 Insider Signals: Who Invested Millions in Their Business on May 8 While the market is in turmoil, insiders are voting with their money. A selection of the largest purchases by directors and CEOs yesterday: 51Talk (COE) — $12.2 million CEO Huang Jack Jiajia bought 446,700 shares at $27.36. Chinese education — an unexpected leader of the week. CEO increased his stake by +1%. Upstart Holdings (UPST) — $5 million Director Girouard Dave bought an additional 170,240 shares at $29.37. AI lending: insider bets on fintech recovery. Pampa Energy (PAM) — $4 million VP Mariani Gustavo bought 50,000 shares at $81.21. Argentine energy receives top management's trust. Pool Corp (POOL) — $1.9 million Two directors bought 11,000 shares in total. Pools and building materials. SoFi (SOFI) — $249k CEO Noto Anthony bought 15,878 shares. A small but telling signal from the company's head. Inspiremd (NSPR) — $208k Two directors bought ~179,000 shares. Medical technology. Markel Group (MKL) — $268k Director bought 150 shares at $1,791 — a rare signal from the insurance giant. Smartrent (SMRT) — $56k CEO Martell Frank bought 50,000 shares. PropTech. Key takeaway: The largest purchases are in the education (COE), AI fintech (UPST), and energy (PAM) sectors. Insiders are not expecting a recession — they are building positions. Data: OpenInsider, 05/08/2026