Tuesday’s Top Insider Moves: Major Buys and Sells Shake Up Markets

EditorFrank DeMatteo
Published 03/12/2025, 09:00 AM
© Reuters.

This article summarizes the most significant insider buying and selling activities reported on Tuesday, March 11, 2025, for US stocks.

Top Insider Buys:

National CineMedia, Inc. (NASDAQ:NCMI) saw substantial insider buying from Blantyre Capital Ltd and associated entities. Over several transactions between March 7 and 11, they acquired a total of 419,290 shares, worth approximately $2.48 million. The purchases were made at prices ranging from $5.12 to $5.32 per share. These acquisitions were made through multiple entities under the Blantyre Capital umbrella, with Mubashir Mukadam, a director and managing partner, involved in the transactions.

Blend Labs , Inc. (NYSE:BLND) director Brian Sheth made a significant purchase of 1,416,037 shares of Class A common stock, valued at approximately $4.32 million. The shares were acquired at a weighted average price of $3.0513 per share, with purchase prices ranging from $2.99 to $3.10. Following this transaction, Sheth now holds a total of 2,060,925 shares indirectly through various entities related to Haveli Investments.

Venture Global, Inc. (NASDAQ:VG) saw Executive Co-Chairman and Founder Robert B. Pender acquire 200,385 shares of Class A Common Stock. The purchase was made at a weighted average price of $9.86 per share, totaling approximately $1.98 million. This transaction increased Pender’s direct ownership to 450,385 shares. The purchase comes as the stock has declined nearly 60% over the past year.

Gates Industrial Corp plc (NYSE:GTES) director Fredrik J. Eliasson bought 60,000 ordinary shares at an average price of $19.56 per share, totaling approximately $1.17 million. This acquisition increased Eliasson’s total holdings to 188,452 shares. The purchase was executed through multiple transactions, with share prices ranging from $19.365 to $19.81.

BlackRock Inc. (NYSE:BLK) acquired 86,000 common shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT), valued at approximately $1.4 million. The purchase was completed at a weighted average price of $16.24 per share, with individual transaction prices ranging between $16.14 and $16.32. Following this acquisition, BlackRock Inc. now holds 410,800 shares directly.

Top Insider Sells:

IonQ, Inc. (NYSE:IONQ) Executive Chair Peter Hume Chapman sold 2 million shares of common stock, totaling approximately $37.4 million. The shares were sold at a weighted average price of $18.7233, with prices ranging from $18.30 to $19.173. Chapman also acquired shares through option exercises, converting options to purchase 1,528,394 shares at $0.13 per share and another 471,606 shares at $7.63 per share.

Fortinet , Inc. (NASDAQ:FTNT) saw two significant insider sales. Vice President of Engineering and Chief Technology Officer Michael Xie sold 326,784 shares, totaling approximately $32.08 million. The shares were sold at prices ranging from $96.105 to $99.8027 per share. Additionally, President and CEO Ken Xie sold 204,000 shares for approximately $19.97 million, with prices ranging from $96.29 to $98.97 per share.

KKR & Co. Inc. (NYSE:KKR) disposed of 2,948,723 shares of Crescent Energy Co (NYSE:CRGY) Class A Common Stock at a price of $9.91 per share, amounting to a total of approximately $29.2 million. The transaction was conducted on behalf of certain unaffiliated limited partners through a broker-dealer.

Roblox Corp (NYSE:RBLX) director Gregory Baszucki sold 97,388 shares of Class A Common Stock, amounting to approximately $5.2 million. The shares were sold at prices ranging from $53.00 to $54.45. Baszucki also exercised stock options to acquire 97,388 shares at $0.069 per share and made a gift of 29,216 shares to a charitable organization.

Investors should closely monitor insider trading activities as they can provide valuable insights into a company’s prospects and management’s confidence. However, it’s important to remember that insider transactions can occur for various reasons and should not be the sole basis for investment decisions. Always conduct thorough research and consider multiple factors before making any investment choices.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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