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Fly Insider: Planet Fitness, Blink among week’s notable insider trades
The Fly

Fly Insider: Planet Fitness, Blink among week’s notable insider trades

The Planet Fitness CEO purchased $650K in company shares, while a Blink Charging beneficial owner sold $333K in company shares

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 June 5 through June 9 include:

  •  Director of Diversified Healthcare Trust (DHC) Adam Portnoy purchased 5,995,200 shares of company stock at $2.45 per share for a total transaction amount of $14,716,417
  • CEO of Zumiez (ZUMZ) Richard Brooks purchased 74,930 shares of company stock at $13.57 per share for a total transaction amount of $1,016,800
  • CFO of Adverum Biotechnologies (ADVM) Linda Rubinstein purchased 100,000 shares of company stock at $1.45 per share for a total transaction amount of $145,490
  •  CEO of Planet Fitness (PLNT) Christopher Rondeau purchased 10,000 shares of company stock at $64.99 per share for a total transaction amount of $649,850

NOTABLE INSIDER SALES: Significant insider sales reported in the prior week from June 5 through June 9 include:

  • Beneficial owner of Blink Charging (BLNK) Michael Farkas sold 50,412 shares of company stock at $6.61 per share for a total transaction amount of $333,319
  •  Officer of Coursera (COUR) Leah Belsky sold 66,666 shares of company stock at $13.07 per share for a total transaction amount of $871,371
  • VP of Chemours (CC) Matthew Abbott sold 8,912 shares of company stock at $34.20 per share for a total transaction amount of $304,790
  • Beneficial owner of Archer Aviation (ACHR) Brett Adcock sold 369,546 shares of company stock at $3.17 per share for a total transaction amount of $1,172,976

NOTABLE PRICE MOVEMENT AFTER INSIDER TRANSACTION: Shares of Planet Fitness are up approximately 6.6% since CEO Christopher Rondeau purchased 10,000 shares of company stock at $64.99 per share, while shares of Blink Charging fell over 10% after beneficial owner Michael Farkas sold 50,412 shares of company stock at $6.61 per share. for a total transaction amount of $333,319.

Keywords: insider trading, insider buying, insider selling, executive trading, executive buying, executive selling, stock transactions, SEC

Published first on TheFly

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