Overview
Insider buying was concentrated in manufacturing, financials, and telecom, while selling was dominated by large transactions in technology and healthcare.
High Signal
KARD — LLC Hrtg Gpe purchased $50.00M (first recorded purchase). LLC ARCH Venture Partners XIII bought $20.00M (first recorded purchase). Both participated in significant open-market buys in the manufacturing/pharmaceutical sector, with combined purchases totaling $70.00M and holding increases of 26.6% and 9.1%, respectively. 2 distinct buyers contributed to this activity.
PSEC — CHIEF EXECUTIVE OFFICER (Barry John F) bought $2.25M (first recorded purchase). This marks a notable direct CEO buy in the financials/asset management sector.
Notable Buys
LILA — John C Malone purchased $27.8M in Liberty Latin America Ltd. across 6 filings between 2026-06-22 and 2026-06-24. This included multiple large open-market purchases, with holding increases ranging from 0.1% to 93.7%. Malone has a long history with this ticker, and these are among his largest recent buys. The telecom sector has seen continued insider accumulation.
AMS — Executive Chairman (Stachowiak Raymond C) purchased $1.34M (largest buy out of 15 total trades in AMS). This is a new position, representing a significant commitment to the healthcare/medical care facilities sector.
TXO — Bob R Simpson bought $1.26M in TXO Partners, L.P. across 2 filings between 2026-06-22 and 2026-06-23. These are among his largest recent purchases, adding to a substantial existing stake in the energy sector.
Notable Sells
WBI — Energy Corp/de Devon sold $52.74M in WaterBridge Infrastructure LLC on 2026-06-22, fully exiting their position (100% reduction). This is a major transaction in the energy sector.
CTRN — LLC Fund 1 Investments sold $42.38M in Citi Trends Inc on 2026-06-24, reducing their stake by 29.1%. This is a significant sell in the consumer discretionary/apparel retail sector.
ELVN — Advisors Llc Orbimed sold $39.6M in Enliven Therapeutics, Inc. across multiple filings on 2026-06-22. The group has a history of trading this ticker, and this cluster of sales involved at least 4 other insiders in the last 30 days, including Collins Helen Louise, Hohl Benjamin, Kunkel Lori Anne, and OrbiMed Genesis GP LLC. The healthcare/biotech sector saw heavy selling.
HNGE — LLC Insight Holdings Group sold $61.6M in Hinge Health, Inc. across 15 filings between 2026-06-22 and 2026-06-24, with multiple full position exits (100% reductions) and several partial sales. This represents a major unwind in the healthcare/health information services sector.
NET — CEO & Board Co-Chair (Prince Matthew) sold $32.6M in Cloudflare, Inc. across 27 filings between 2026-06-22 and 2026-06-24, with reductions ranging from 0.7% to 98.4%. This is a sustained pattern of selling by the CEO in the technology/software sector.
Patterns
- Manufacturing and pharmaceutical insiders made the largest open-market buys, with two major funds acquiring $70M in KARD.
- Technology and healthcare saw the most concentrated insider selling, with over $94M sold in NET and HNGE combined.
- Multiple insiders participated in clustered selling in Enliven Therapeutics (ELVN), highlighting sector-wide profit-taking in biotech.
Close
Top buy tickers by $ value: KARD $70.00M, LILA $27.80M, PSEC $2.25M.
Top sell tickers by $ value: HNGE $61.60M, WBI $52.74M, CTRN $42.38M.