Insider trades: Notable buys and sells by significant shareholders, executives and directors
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Igor Kutyaev
A weekly summary of insider trading highlighting notable buying and selling by investors, directors and executives. The trades have taken place between September 30 and October 4, 2024.
• Nvidia (NASDAQ:NVDA) said in a filing that its Director, Mark Stevens sold 40,000 common shares at $121.01 per share for a total transaction value of about $4.8M. Stevens now owns about 8.4M shares.
• On 3rd October, Hock Tan, CEO of Broadcom (NASDAQ:AVGO), disclosed through a filing that he has again sold shares of the company. He sold 10,000 shares at a price of $167.14 per share, totaling $1.7M. The transaction has adjusted CEO’s holdings in the company to about 1.2M shares.
• Lululemon Athletica (NASDAQ:LULU) disclosed with SEC on September 30, that its Chief Brand Officer, Nicole Neuburger sold about 486 shares of the company at a price of $269.59 per share, totaling $131,021. This brings Neuburger’s total holdings in the company to 6,198 shares.
• In a transaction, Allan B. Hubbard, a Director of Simon Property Group (NYSE:SPG), expanded his holdings in the company by purchasing its shares. Hubbard acquired 370 shares at $167.3 per share for a total of $61,901. Following the transaction, Hubbard’s direct holdings have increased to 34,301 shares.
• Southwest Airlines’ (NYSE:LUV) Executive Chairman Gary Kelly purchased 33,921 common shares of the company, according to a recent SEC filing. The price per share was $29.52 per share, totaling an investment of $1M. Following the transaction, Kelly now owns a total of 146,410 shares in LUV.
• Appian (NASDAQ:APPN) revealed in an SEC filing that its 10% owner, Abdiel Capital Advisors purchased shares valued at nearly $346,444. The transaction, filed on October 3, 2024, involved Abdiel Capital Advisors acquiring 10,265 shares of common stock at a weighted average price of $33.75 per share. Following this acquisition, Abdiel Capital’s direct ownership in the company has increased to a total of 10.2M shares.