Overview
Insider buying was focused in financials and healthcare, while notable selling activity was concentrated in technology and services, with large transactions in medical devices and software.
High Signal
AVR — L1 Capital Pty Ltd purchased $6.71M (3rd largest purchase, out of 6) (indirect — See footnote). Across 2 filings between 2026-10-02 and 2026-10-05. Holdings increased by 5%. Dip Buy: the stock was down 5% in the previous 4 weeks.
PSUS — Chief Investment Officer (Ryan Israel) purchased $9.62M (largest purchase, out of 23). Across 3 filings between 2026-10-02 and 2026-10-06. Holdings increased by 21%.
Notable Buys
BORR — Director (Troim Tor Olav) purchased $6.20M (largest purchase, out of 9) (indirect — By Drew Holdings Ltd.). This is the first purchase of BORR by this filer. The buy comes after a period of relative price stability.
QVCG — Asset Management Lp Goldentree purchased $3.46M (first purchase of QVCG) (indirect — See footnotes). The purchase was made through multiple funds managed by the advisor.
SAH — Rusnak Paul P. purchased $2.95M (first purchase of SAH). The insider increased their stake across two filings between 2026-10-01 and 2026-10-05.
Notable Sells
MDLN — GIC Private Ltd sold $671.6M across 5 filings between 2026-10-02 and 2026-10-06 (direct and indirect — Hux Investment Pte. Ltd.). This represents a series of large sales, with holdings reduced by up to 11%. The sales were made by a major institutional holder.
ESTC — Schuurman Steven sold $135.20M (2nd largest sale, out of 7) (indirect — See footnote). Chief Revenue Officer (Dodds Mark Eugene) sold $925.8K (2nd largest sale, out of 15). Multiple insiders have sold in the last 30 days, with 6 other insiders also selling recently. Holdings decreased by 25% for Schuurman Steven.
NBIS — COO (Nave Ophir) sold $97.6M across 9 filings on 2026-10-05. This represents a significant reduction in holdings, with multiple tranches sold throughout the day.
BNTX — Chief Executive Officer (Sahin Ugur) sold $9.03M across 2 filings between 2026-10-05 and 2026-10-06. This included the largest sale out of 23 for this filer, reducing holdings by up to 40%.
SNPS — Deputy CFO & CAO (Kankanwadi Sudhindra) sold $6.04M across 2 filings between 2026-10-05 and 2026-10-06. Holdings decreased by up to 29%.
Patterns
- Technology and healthcare sectors saw the largest insider sales, with over $135M sold in software and $671M in medical devices.
- Multiple insiders sold shares in ESTC and NBIS, indicating coordinated or clustered selling activity.
- Two high-signal buys occurred in financials and healthcare, both following recent price declines of 5% or more.
Close
Top buy tickers by $ value: AVR $6.71M, PSUS $9.62M, BORR $6.20M.
Top sell tickers by $ value: MDLN $671.6M, ESTC $135.20M, NBIS $97.6M.