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Wednesday’s insider activity: Major buys at TTM Technologies

By Investing.com8 min readInvesting.com
Wednesday’s insider activity: Major buys at TTM TechnologiesWednesday’s insider activity: Major buys at TTM Technologies

Wednesday’s insider activity: Major buys at TTM Technologies

Here’s a roundup of the most significant insider trading activity disclosed on Wednesday for U.S. stocks.

Top buys

TTM Technologies Inc. (NASDAQ:TTMI) saw substantial insider buying from its leadership team. Edwin Roks, President and Chief Executive Officer and a Director, acquired 5,000 shares at $88.07 per share on October 28, 2026, totaling an investment of $440,349. Following this transaction, Mr. Roks directly beneficially owns 64,483 shares of TTM Technologies common stock. The purchase comes as TTMI stock has rebounded recently, trading at $90.79 with a one-week gain of nearly 23%, though shares remain down 34% over the past six months. According to InvestingPro analysis, the stock currently trades above its Fair Value, suggesting limited upside from current levels. The company is trading at a low P/E ratio relative to near-term earnings growth, with a PEG ratio of 0.35.

TTM Technologies Inc. (NASDAQ:TTMI) also received a vote of confidence from another board member. Ali Wajid, a director at the company, acquired common stock on October 28, 2026. The transactions totaled $902,460 and involved the purchase of 10,000 shares. The shares were acquired at prices ranging from $89.8571 to $90.635 per share. Specifically, Mr. Wajid purchased 5,000 shares at $89.8571 each and an additional 5,000 shares at $90.635 each.

LeonaBio, Inc. (NASDAQ:LONA) witnessed a major acquisition by David J. Portman, a director and 10% owner, who acquired a substantial amount of common stock on October 26, 2026. The transaction involved the acquisition of 3,149,470 shares of LeonaBio common stock, totaling approximately $9.92 billion. The shares were acquired at a price of $3,149.47 per share. Following this transaction, Mr. Portman indirectly holds 3,149,470 shares of LeonaBio common stock. The stock currently trades at $4.96 with a market capitalization of $46.07 million, and according to InvestingPro analysis, appears undervalued relative to its Fair Value. The company’s shares have shown significant volatility, with a beta of 2.12, though they’ve delivered a 21.72% return over the past year. These shares are held by Sermonix Pharmaceuticals, Inc., where Mr. Portman serves as Chief Executive Officer. While he reports voting control over these securities, his personal indirect beneficial ownership does not exceed 10% of LeonaBio’s stock.

Corebridge Financial, Inc. (NYSE:CRBG) received increased investment from Nippon Life Insurance Co., a significant 10% owner and director, which recently increased its stake in the company. On October 26, 2026, the insurance firm acquired 182,826 shares of common stock for a total value of $6,390,298. The purchase comes as CRBG trades near its 52-week high of $35.67, with the stock delivering a strong 33% return over the past six months. The purchases were executed at prices ranging from $34.58 to $35.31 per share, with a weighted average price of $34.9529. These transactions were carried out under a Rule 10b5-1 trading plan, which Nippon Life Insurance Co. adopted on August 7, 2026. Following these acquisitions, Nippon Life Insurance Co. now directly holds 131,445,541 shares of Corebridge Financial common stock. This total includes shares held directly by Nippon Life Insurance Co. and those held by Nissay Asset Management Corporation, a wholly owned subsidiary.

Gold.com, Inc. (NASDAQ:GOLD) attracted investment from Tether Global Investments Fund, S.I.C.A.F., S.A., a 10% owner and director, which recently acquired common stock totaling approximately $3.93 million. The fund purchased 100,000 shares through a series of transactions between October 26 and October 28, 2026, with prices ranging from $38.9609 to $39.4445 per share. The purchases came as the stock trades at $39.04, with InvestingPro analysis indicating the company is undervalued relative to its Fair Value. The company carries a market capitalization of $1.14 billion and trades at a P/E ratio of 12.83. On October 26, 2026, the fund acquired 32,675 shares at $38.9609 each. This was followed by a purchase of 39,692 shares at $39.4445 on October 27, 2026. The final reported transaction on October 28, 2026, involved the acquisition of 27,633 shares at $39.3942 per share.

