Insider report: The stocks with the biggest recent sales by executives include QuantumScape, BlackRock and Goldman

CNBC

5 days ago

Company insiders at BlackRock , QuantumScape and Goldman Sachs were among those who filed some notable stock sales with the U.S. Securities and Exchange Commission last week. Moves by executives or officers of companies may be followed by investors who are trying to gain insight on what may be happening within the businesses. However, reasons for the sales may vary. The data comes from VerityData and is confirmed against the original SEC filings. These are focused on discretionary activity and exclude those where the filing explicitly says the sale was conducted pursuant to pre-planned transactions under Rule 10b5-1 . Here are some of the biggest sales from the last week: BlackRock BlackRock CEO Larry Fink sold 26,900 shares at an average price of around $1,120 a share. The total came to $30.21 million and reduced Fink's holdings by nearly 10%. In addition, director Fabrizio Freda offloaded 4,400 shares at an average price of around $1,120 apiece. That makes for a total of $4.98 million. The sale reduced Freda's holdings by 56%. Shares of the investment management company have gained about 22% over the past three months. QuantumScape Fritz Prinz, a director at QuantumScape, sold 1 million shares with an average price of $11.62 per share, bringing the sale total to $11.62 million. Shares have surged more than 185% over the past three months. QS YTD mountain QuantumScape year to date Goldman Sachs Denis Coleman, Goldman Sachs' chief financial officer, generated $6.91 million after selling 9,500 shares of the investment bank for an average price of $724.44 per share. The sale reduced Denis's holdings by nearly 30%. CEO David M. Solomon also cut back his holdings, selling about 6,600 shares at an average price of $712.31 each — bringing the total to $4.71 million. Lastly, John F.W. Rogers, executive vice president, sold around 6,000 shares at an average price of $717.39 each, totaling $4.31 million. Goldman's stock has gained 32% over the past three months. GS YTD mountain Goldman Sachs year to date ServiceTitan Byron Deeter, a director at ServiceTitan , reduced his holdings by 94% after selling roughly 31,200 shares at an average price of $112.60. The total sale came to $3.51 million. The stock has fallen about 1% over the prior three months. Jabil Steven Raymund, a director at Jabil , sold about 13,400 shares at an average price of $223.11 apiece — for a total of $3 million. The sale reduced Steven's holdings by 14%. Shares have popped 52% over the past three months. Delta Air Lines Delta Air Lines CEO Ed Bastian netted a total of $1.97 million after selling 35,000 shares at an average price of $56.29 each. Insiders at the air carrier have sold about $6.5 million in shares in total since the beginning of July. Delta's stock has jumped 32% over the past three months. DAL YTD mountain Delta Air Lines year to date United Airlines Torbjorn Enqvist, chief operations officer with United Airlines , sold 20,000 shares at an average price of $92.23 apiece. The total sale came to $1.84 million, reducing Torbjorn's holdings by 24%. Shares have advanced about 35% over the past three months.