Insider trades: Oracle, Alibaba among notable names

Insider transactions were registered at relatively few but major firms this week, including Oracle (ORCL), Alibaba (BABA), and Costco (COST). The following deals took place between September 27 and October 2.

• Alibaba (BABA) Chief Financial Officer Hong Xu sold 103,046 shares at $13.68 each for around $1.41M. The transaction represented about 8.83% of his holdings, leaving him with 1,064,020 shares.
• Costco (COST) Executive Vice President Claudine Adamo sold 2,200 shares at $915.93 each for ~$2.02M. The sale accounted for about 23.57% of her direct holdings, leaving her with 7,134 shares.
• Palo Alto Networks (PANW) director Aparna Bawa sold 260 shares at $392.69 each for about $102,098. The transaction represented about 3.95% of her holdings, leaving her with 6,321 shares.
• Canopy Growth (CGC) director David Lazzarato sold 22,380 shares at $0.93 each for ~$20,742. The sale accounted for about 10.56% of his direct holdings, leaving him with 189,479 shares.
• Oracle (ORCL) director Stephen Rusckowski purchased 25,000 shares at $139.35 each for around $3.48M, increasing his holdings to 25,450 shares.
• GameStop (GME) CEO Ryan Cohen purchased 450,000 shares at $23.48 each for about $10.56M, bringing his direct holdings to 40.95M shares.
• Several insiders from Simon Property Group (SPG) made purchases this week, amounting to a total of $460,716. Directors including Daniel Smith and Larry Glasscock, among others, bought 2,272 shares of the company cumulatively at around $202.78 each.