Thursday’s insider buys and sells: Tether fund invests $23.6M in Gold.com

Tether Global Investments and affiliates bought 530,338 shares of Gold.com at $44.50 on May 5 — a $23.6M tranche that’s part of a $150M PIPE to acquire 3,370,787 shares at the same price. The move signals institutional appetite for gold-related exposure and may underpin investor interest in precious-metal plays. The article also details notable insider activity elsewhere: Engine Capital bought Orthofix stock (~$2.23M), while large sales included Solaris Energy Infrastructure (2,000,000 shares for $149M), Quanta Services (~155,992 shares for ~$120.2M) and Life Time Group Holdings (~$105M). Overall, the mix of sizable institutional buys in Gold.com and major insider/stockholder sales in other names suggests differentiated flows across sectors — supportive for gold/precious-metal exposure but neutral-to-mixed for broader equity sentiment.