software_internet
Weekly commentary
2026-W35 — Meta's CFO, CTO, and chief legal officer filed about $10.3M in 10b5-1 plan sales this week. Combined with AMD and Amazon, every dollar of insider activity across the watchlist this week was a scheduled disposal.
2026-W32 — All software/internet activity this week was insider selling: Meta's COO and two board members (~$1.42M combined), two Alphabet officers (~$177K combined), and Microsoft's CMO in a discretionary $2.4M sale. No purchases, no 13D filings, and no accumulation anywhere in the sector this week.
2026-W31 — The only flow this week was standing-plan selling from two officers, Alphabet's Marsida Saraci (~$150K) and Meta's Javier Olivan (~$891K), with no offsetting buys and no new filings beyond those insider sales. Both are continuations of prior-week patterns and say little about conviction at either company.
2026-W30 — The only software/internet flow this week was Meta COO Javier Olivan's continued 10b5-1 selling (~$2.4M), with no offsetting buys and no new filings beyond those insider sales. Plan-based and one-directional, so it says little about conviction. Note that the large Alphabet-linked disposals on the raw tape were reclassified out of this sector: they are Google Ventures fund distributions of Ethos Technologies (LIFE), not Alphabet stock.
2026-W29 — All flow this week was outbound: six insiders across Alphabet and Meta sold roughly $8M combined, entirely 10b5-1, with no new filings this week beyond those insider sales. Aggregate outflow with no buy-side counterweight, but the plan-based nature means it says little about conviction. The dashboards' Q1 2026 baseline (filed in May, not this week) shows 23 new 13F positions in GOOGL, META, and MSFT opened across four allocators — Berkshire, Pershing Square, TCI, and Coatue — history that is visible but did not change this week.
Stocks
- META — Meta (score 65)
- GOOGL — Alphabet (score 50)
- MSFT — Microsoft (score 50)
- SNPS — SYNOPSYS INC (score 45)
- VRSN — VERISIGN INC/CA (score 40)
- APP — AppLovin Corp (score 40)
- ZG — ZILLOW GROUP, INC. (score 35)
- CUSIP-922475108 — VEEVA SYS INC (score 30)
- BIDU — Baidu, Inc. (score 20)
- MANH — MANHATTAN ASSOCIATES INC (score 15)
- QLYS — QUALYS, INC. (score -10)
- ADP — AUTOMATIC DATA PROCESSING INC (score -10)
- FTNT — Fortinet, Inc. (score -10)
- PAYC — Paycom Software, Inc. (score -10)
- CSGP — COSTAR GROUP, INC. (score -10)
- FIG — Figma, Inc. (score -10)
- NTSK — Netskope Inc (score -10)
- PCOR — PROCORE TECHNOLOGIES, INC. (score -10)
- ZS — Zscaler, Inc. (score -10)
- NOW — ServiceNow, Inc. (score -10)