Stock Markets July 15, 2026 09:00 AM

Insider Transactions Roundup: Netskope Draws Heavy Buying, Executives at Big Tech and Chipmakers Trim Stakes

Directors and major holders added to Netskope while leaders at Broadcom, Arista and others executed large sales under trading plans

By Caleb Monroe
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Insider filings disclosed on Tuesday show concentrated purchasing at Netskope Inc led by a director and a 10% owner, while a string of senior executives and directors at major technology and semiconductor firms disclosed sizable sales. The filings include open-market buys, purchases by entities tied to large shareholders, and sales executed under Rule 10b5-1 plans. Market metrics cited alongside the transactions note recent price moves and InvestingPro valuations that characterize several names as overvalued or undervalued relative to their calculated Fair Value.

Insider Transactions Roundup: Netskope Draws Heavy Buying, Executives at Big Tech and Chipmakers Trim Stakes
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Key Points

  • Netskope attracted concentrated buying from a director and a 10% owner, who together acquired over 300,000 shares at weighted average prices in the $12.255 to $12.4214 range, with the stock trading at $14.27 after the purchases.
  • Senior executives and directors at large technology and semiconductor firms—including Broadcom, Arista Networks and Lam Research—reported multi-million-dollar sales, several executed under Rule 10b5-1 trading plans.
  • Smaller-cap and financial names also saw insider activity: Mink Brook increased its stake in DLH Holdings Corp. near a 52-week low and Stilwell-affiliated funds added to Peoples Financial Corp near a 52-week high.

Here is a detailed look at the most significant insider purchases and dispositions reported on Tuesday for U.S.-listed companies. The activity spans software, chipmakers, financial institutions and smaller-cap names, and includes transactions executed both as opportunistic open-market trades and pursuant to pre-arranged trading plans.


Top buys

Netskope Inc was the subject of substantial insider purchases. William J.G. Griffith, identified as a director and a 10% owner, acquired 306,399 shares of Class A Common Stock for roughly $3,765,697. The purchases were executed over two dates and carried weighted average prices between $12.255 and $12.4214 per share. On July 10, 2026, Mr. Griffith bought 241,628 shares at a weighted average of $12.255 per share, via multiple transactions with prices ranging from $12.17 to $12.30. Since those purchases, the stock has moved to $14.27, representing about a 16% increase relative to Mr. Griffith’s purchase prices. InvestingPro analysis cited in the filings shows the stock currently trades above its Fair Value and appears on the Most Overvalued list.

Also adding to Netskope was ICONIQ Strategic Partners VIII Holdings, L.P., an entity associated with Divesh Makan, another 10% owner. ICONIQ acquired Class A Common Stock with an aggregate value of approximately $3.77 million. These buys were carried out across two dates in July 2026, with weighted average prices again reported in the $12.255 to $12.4214 range. On July 10, 2026, ICONIQ Strategic Partners VIII Holdings, L.P. acquired 241,628 shares at the same weighted average price of $12.255 per share, in multiple transactions that ranged from $12.17 to $12.30. As with Mr. Griffith’s purchases, the shares have since traded up to $14.27, a rise of roughly 16% from the weighted average purchase prices. InvestingPro data included with the filings further notes a robust 6.2% return over the prior week.

DLH Holdings Corp. saw an increase in insider ownership from a significant investor. Mink Brook Asset Management LLC purchased 4,407 shares of common stock on July 13, 2026 for a total of $22,443. The shares were acquired at prices ranging from $5.0675 to $5.10 per share, producing a weighted average price of $5.0926. The timing of this buy is notable because the stock was trading near its 52-week low of $5.03 according to the InvestingPro figures cited in the filing. The company’s valuation metrics referenced a high free cash flow yield of 25%, and that figure was listed as one of several InvestingPro Tips available to subscribers who follow the DLHC symbol.

Peoples Financial Corp recorded purchases by a coordinated group of Stilwell-affiliated entities. Stilwell Value LLC alongside Stilwell Activist Investments, L.P., Stilwell Activist Fund, L.P., and Stilwell Value Partners VII, L.P. collectively acquired 200 shares of common stock on July 13, 2026. The shares were bought at $21.50 each, for an aggregate outlay of $4,300. The filing notes that the stock trades near a 52-week high of $22.95 and has appreciated close to 10% over the past year. InvestingPro commentary attached to the transaction describes the company as appearing overvalued at current levels, with a price-to-earnings ratio of 24.53. The company also maintains a dividend yield of 1.67% and is noted for making dividend payments for 10 consecutive years. The reporting persons were identified as a Section 13(d) group beneficially owning more than 10% of the issuer’s common stock and include Joseph Stilwell and the Stilwell-affiliated entities named above.

Butler National Corp attracted open-market purchases from Joseph Patrick Daly, a director and ten percent owner. Between July 10 and July 13, 2026, Mr. Daly bought a total of 30,000 shares of common stock for a combined cost of $131,420. The per-share prices paid ranged from $4.32 to $4.45. On July 10, 2026 specifically, several separate purchases were reported: 5,000 shares at $4.40 each, 6,000 at $4.35, 7,000 at $4.34 and 2,000 at $4.32. The filing notes the contemporaneous price action for Butler National, which has risen 176% over the past year and is trading near its 52-week high of $4.50.


Top sells

Broadcom Inc. disclosed a sizable sale by Mark David Brazeal, the company’s chief legal and corporate affairs officer. Mr. Brazeal sold 25,000 shares of common stock on July 10, 2026, producing proceeds of approximately $10,033,225. The shares were sold at prices between $401.22 and $401.47 per share, leading to a weighted average sale price of $401.329. After the sale, Mr. Brazeal retained direct ownership of 194,989 shares of Broadcom common stock, a total that includes 123,750 restricted stock units. The filing contextualizes the sale by noting the stock has returned 40% over the last year and was trading at $389.11. InvestingPro commentary attached to the disclosure characterized Broadcom as appearing undervalued at current levels, with a Fair Value that suggests upside potential.

