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Here’s a roundup of the most significant insider buying and selling activity disclosed on Tuesday for US stocks.
Top buys
Nike saw substantial insider buying as both CEO Elliott Hill and director Timothy Cook increased their stakes while shares traded near 52-week lows. Hill purchased 23,660 shares of Class B Common Stock on April 13 at $42.265 per share, totaling approximately $1 million. Following this transaction, Hill directly owns 265,247 shares. Cook acquired 25,000 shares on April 10 at $42.43 per share for a total of $1,060,750, bringing his direct ownership to 130,480 shares. The purchases came as Nike shares traded near their 52-week low of $42.09, with the stock down 36% over the past six months. According to InvestingPro analysis, the stock appears undervalued at current levels.
Exzeo Group CEO Paresh Patel purchased 2,000 shares of common stock on April 13 at $15.13 per share, totaling $30,260. Following the transaction, Patel directly owns 1,610,013 shares. The stock has since risen to $16.18, representing a quick gain on the CEO’s purchase. The timing appears notable given the stock’s 27% decline over the past six months, though shares have rebounded 7.5% in the last week. Analysts have set price targets between $25 and $27 for the company. An InvestingPro tip highlights that XZO is trading at a low P/E ratio relative to near-term earnings growth, with a PEG ratio of just 0.15.
Annexon director William H. Carson acquired 8,000 shares of common stock on April 10 at $6.20 per share, for a total transaction value of $49,600. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 8, 2025. Following the purchase, Carson directly owns 70,405 shares. The purchase came after the stock delivered a remarkable 280% return over the past year, though shares currently trade at $5.80, below Carson’s purchase price. According to InvestingPro analysis, the stock appears undervalued at current levels.
Spruce Power Holding Corp received buying interest from Steel Connect Sub LLC, a subsidiary of Steel Connect LLC, which purchased 9,702 shares of common stock in three separate transactions between April 10 and April 14. The purchases totaled $39,059 and were executed at prices ranging from $4.00 to $4.05 per share. Specifically, on April 10, Steel Connect Sub LLC bought 1,700 shares at $4.00 per share, followed by another purchase of 2,975 shares at $4.00 per share on April 13. The final transaction occurred on April 14, with the acquisition of 5,027 shares at $4.05 per share, increasing the subsidiary’s stake in the company.
Top sells
Astera Labs Chief Executive Officer Jitendra Mohan sold 123,750 shares of common stock on April 10, according to a Form 4 filing with the Securities and Exchange Commission. The total value of the shares sold was $18,522,445. The sales were executed in two transactions: the first involved 99,023 shares sold at a weighted average price of $149.5322 for a total of $14,800,267, with prices ranging from $149.00 to $149.99; the second transaction involved 24,727 shares sold at a weighted average price of $150.2535 for a total of $3,715,178, with prices ranging from $150.00 to $150.63. The sale comes as Astera Labs shares have surged 187% over the past year, with the stock currently trading at $170.58 and a market capitalization of $29.07 billion, though InvestingPro analysis indicates the stock appears overvalued at current levels.
Redwire Corp ten percent owner and director AE Red Holdings reported selling 1,371,411 shares of common stock on April 10 and April 13, totaling $13.1 million. The sales occurred in multiple transactions with prices ranging from $9.07 to $10.14 per share. On April 10, 581,018 shares were sold at a weighted average price of $9.31, with individual prices ranging from $9.07 to $9.70, leaving the reporting entities with 32,104,055 shares. On April 13, an additional 790,393 shares were sold at a weighted average price of $9.78, with prices ranging from $9.07 to $10.14, leaving the reporting entities with 31,313,662 shares. The stock currently trades at $9.79, up 31% year-to-date, though InvestingPro analysis suggests the shares remain undervalued relative to Fair Value.
Aehr Test Systems President and CEO Gayn Erickson sold 152,824 shares of common stock on April 10 for approximately $10.7 million at a price of $70.5831 per share. Additionally, Erickson disposed of 3,704 shares on April 11 to cover tax obligations, executed at a price of $70.43, totaling $260,872. The sale comes as the stock trades near its 52-week high of $74.53, following a remarkable 763% surge over the past year.
Micron Technology Executive Vice President and Chief Business Officer Sumit Sadana sold 24,000 shares of common stock on April 10, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at prices ranging from $421.00 to $421.865, resulting in a total transaction value of $10,112,400. Following the transaction, Sadana directly owns 224,021 shares. The insider sale comes as Micron shares trade at $465.42, near their 52-week high of $471.34, following a remarkable 557% gain over the past year. The semiconductor giant carries a market capitalization of $522.7 billion.
FedEx Executive Vice President, General Counsel, and Secretary Gina F. Adams sold 20,450 shares of common stock on April 14 for a total of $7.49 million. The sales were executed in two transactions, with prices ranging from $366.0234 to $367.3719. On the same day, Adams also acquired 20,450 shares through option exercises, totaling $3.07 million, with prices for these acquisitions ranging from $130.96 to $162.82. The transaction comes as FedEx shares trade at $370.14, up over 80% in the past year, though InvestingPro analysis suggests the stock may be overvalued relative to its Fair Value.
Monitoring insider buying and selling activity can provide valuable insights into how company executives and major shareholders view their stock’s prospects. While insiders may sell shares for various personal reasons unrelated to company performance, significant purchases often signal confidence in the business’s future, especially when made near price lows. Conversely, heavy selling near price highs may warrant attention. However, insider transactions should always be considered alongside other fundamental and technical factors when making investment decisions.
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