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Fly Insider : Uniti Group, AutoNation among week’s notable insider trades
The Fly

Fly Insider : Uniti Group, AutoNation among week’s notable insider trades

AutoNation VP Cannon sold $1,264,200 in company shares while CEO of Uniti Group Gunderman purchased $983,250 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 March 6 through March 10 include:

  • CEO of Uniti Group (UNIT) Kenny Gunderman purchased 225,000 shares of company stock at $4.37 per share for a total transaction amount of $983,250
  •  Director of Vicarious Surgical (RBOT) Philip Liang purchased 37,100 shares Of company stock at $2.50 per share for a total transaction amount of $92,624
  • Holder of Myovant Sciences (MYOV) Sumitomo Chemical purchased 51,599,200 shares of company stock at $27 per share for a total transaction amount of $1,393,178,400
  • Holder of Occidental Petroleum (OXY) Warren Buffett purchased 5,801,791 shares of company stock $61.10 per share for a total transaction amount of $354,513,798

NOTABLE INSIDER SALES: Significant insider sales in the prior week from March 6 through March 10 include:

  • CEO of Bumble (BMBL) Whitney Herd sold 2,000,000 shares of company stock at $22.17 per share for a total transaction amount of $44,346,000
  •  Director of Airbnb (ABNB) Joseph Gebbia sold 54,256 shares of company stock at $125 per share for a total transaction amount of $6,782,157
  •   VP of AutoNation Marc Cannon sold 8.800 shares of company stock at $143.66 per share for a total transaction amount of $1,264,200
  •  CFO of Akamai Technologies (AKAM) Edward McGowan sold 2,043 shares of company stock at $74.42 per share for a total transaction amount of $152,040

NOTABLE PRICE MOVEMENT AFTER INSIDER TRANSACTION: Shares of Uniti moved up approximately 9% after CEO  Kenny Gunderman purchased 225,000 shares of company stock at $4.37 per share, while shares of AutoNation dropped approximately 8% after  VP   Marc Cannon sold 8.800 shares of company stock at $143.66 per share. 

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

Published first on TheFly

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