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Insider Activity Picks Up at Tesla, Enphase, Morgan Stanley and Other Major Firms

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May 5 - Corporate insiders across several major U.S. firms disclosed notable share transactions during the final days of April, according to regulatory filings submitted between April 28 and May 2.

Tesla (NASDAQ:TSLA) board member Joseph Gebbia purchased 4,000 shares of the EV maker at an average price of $256.31, totaling about $1.03 million.

At Enphase Energy (NASDAQ:ENPH), President and CEO Badrinarayanan Kothandaraman acquired 4,000 shares valued at $185,390, boosting his direct ownership to roughly 1.6 million shares.

In the healthcare sector, Bristol-Myers Squibb (NYSE:BMY) Executive Vice President and Chief Medical Officer Samit Hirawat bought 4,250 shares for approximately $202,215.

Southwest Airlines (NYSE:LUV) saw two directors make fresh investments. David Hess bought 7,500 shares for nearly $199,000, while Gregg Saretsky picked up 3,670 shares worth over $100,000.

PNC Financial Services (NYSE:PNC) Director Martin Pfinsgraff acquired 1,000 shares at $158.22 each, bringing his total to just over 2,000 shares.

Morgan Stanley (NYSE:MS) Co-President Andrew Saperstein sold 40,000 shares for a total of $4.8 million.

Meanwhile, several executives opted to trim positions. Citigroup (NYSE:C) Director John Dugan sold 4,417 shares for $301,493.

These transactions offer a window into insider sentiment as executives adjust their holdings amid shifting market and company dynamics.

This article first appeared on GuruFocus.