Leading today’s list is Ariel Emanuel, CEO of TKO Group Holdings $TKO, making waves with an eye-popping $77 million purchase. 

When a CEO drops this kind of cash on their own stock, it screams confidence in the company’s future.

Kenneth Courtis, independent director of Alpha Metallurgical Resources $AMR, followed suit with a hefty $2.4 million buy. Insider moves like this often hint at good things to come, or at least an upward move in the stock.

Here’s The Hot Corner, with data from December 18, 2024:

ConocoPhillips $COP saw action too, as director R.A. Walker scooped up 10,400 shares in the latest Form 4 filing.

But that’s not all. The president and CEO of 3D Systems Corporation $DDD, Jeffrey Graves, doubled down with a bold move, snapping up 60,000 shares of his own company’s stock.

Thanks to everyone who joined us for today's Hot Corner Insider Weekly Strategy Session.

Baker Bros Advisors, renowned for their biotech expertise, increased their stake in Bicycle Therapeutics $BCYC from 19.76% to 22.90%, as disclosed in a 13D filing. 

This signals strong confidence in the company's prospects, likely tied to its innovative "Bicycles" platform for developing novel therapies. 

Given the Bakers' track record, their investment is a notable endorsement of Bicycle Therapeutics' potential. 

In essence, when the Bakers buy, biotech investors pay attention.

Here’s The Hot Corner, with data from December 17, 2024:

Two notable insider purchases were disclosed via Form 4 filings in the energy sector:

• PBF Energy Inc $PBF: Control Empresarial de Capitales SA reported a purchase, adding $5,357,162 to its current position.
• Diamondback Energy $FANG: Director Steven West also disclosed buying shares for $975,960.

Insider activity often tells a compelling story.

Executives might sell their shares for any number of personal reasons—funding vacations, covering big expenses like a daughter's wedding, or diversifying their investments.

But when they buy their own stock, it speaks volumes. There's usually only one reason: they believe the stock is undervalued and poised to go up.

While many are quick to sound alarms over insider sales these days, I prefer to focus on when and where these leaders put their money into their own companies.

Then, as technicians, we decide if the stock offers a favorable risk vs reward opportunity that we want to join in on.

One transaction from today's list that stood out was made by Eric Schuppenhauer, Executive Vice President and Group Business Unit Leader for Borrowing at SoFi Technologies $SOFI.

Schuppenhauer, who joined SoFi in September, made his first open-market...

The standout insider move today comes from Eric Schuppenhauer, an executive VP at SoFi Technologies $SOFI.

Schuppenhauer made a bold statement by purchasing 30,599 SOFI shares—an investment worth $500,000.

This adds weight to the vision of CEO Anthony Noto, who demonstrated his confidence with $10 million in insider buys between March 2022 and May 2024.

The stock has officially left the station, completing a classic bottoming formation and now surging higher with authority:

Price is currently breaking out of a tight continuation pattern, in the direction of the underlying trend.

If insiders are anything to go by, they clearly believe there’s still plenty of track ahead for this train!

Here’s The Hot Corner, with data from December 16, 2024:

James Monroe III, a director and significant shareholder of Globalstar $GSAT, revealed a...

The largest insider buy on today’s list comes via a Form 4 filing by TKO Group $TKO director Egon Durban.

Durban revealed a massive purchase of TKO shares for a total value of $48,133,338.

Durban currently serves as CEO of Silver Lake and is the chairman of Endeavor Group, the majority shareholder of TKO.

Stellantis is back with another large investment in Archer Aviation Inc $ACHR.

The automaker just revealed the acquisition of 751,879 shares, equivalent to $5 million.

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

Control Empresarial de Capitales SA continues to buy PBF Energy $PBF shares, reporting a purchase in the amount of $8,460,732.

Last but not least, there were also insider buys reported from directors of Terex Corporation $TEX, Dillard's $DDS, and Pulse Biosciences $PLSE.

Thanks to everyone who joined us for today's Hot Corner Insider Weekly Strategy Session.

Jack L. Macdowell, chief investment officer of Chimera Investment Corporation $CIM, acquired $998,580 worth of CIM shares.

Kevin M. Sheehan, Interim CEO of Dave & Buster's Entertainment $PLAY, purchased 37,735 shares.

Here’s The Hot Corner, with data from December 12, 2024:

Director Mark A. Weinberger acquired 1,000 shares of Johnson & Johnson $JNJ.

We also witnessed insider buys in Hubbell Incorporated $HUBB and Jackson Financial $JXN.

OPKO Health $OPK CEO Phillip Frost just put his money where his mouth is, snapping up 500,000 of OPK shares at $1.56 each.

Remember, executives sell for many reasons. But they only buy because they believe in their company and think it will have a higher stock price in the future.

Frost is clearly placing his chips on OPKO’s future.

Here’s The Hot Corner, with data from December 11, 2024:

Director David B. Smith, Jr. bought 635 shares of Illinois Tool Works $ITW, equivalent to $174,752.

ARK Investment Management is making waves with its latest move.

In a recent 13G filing, Cathie Wood and her team increased their stake in CRISPR Therapeutics AG $CRSP from 8.78% to 10.69%.

This move makes CRSP the fifth largest holding in ARK’s portfolio, highlighting their strong belief in the company and its groundbreaking work in gene editing.

Every time ARK Investment Management makes a move, it’s worth paying attention – and their latest activity is no exception.

Here’s The Hot Corner, with data from December 10, 2024:

Adding to the activity, GIC Private Ltd., Singapore's sovereign wealth fund, disclosed an initial 5.66% stake in Paymentus Holdings $PAY in a schedule 13G.

Last but not least, we witnessed insider activity in PBF Energy $PBF, Matador Resources Company $MTDR and Biglari Holdings Inc $BH.