Chairman and CEO Rogers Buys 57,300 TFC Shares

The most significant insider buy on today's list comes via a Form 4 filing by the chairman and CEO of Truist Financial Corporation $TFC, William H. Rogers Jr.

Rogers reported a purchase of 57,300 TFC shares, equivalent to $2.5 million.

Liberty 77 Capital L.P bought 149,682 shares of Lions Gate Entertainment Corp $LGF.

Here’s The Hot Corner, with data from July 25, 2024:

In another Form 4, William R. Johnson, chairman of the board of directors of United Parcel Service $UPS, revealed a purchase worth $643,035.

Director Robert W. Stallings reported a purchase of 5,500 shares in Texas Capital Bancshares $TCBI.

TCBI has been carving out a base for roughly three years.

Price is pressing against the range's upper bounds as buyers absorb all the overhead supply at this resistance zone:

The level to watch is at 69.50.

A breakout above that zone could push the price to a fresh leg to the upside.

Have a great weekend. We'll be back on Monday with more insider activity.

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