Fly Insider: Steel Connect, Apple 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 April 15 through April 19 include:

• Chairman of Ashford (AINC) Montgomery Bennett purchased 200,000 shares of company stock at $4.91 per share for a total transaction amount of $982,000

• Beneficial owner of Acrivon Therapeutics (ACRV) Perceptive Advisors purchased 2,353,000 shares of company stock at $8.50 per share for a total transaction amount of $20,000,500

• Beneficial owner of RXO ( RXO) MFN Partners purchased 1,245,690 shares of company stock at $19.51 per share for a total transaction amount of $24,305,654

• Beneficial owner of Steel Connect (STCN) Steel Partners Holdings purchased 42,309 shares of company stock at $9.22 per share for a total transaction amount of $390,000

NOTABLE INSIDER SALES: Significant insider sales reported in the prior week from April 15 through April 19 include:

• COO of Apple (AAPL) Jeffrey Williams sold 59,162 shares of company stock at $172.22 per share for a total transaction amount of $10,188,880

• Chairman of Coursera (COUR) Andrew Ng sold 75,000 shares of company stock at $12.04 per share for a total transaction amount of $903,330

• Beneficial owner of Carvana (CVNA) Ernest Garcia sold 50,000 shares of company stock at $80.13 per share for a total transaction amount of $4,006,495

•  Chairman of e.l.f. Beauty (ELF) Tarang Amin sold 6,832 shares of company stock at $162.63 per share for a total transaction amount of $1,111,063

NOTABLE PRICE MOVEMENT AFTER INSIDER TRANSACTION: Shares of Steel Connect moved up approximately 25% after beneficial owner Steel Partners Holdings purchased 42,309 shares of company stock at $9.22 per share, while shares of Apple fell approximately 4.7% after COO Jeffrey Williams sold 59,162 shares of company stock at $172.22 per share.