Micron, Salesforce, JPMorgan, Costco, Strategy: Insider Shocks

Insiders have been trading these 5 stocks: ((MU)), ((CRM)), ((JPM)), ((COST)) and ((MSTR)). Here is a breakdown of their recent trades and their value.

Micron (MU) drew attention as Director Teyin M Liu moved aggressively to increase their stake, buying 23,200 shares of Micron stock in a single transaction. The purchase, worth a substantial $7,821,723, signals a strong show of confidence from inside the company’s leadership. Such a large dollar commitment by a director can often be read as a positive signal about Micron’s outlook, as it suggests conviction that the current valuation offers meaningful upside or at least solid long-term value. For investors tracking insider activity, both the size of the 23,200-share buy and the nearly $7.8 million price tag stand out as noteworthy.

Salesforce (CRM) saw insider selling activity, with Director Neelie Kroes disposing of 3,893 shares of Salesforce stock. The sale was valued at $929,259, underscoring that this was not a minor trim but a meaningful liquidation at current prices. While directors often diversify their holdings or manage personal portfolios, the sale of 3,893 shares for just under $930,000 will likely catch the eye of those monitoring insider sentiment. Investors may weigh this $929,259 sale against Salesforce’s broader fundamentals and recent share performance to determine whether it suggests caution or simply personal financial planning by Neelie Kroes.

JPMorgan Chase (JPM) experienced a wave of insider selling across its top leadership ranks, with multiple executives reducing their positions in the bank. CEO CCB Marianne Lake sold 3,908 shares for $1,222,344, while CRO Ashley Bacon sold 7,364 shares for $2,303,385. Co-CEO CIB Douglas Petno sold 3,487 shares worth $1,090,698, and CEO Asset & Wealth Management Mary Erdoes parted with 5,732 shares for $1,792,854. CIO Lori Beer sold 2,047 shares for $640,281, GC Stacey Friedman sold 3,404 shares for $1,064,737, COO Jennifer Piepszak offloaded 8,571 shares for $2,680,837, and CFO Jeremy Barnum sold 2,893 shares for $904,872. Taken together, these coordinated insider sales at JPMorgan Chase represent tens of thousands of shares and many millions of dollars in stock sold by key leaders across risk, technology, legal, operations, and finance functions.

Costco (COST) also saw notable insider activity, with two senior executives choosing to sell shares amid the wholesale retailer’s elevated valuation. SEVP Russell D Miller sold 1,500 shares of Costco stock in a transaction valued at $1,374,480, reflecting a high per-share price for the sale. EVP James C Klauer likewise sold 1,500 shares, with that sale worth $1,408,500, slightly higher in total value and suggesting a similar or marginally higher price point. Together, these transactions amount to 3,000 shares sold and a combined value of $2,782,980. Investors watching Costco’s insider patterns will note that both Miller and Klauer trimmed positions of the same size, with roughly $1.37 million and $1.41 million realized, respectively.

Strategy stock (often watched in the alternative asset and advisory space) saw a contrasting move in insider activity, as Director Carl Rickertsen stepped in as a buyer rather than a seller. Rickertsen purchased 5,000 shares of Strategy stock, with the transaction totaling $779,350 in value. This insider buying stands out amid broader market volatility, as committing nearly $780,000 signals that Rickertsen sees attractive value or growth potential in the shares at current levels. The 5,000-share acquisition increases the director’s direct exposure to Strategy’s performance and may be interpreted by some investors as a vote of confidence in the company’s strategic direction, earnings prospects, or long-term positioning.