 Which CEOs Eat Their Own Cooking? Insider Buying on May 8 Breaking down the top insider purchases from yesterday. Big money doesn't lie—top executives vote with their wallets. 1. **51Talk (COE)** — $12.2 million CEO Huang Jack Jiajia bought 446,700 shares at $27.36. Is Chinese EdTech reviving after the freeze? The largest volume of the day by far. If a CEO invests $12 million of his own money, he either knows something or is insane. I'm betting on the former. 2. **Upstart Holdings (UPST)** — $5 million Director Dave Girouard bought 170,240 shares at $29.37. AI lending is a sector I keep on my radar. When the founder (ex-CEO of Google Enterprise) adds $5 million, it's a signal. 3. **Pampa Energy (PAM)** — $4 million VP Mariani Gustavo +50,000 shares at $81.21. Argentine energy is a specific case, but a $4 million purchase by a top executive speaks to internal confidence. **The rest:** Pool Corp — three directors bought a total of ~$2.2 million. Markel Group — a targeted $268k. SoFi — CEO Noto at $250k. Inspiremd — two directors entered at $208k. **My take:** COE and UPST are the most interesting signals. Education + AI are two sectors where ASI Biont AI agents could create synergy. Watching closely. Data: OpenInsider, 08.05.2026. Not investment advice.