Insider trades: Boeing, Starbucks, Merck among notable names this week

This week, insider trading was seen across companies like Nike (NKE), Boeing (BA) and Merck (MRK). The following transactions occurred between November 10 and November 14.

  • Jorgen Knudstorp, director at Nike (NKE), bought 16,150 shares of the company for $62.09 for a total value of about $1M. With this, his stake in the company has increased to 21,388 shares. Knudstorp also bought shares worth $994,500 in Starbucks (SBUX), where he serves as a director as well, raising his total holdings to about 53,096 shares.
  • Blackstone (BX) director Ruth Porat purchased 402 shares in the price range of $143.4 to $148.92 for a total value of around $58,836. She now owns a total of about 47,839 shares of the firm.
  • Organon & Co.’s (OGN) executive chair Carrie Cox added 65,400 shares of the company to her portfolio for a total value of $501,755. She bought 65,400 shares for $7.67 each, increasing her holdings to 77,869 shares.
  • Harry Sloan, director at DraftKings (DKNG), snapped up his holdings in the company by purchasing 25,000 shares for $30.3 each for a total worth of $757,500. Sloan’s holdings in the company have now increased to 249,712 shares.
  • On the sell side, Uma Amuluru, EVP and chief HR officer at Boeing (BA), sold 1,366 shares for about $197.66, resulting in a total transaction value of $270,009. She now holds 14,656 shares in the company.
  • Merck’s (MRK) Chief Communications & Public Affairs Officer, Cristal Downing, offloaded 7,085 shares for $87 each, for a total transaction value of $616,395.
  • Uber (UBER) CFO Prashanth Mahendra-Rajah let go of 5,500 shares, for $94.41 apiece. The transaction, worth a total of $519,234, has decreased Mahendra-Rajah’s holding in the company to 20,330 shares.
  • Amgen’s (AMGN) EVP, Global Commercial Ops, Murdo Gordon, divested a stake worth $2.32 million. He sold 6,879 shares for $336.83 each, reducing his stake in the company to 41,923 shares.
  • Bernice Bell, CFO of AGNC Investment (AGNC), let go of 20,000 shares of the firm for about $10 each, resulting in a total value of $205,350. Bell continues to hold 339,719 shares in the company.

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