April 21 - Some of the most prominent U.S. executives sold billions worth of shares in the first quarter of 2025, just weeks before a fresh wave of tariffs from former President Donald Trump rocked global markets.
Meta (META, Financial) CEO Mark Zuckerberg led the sell-off, divesting more than 1.1 million shares for roughly $733 million via the Chan Zuckerberg Initiative and its related foundation. The transactions, carried out under a 10b5-1 trading plan, took place in January and February when Meta's stock traded above $600.
Oracle (ORCL, Financial) CEO Safra Catz exercised 3.8 million options in January, netting around $705 million as shares hovered above $180. Since then, Oracle shares have fallen more than 25%.
JPMorgan (JPM, Financial) chief Jamie Dimon sold about $234 million in stock during the same period. His sales were also conducted under a pre-scheduled plan.
The insider activity came ahead of Trump's April 2 announcement of a sweeping new tariff strategy. The move, dubbed “Liberation Day,” triggered the steepest equity selloff since the 2020 pandemic crash.
The S&P 500 has dropped 10.2% year-to-date, while the Dow Jones Industrial Average is down 4.7%. The "Magnificent Seven" tech giants have collectively erased trillions in market value.
- CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
- Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
- Double Buys: Companies that both Gurus and Insiders are buying
- Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.
