Co-Founder Warren, Co-CEO Long Report ET Purchases

The most significant insider transactions on today's list are from Energy Transfer LP $ET co-founder Kelcy Warren and co-CEO Thomas Long.

Together, these insiders bought $47.35 million worth of ET shares, as per Form 4 filings.

Liberty 77 Fund L.P. revealed an acquisition of 2,054,228 shares of Lions Gate Entertainment Corp $LGF, equivalent to $17,185,962.

Here’s The Hot Corner, with data from August 13, 2024:

The CEOs of Elanco Animal Health Incorporated $ELAN, Lyft Inc $LYFT, and MRC Global Inc $MRC filed Form 4s disclosing purchases of their own company’s stock.

The executive chairman of The GEO Group Inc $GEO reported a $3 million purchase in a Form 4.

Director Thomas C. Erb revealed a purchase of 2,000 shares of the cereal maker in a Form 4.

POST is in a structural uptrend, as the stock has been stair-stepping higher ever since it broke out of a massive base in 2022. 

More recently, it resolved higher from a tight continuation pattern to fresh all-time highs.

The bias is higher for POST as long as it remains above 97.50.

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

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