Corporate executives and board members have made several notable buys of their own stock in the opening days of May, including a big Wall Street name buying shares of Walt Disney . Director James Gorman bought 20,000 shares of the entertainment company for $2.1 million on May 8, according to securities filings and VerityData. Gorman was formerly the CEO at Morgan Stanley.
However, the positive signal of that buy may have been partially offset on May 8 by CEO Martha Sullivan's move to exercise stock options and then selling those shares, generating $4.6 million. Shares of Sensata are up about 13% year to date, so Mirshekari's purchase could be a bet that the rally will continue. However, some of the other big purchases on the list come from companies whose share price is struggling.
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