Top sells

Medpace Holdings, Inc. (NASDAQ:MEDP) saw Susan E. Burwig, Executive Vice President of Operations, sell a total of 20,000 shares of the company’s common stock across two transactions in late October. The sales, which occurred on October 26 and October 27, 2026, collectively amounted to approximately $13.54 million. The shares were sold at a price of $677.00 per share. These transactions were executed pursuant to a limit order placed by Ms. Burwig during an open window period. The timing coincides with Medpace trading near its 52-week high of $693.97, with the stock currently at $692.68. The company has delivered a strong 67% return over the past six months, though InvestingPro analysis suggests the stock is overvalued relative to its Fair Value—placing it among companies on the most overvalued list.

The Hershey Company (NYSE:HSY) experienced selling activity from Hershey Trust Co., a significant shareholder and director, which recently disposed of common stock totaling approximately $4.95 million across multiple transactions. The sales occurred between October 26 and October 28, 2026, with shares trading at prices ranging from $162.7182 to $168.2167. The transactions came as HSY stock trades near its 52-week low of $156.16, down significantly from its 52-week high of $239.48. According to InvestingPro analysis, the stock appears undervalued at current levels, with shares trading below the platform’s Fair Value estimate—placing it among opportunities on the most undervalued stocks list. Specifically, on October 26, 2026, the Trust sold a total of 9,900 shares of common stock in four separate transactions. On October 27, 2026, an additional 9,900 shares were sold over four transactions. The final transactions on October 28, 2026, involved the sale of 10,000 shares across three separate dealings. In total, the Trust sold 30,000 shares directly, reducing its direct beneficial ownership from 515,889 shares to 486,119 shares.

International Seaways, Inc. (NASDAQ:INSW) saw Famatown Finance Ltd, a 10% owner and director, recently sell 203,738 shares of the company’s common stock for a total value of approximately $25.01 million. The transactions occurred across several dates in October 2026. The sales came after the stock delivered a remarkable 157% return over the past year, with shares currently trading at $111.74, below the sale prices of $121-125 per share. The shares were sold at weighted average prices ranging from $121.551 to $125.053 per share. Specific sales included 100,000 shares on October 9, 2026, at a weighted average price of $121.551, with individual prices ranging from $121.500 to $121.780. On October 13, 2026, Famatown Finance sold 37,888 shares at a weighted average price of $121.991 (prices from $121.540 to $122.515) and an additional 1,029 shares at a price of $124.481. The final reported sale was on October 14, 2026, consisting of 64,821 shares at a weighted average price of $125.053, with prices ranging from $125.000 to $125.215.

Ryder System Inc. (NYSE:R) experienced selling from Robert E. Sanchez, Executive Chair, who disposed of shares worth approximately $9.7 million through a series of transactions from October 26 to October 28, 2026. Mr. Sanchez sold a total of 34,614 shares of Ryder System common stock over three days, generating approximately $9,749,470. The sales occurred on October 26, 27, and 28, 2026, with prices ranging from $280.01 to $283.57 per share. The stock has surged 66% over the past year and currently trades near its 52-week high of $287, though InvestingPro analysis suggests the shares may be overvalued at current levels.

Roper Technologies (ROP) saw John K. Stipancich, Executive Vice President, Chief Legal Officer & Secretary, sell 3,500 shares of the company’s common stock on October 26, 2026. The transactions totaled approximately $1,571,640. The sale was executed at a price of $449.04 per share, near the stock’s 52-week high of $464.98. This disposition followed the exercise of employee stock options for an equal number of shares. Mr. Stipancich acquired 3,500 shares of common stock through the exercise of options at a price of $275.69 per share, totaling approximately $964,915. These options were granted on January 19, 2018, and vested in two equal parts: 50% on January 19, 2020, and the remaining 50% on January 19, 2021. According to InvestingPro analysis, Roper Technologies appears undervalued at current levels. The platform offers 14 additional ProTips and a comprehensive Pro Research Report for deeper analysis.

Monitoring insider trading activity provides valuable insights into how company executives and major shareholders view their stock’s prospects. While insider purchases can signal confidence in a company’s future performance, sales don’t necessarily indicate pessimism, as executives may sell shares for various personal financial reasons, including portfolio diversification or tax planning. Nevertheless, tracking these transactions alongside other fundamental and technical indicators can help investors make more informed decisions about their portfolios.