Ren Thomas Jintao Sells Over 2.8 Million CMCM Shares
CMCM's CFO, Ren Thomas Jintao, sold 2,841,750 shares on June 22, 2026.
Key Points
- Ren Thomas Jintao, CFO of CMCM, sold 2,841,750 shares on June 22, 2026.
- CMCM shares traded at $3.50 on Monday, with a recent insider selling activity.
- Other funds like Morgan Stanley and Renaissance Technologies adjusted their CMCM holdings recently.
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Ren Thomas Jintao, Chief Financial Officer of CMCM, sold 2,841,750 shares of the company on June 22, 2026. This insider transaction was not part of a pre-planned trading program. The shares traded at $3.50 on Monday.
Insider Buying and Selling at Cheetah Mobile Inc.
On June 22, 2026, Ren Thomas Jintao, the CFO, sold 2,841,750 shares. This transaction was not made under a Rule 10b5-1 trading plan. Additionally, Fu Sheng, the CEO, was involved in both selling and buying activities on the same date, each involving 10,707,950 shares.
Other Institutional Activity in CMCM
Several institutional investors have recently adjusted their positions in CMCM. Morgan Stanley reduced its holdings by 22,174 shares, ending with 33,480 shares valued at approximately $184,475. Renaissance Technologies increased its position by 1,097 shares, bringing its total to 32,842 shares worth about $180,959. Meanwhile, Susquehanna International Group cut its stake by 7,484 shares, holding 15,837 shares valued at $87,262.
Bottom Line
The recent insider activity at CMCM, particularly by CFO Ren Thomas Jintao, highlights significant transactions within the company. Investors often monitor such trades for potential signals, though they do not necessarily indicate a change in the company's prospects. As with all 13F filings and insider reports, this information reflects past actions and may not represent current holdings or intentions.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.