positive insider transaction with Director Eric Chung-Wei Wu purchasing 451,127 shares. This acquisition was valued at $2,999,994, signaling Wu’s confidence in the company’s future prospects. Such a significant purchase could be seen as a vote of confidence in Opendoor’s business model and growth potential.