Wednesday’s Insider Activity: Kennedy’s $4M Bet on First American

EditorFrank DeMatteo
Published 02/19/2026, 09:00 AM
© Reuters.

Here’s a summary of the most significant insider transactions disclosed on Wednesday, February 18, 2026.

Top Insider Buys

First American Financial Corp saw significant insider buying as director Parker S. Kennedy purchased 59,841 shares worth $4,050,101. The transactions occurred on February 13 and 17, 2026, with all purchases coded as "P" for direct purchase. The stock currently trades at $66.15 with a P/E ratio of 11.03 and offers a 3.33% dividend yield. First American boasts a "GREAT" overall financial health score of 3.03, and according to InvestingPro’s assessment, the stock appears undervalued.

LanzaTech Global, Inc. reported a major purchase by ten percent owner Guardians of New Zealand Superannuation, who acquired 969,858 shares on January 21, 2026. The transaction totaled $4.3 million, with 860,000 shares purchased at $5.00 per share and an additional 109,858 bonus shares issued at no cost.

KKR & Co. Inc. director Matt Cohler bought 43,872 shares on February 17, 2026, for a total value of $4,514,428. The shares were acquired at a weighted average price of $102.90, with individual transactions ranging from $102.76 to $103.01. Following the purchase, Cohler now directly owns 45,477 shares and indirectly holds an additional 97,568 shares through a trust.

DraftKings Inc. director Harry Sloan made a substantial investment by purchasing 100,000 shares of Class A Common Stock on February 17, 2026. The shares were bought at prices ranging from $21.76 to $22.00, for a total transaction value of $2.18 million. After this purchase, Sloan directly owns 350,219 shares of DraftKings.

Flywire Corp saw Voss Capital and related entities purchase 25,000 shares on February 13, 2026. The transaction, executed by Voss Value Master Fund, L.P. at prices ranging from $10.8980 to $11.1179, totaled $274,795. Following this purchase, Voss Value Master Fund now directly owns 2,300,000 shares of Flywire.

Top Insider Sells

Johnson & Johnson Executive Vice President and Chief Financial Officer Joseph J. Wolk sold 84,654 shares on February 17, 2026, generating approximately $21.7 million. The sales were executed at prices ranging from $242.68 to $242.99 per share. In related transactions, Wolk exercised options to acquire 66,475 shares through various equity awards at prices ranging from $0.00 to $131.94, totaling $8.19 million.

Johnson & Johnson also saw Executive Vice President and CIO James D. Swanson sell 41,559 shares on February 13 and 17, 2026, for approximately $15.1 million. The sales occurred at prices ranging from $242.70 to $243.76 per share. Swanson also exercised options to acquire 42,418 shares through various equity awards, with transaction prices ranging from $0.00 to $165.89, totaling $10,202,709.

Howmet Aerospace Executive Vice President and CAO Neil Edward Marchuk sold 45,150 shares on February 18, 2026, for approximately $11.36 million. The shares were sold at prices ranging from $250.07 to $253.00. Additionally, Marchuk disposed of 28,651 shares on February 16, 2026, to cover tax obligations related to a vesting stock award, valued at $7,168,766 at $250.21 per share.

UWM Holdings Corp President and CEO Mat Ishbia, through SFS Holding Corp, sold 1,898,622 shares between February 13 and 18, 2026. The sales, executed under a pre-arranged 10b5-1 plan, generated $9.28 million at prices ranging from $4.85 to $4.94 per share. The transactions also included the conversion of 6,600,000 UWM Paired Interests into Class A Common Stock.

Exelixis Executive Vice President, Commercial, Patrick J. Haley, sold 67,814 shares on February 17, 2026, for approximately $2.95 million. The sales occurred at prices ranging from $43.50 to $43.84 per share. Currently trading at $44.46, Exelixis has a P/E ratio of 15.9 and a low PEG ratio of 0.25, with InvestingPro analysis suggesting the company is undervalued. Exelixis maintains an "EXCELLENT" financial health score according to InvestingPro metrics.

Tracking insider transactions provides valuable insights for investors seeking to understand corporate sentiment. When executives and directors invest their own money in company stock, it often signals confidence in the company’s future prospects. Conversely, insider selling may occur for various reasons, including diversification, tax planning, or personal financial needs, and doesn’t necessarily indicate negative outlook. Monitoring these patterns alongside fundamental analysis can help investors make more informed decisions about potential investment opportunities.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2026 - Fusion Media Limited. All Rights Reserved.