Fly Insider: Exelixis, Akami among week’s notable insider trades

Welcome to “Fly Insider,” The Fly’s weekly recap of notable insider stock transactions.

NOTABLE INSIDER PURCHASES: Significant insider purchases reported in the prior week from February 19  through February 23  include:

• Director of Exelixis (EXEL) David Johnson purchased 190,000 shares of company stock at $20.70 per share for a total transaction amount of $3,932,734

• Director of Agree Realty (ADC) Rakolta John purchased 20,430 shares of company stock at $57.00 per share for a total transaction amount of $1,164,510

• Beneficial owner of Heritage Insurance (HRTG) Raymond Hyer purchased 148,148 shares of company stock at $6.75 per share for a total transaction amount of $999,999

• Chairman of Herbalife (HLF) Michael Johnson purchased 61,725 shares of company stock at $8.07 per share for a total transaction amount of 500,000

NOTABLE INSIDER SALES:  Significant insider sales  reported in the prior week from February 19 through February 23 include:

• CEO of Air Lease (AL) John Plueger sold 69,406 shares of company stock at $40.11 per share for a total transaction amount of $2,783,944

• CFO of Airbnb (ABNB) Dave Stephenson sold 7,838 shares of company stock at $145.98 per share for a total transaction amount of $1,144,191

• VP of Akamai Technologies (AKAM) Anthony Williams sold 3,510 shares of company stock at $112.55 per share for a total transaction amount of $395,051

• Chairman of Agilysys (AGYS) Michael Kaufman sold 867,729 shares of company stock at $82.59 per share for a total transaction amount of $71,665,738

NOTABLE PRICE MOVEMENT AFTER INSIDER TRANSACTION: Shares of  Exelixis moved up approximately 5% after director David Johnson purchased 190K shares of company stock at $20.70 per share, while Akami fell around  6% after VP Anthony Williams sold 3,510 shares of company stock at $112.55 per share.