Weekly Insider Money Tracking: IMVT director undertook a $58 million buy, and AAPL executives sold over $64 million in stocks.
1 | Below is a look at the top insider trades with the biggest value in the past week.
One of $Immunovant (IMVT.US)$'s directors and more than 10% owner, $Roivant Sciences (ROIV.US)$, recently undertook a vast buy transaction worth $58 million. IMVT stock has gained over 104% since the start of this year. It is worth mentioning that Immunovant is a subsidiary of Roivant Sciences, a healthcare company.
For the sell transactions, according to data from Benzinga's insider trades page, three $Apple (AAPL.US)$ executives, including CEO Tim Cook, cashed in on shares totaling $64.1 million as part of a prearranged trading program.
Apple CEO Tim Cook: Converted and sold 240,569 shares, totaling $41.498 million at an average of $172.49 per share. This was his first sale of Apple stock options since August 2021.
Senior Vice President Deirdre O'Brien: Converted and sold 65,536 shares, totaling $11.279 million at an average of $172.10 per share.
Senior Vice President, General Counsel, and Secretary Katherine Adams: Converted and sold 65,536 shares, totaling $11.278 million at an average of $172.08 per share.
2 | Weekly Congress tracking
There is no congress trading activity filings for the week.
Despite their influence and extensive access to information, members of Congress can buy and sell stocks with few restrictions. Individual investors could potentially make use of thisalternative data of the latest Senate stock disclosuresto obtainmarket insights.
Source: Benzinga, Finviz, UnusualWhales
Disclaimer: Past performance can't guarantee future results. Investing involves risk and the potential to lose principal. This article is for information and illustrative purposes only.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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