Multimillion Dollar Insider Stock Sales: Chevron, AppLovin, EA, and Monolithic Power Systems
CNBC TelevisionDecember 5, 20251 min16,798 views
4 connectionsยท7 entities in this videoโTracking Notable Insider Stock Moves
- ๐ Insider Action focuses on significant stock sales by company directors and executives that are outside their pre-planned trading schedules.
- ๐ Data is sourced from Verity Data and confirmed by CNBC's team against official SEC filings.
Major Sales Across Key Companies
- ๐ฐ John Hess, a director at Chevron, sold over 500,000 shares from a trust for nearly $83 million.
- ๐ก Hess joined the board after Chevron's $53 billion acquisition.
- ๐ AppLovin's CEO divested more than 95,000 shares, totaling just under $50 million, with the stock up over 80% this year.
- ๐ฎ Jeff Hooer, a board member at Electronic Arts (EA), sold approximately 96,000 shares for about $19 million, following a nearly 40% stock increase.
Monolithic Power Systems Insider Activity
- ๐ An Executive VP at Monolithic Power Systems sold 40,000 shares for over $36 million.
- โ ๏ธ Verity Data notes a cluster of sales at Monolithic Power Systems, with three insiders, including the CEO, selling over $100 million in the past month.
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Whatโs Discussed
Insider TradingStock SalesSEC FilingsChevronAppLovinElectronic ArtsMonolithic Power SystemsCompany DirectorsExecutivesVerity DataCNBC
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