Broadcom (NASDAQ:AVGO) and Dell Technologies (NYSE:DELL) witnessed insider trades for the second straight week. The summary includes sales and purchases made by company insiders, including investors, executives and board members between June 23 and June 27.
- The Walton Family Holdings Trust, a 10% owner of Walmart (NYSE:WMT) sold a stake worth $329 million in the retail chain. The trust sold 3.35M shares in the company across several transactions priced in the range of $98.1 to $99. It still retains ownership of 552 million shares in the company.
- Mark Brazeal, chief legal and corporate affairs officer of Broadcom (AVGO) made two sales this week shedding off 50,000 shares in each of the transactions for $253.28 and $262.1 per share. The total value of the sale was $25.77 million. Brazeal’s holding in the firm has now reduced to 365,956 shares.
- At CrowdStrike (NASDAQ:CRWD), President and CEO George Kurtz parted with 17,525 shares at average sale prices ranging from $462.5 to $492.95, totaling roughly $8.37 million. Following the sale, Kurtz still maintains a significant equity position, holding over 2.27 million shares in the company.
- Dell Technologies’ (DELL) CEO Michael Dell offloaded 10M shares for $122.27 apiece, for a total value of $1.22B. He continues to hold 27.29M shares in the company. Meanwhile, Silver Lake Group reduced its position in the company with the disposal of 10,681 shares, sold at $120.33 apiece. The trade was valued at about $1.29 million. Following the transaction, Silver Lake continues to hold over 1M Dell stocks.
- Adam Sanders, corporate controller and CAO of Applied Materials (NASDAQ:AMAT) offloaded 562 shares at a price of $178.60 per share. The sale totaled just over $100,000, with Sanders retaining ownership of 5,300 shares post-transaction.
- Moving to purchases, John Barry, chief executive officer of Prospect Capital (NASDAQ:PSEC), picked up 319,000 shares of the business development company at $3.16 apiece. The transaction was valued at roughly $1.01 million and brought his total ownership to over 83.94 million shares.
- Over at Capital Southwest (NASDAQ:CSWC), director Ramona Rogers-Windsor bought 471 shares paying $21.19 per share. The deal was worth just under $10,000, boosting the director’s stake in the firm to 18,092 shares.