Arista Networks, Inc. reported a substantial disposition from CEO and Chairperson Jayshree Ullal. On July 10, 2026, Ms. Ullal sold 234,578 shares of common stock for aggregate proceeds of approximately $43,907,277. The shares were sold at prices ranging from $187.00 to $187.42. The transactions were executed pursuant to a Rule 10b5-1 trading plan adopted on November 14, 2025. The filing explains that Rule 10b5-1 plans permit insiders to set predetermined schedules for buying or selling shares, a mechanism designed to mitigate concerns about trading on material non-public information. The timing of the sale coincides with the stock trading near a 52-week high of $189.82, following a 68% gain over the prior year. InvestingPro analysis included in the filing indicates that the stock appears overvalued relative to its Fair Value.

Alignment Healthcare, Inc. disclosed sales by Chief Executive Officer John E. Kao totaling 298,000 shares of common stock for about $5.92 million on July 10, 2026. The sales were split between two transactions. The larger block involved 279,644 shares sold at a weighted-average price of $19.8122 per share, generating roughly $5.54 million, with individual prices in that block ranging from $19.55 to $20.54 per share. The second block saw 18,356 shares sold at a weighted-average price of $20.6471 per share, totaling about $379,000; prices for that portion ranged from $20.55 to $20.84. The filing notes that the stock had fallen 15% over the previous week, but remained up 52% over the prior year.

Everpure, Inc. recorded sales by director and Chief Visionary Officer John Colgrove. On July 10, 2026, Mr. Colgrove sold a total of 100,000 shares of Class A Common Stock, generating approximately $7,982,329 in proceeds. The sales were executed through pre-arranged Rule 10b5-1 plans and took place in multiple transactions at prices from $79.46 to $82.14 per share. The filing specifies the sales were conducted indirectly through two separate trusts - The EEC Irrevocable Trust and The RWC Irrevocable Trust - each of which lists a member of Mr. Colgrove’s immediate family as a beneficiary. The company’s market data in the filing shows the stock trading at $77.03, below the sale prices, although the equity has delivered a 38% return over the past year. With a stated market capitalization of $25.5 billion, InvestingPro valuation metrics in the filing classified the name as overvalued.

Lam Research Corp. disclosed a director sale by Abhijit Y. Talwalkar. On July 13, 2026 Mr. Talwalkar sold 18,282 shares of common stock for about $6,124,470, with each share priced at $335.00. The sale was reported as executed under a Rule 10b5-1 trading plan adopted March 11, 2026. After the transaction, Mr. Talwalkar directly owns 87,142 shares of Lam Research common stock, a total that includes shares subject to unvested restricted stock units. The filing highlights Lam Research’s strong price performance over the year, noting a 233% gain and a current trading price of $346.76, and reports a market capitalization of $433 billion. InvestingPro analysis cited in the filing indicates the stock is overvalued relative to its Fair Value, although the company retains a perfect Piotroski Score of 9 in that analysis.


Context and takeaways

Insider transactions reported on SEC filings offer a direct view into how company insiders and significant shareholders are positioning themselves. The filings in this batch combine concentrated buying interest at a software company with high-profile sales by executives and directors at larger technology and semiconductor firms. The activity encompasses market purchases by directors and 10% owners, coordinated purchases by activist-aligned funds, and large sales executed via Rule 10b5-1 plans.

Several InvestingPro valuation notes accompany the transactions, describing some of the names as overvalued relative to their Fair Value and others as undervalued. The filings also pair trades with contemporaneous price context such as 52-week highs and lows and one-week and one-year returns, providing readers with immediate market context for the disclosed activity.

Methodological notes

  • Purchases and sales listed above are drawn directly from the reported Form 4 filings and related disclosures filed with regulators.
  • Some sales were implemented through Rule 10b5-1 plans; such plans are designed to allow insiders to trade according to pre-set schedules, which can limit claims that the trades were based on material non-public information.
  • Valuation commentary referenced in the disclosures is attributed to InvestingPro analysis included with the filings and is presented as such.

Bottom line

Tuesday’s filings show that insider behavior can be heterogeneous: meaningful purchases at a software firm and by a large shareholder contrast with multi-million-dollar sales by executives and directors at well-known technology and semiconductor firms. While purchases often draw investor attention as signals of confidence, the filings and accompanying notes underscore that sales can reflect a variety of non-operational motives, including pre-arranged plans, diversification or liquidity needs. Monitoring these filings alongside fundamental metrics and valuation commentary provides investors with additional context when assessing individual names.


Promotional note

Markets do not take holidays. ProPicks AI is described in the materials accompanying these filings as an analytics tool that continuously scans thousands of stocks using over 100 financial metrics to identify opportunities. The promotional material included in the filings highlights a stated performance record for a Tech Titans strategy and a July sale offering discount pricing for InvestingPro products. These promotional details were included in the original filings that disclosed the insider activity reported above.

Risks

  • Insider sales may be scheduled under Rule 10b5-1 plans or driven by personal financial needs, so they do not necessarily reflect a negative view of company fundamentals - this affects interpretation across technology and semiconductor sectors.
  • Valuation commentary in the filings highlights that several names were identified as overvalued or undervalued by InvestingPro; relying solely on insider activity without considering these valuation metrics could mislead investors in software, semiconductor, and financial stocks.
  • Short-term price movements noted in filings, such as weekly or one-year returns, may not align with longer-term fundamentals, creating uncertainty for investors assessing insider action in both small-cap and large-cap equities.

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