AP Moller Reports a $28.9 Million NE Purchase

The most significant insider buy on today's list comes via a Form 4 filing by AP Moller Holdings.

The investment company reported an additional purchase of $28.9 million in Noble Corporation $NE.

Viking Global Investors filed a 13G for Longboard Pharmaceuticals $LBPH revealing an initial stake of 5.20%.

Here’s The Hot Corner, with data from July 15, 2024:

In another Form 4, Michelle O'Hara, executive vice president and chief human resources officer of Science Applications International Corporation $SAIC, bought 1,000 shares of her own company’s stock.

Over in Washington, Sen. Markwayne Mullin of Oklahoma revealed a purchase worth between $15,000 and $50,000 in Parker-Hannifin Corporation $PH.

PH has been stair-stepping higher and consolidating constructively along the way since it broke out of a massive base in 2020.

Price is currently trying to break out of a flag pattern and continue its upward path.

We see no reason this trend could reverse, so we err in the direction of the underlying trend, which is up.

Stay tuned. We'll be back on Wednesday with more insider activity.

And please reach out with any questions. We love hearing from you!