Today’s standout insider activity comes from Neogen Corporation $NEOG.
Both the CEO and CFO filed Form 4s, reporting significant purchases of their company’s stock.
When the company’s top executives—the strategic decision-maker (CEO) and the financial steward (CFO)—make simultaneous moves, it’s a signal worth noting.
These leaders have valuable insights into the company’s numbers, projections, and future direction.
Here’s The Hot Corner, with data from January 16, 2025:
EcoR1 Capital, a biotech-focused hedge fund, made waves today with a substantial Form 4 filing.
The fund reported a purchase of $2,278,811 worth of Zymeworks $ZYME, increasing its ownership stake to 22.61%.
It’s worth noting that EcoR1 has a strong track record of identifying winners in the biotech space, often making concentrated bets on companies with transformative pipelines or innovative therapies.
Here’s The Hot Corner, with data from January 15, 2025:
Today’s standout transaction is a Form 4 filing by Director Robert Niblock, who made a bold statement with the purchase of 3,000 Lamb Weston Holdings Inc $LW shares, for a cost of $182,818.
Here’s The Hot Corner, with data from January 14, 2025:
The most eye-catching insider move today comes from Darsana Capital Partners, which disclosed a 5.30% stake in EchoStar Corporation $SATS via a 13G filing.
Darsana, a hedge fund known for its sharp plays, seems to have spotted something compelling in this satellite communications player.
With top holdings like HCA Healthcare $HCA, Guidewire Software $GWRE, and Hilton Worldwide $HLT, this is a fund that knows how to pick winners—making its move into SATS worth paying attention to.
Here’s The Hot Corner, with data from January 13, 2025:
Carl Icahn tops today’s list with a significant transaction in CVR Energy $CVI disclosed via a Form 4 filing.
Icahn purchased 878,212 CVI shares for approximately $16 million.
CVR Energy is one of Icahn’s top holdings, and this move underscores his long-term conviction in the company. It also reinforces his influence in the energy sector.
There’s interesting institutional activity on today’s list too, with Think Investments submitting a 13G filing for TaskUs Inc $TASK.
The filing disclosed an initial ownership stake of 16.90%, signaling the firm’s bullish outlook on TaskUs and its potential.
Here’s The Hot Corner, with data from January 10, 2025:
Today's standout insider transaction comes from John W. Dietrich, Executive Vice President and Chief Financial Officer of FedEx Corporation $FDX.
Dietrich revealed a purchase of 1,000 FDX shares, equivalent to $273,980.
CFOs’ insider purchases are especially meaningful for investors because of their deep financial knowledge. Their expressions of confidence in the underlying business are particularly notable for this reason alone.
Today's standout insider transaction comes through a 13G filing by AllianceBernstein L.P., a global investment management firm overseeing more than $700 billion in assets.
AllianceBernstein increased its passive stake in Trex Company Inc $TREX from 6.50% to 10.10%.
Here’s The Hot Corner, with data from January 7, 2025:
In a recently filed Periodic Transaction Report, Senator Shelley Capito of West Virginia disclosed stock purchases in General Electric Company $GE and Broadcom Inc $AVGO.
The transactions, each valued between $1,000 and $15,000, signal potential confidence in these market-leading companies.
Last month, Broadcom had its best single day rally in history, breaking to new all time highs following earnings.
Today’s most notable transaction comes via a Form 4 filing by EcoR1 Capital LLC, a biotech-focused hedge fund known for its expertise in high-growth life sciences investments.
The fund revealed a purchase of 363,369 shares of Zymeworks Inc $ZYME, equivalent to $5,321,175. EcoR1’s ownership stake in ZYME is now 22.04%.
Here’s The Hot Corner, with data from January 2, 2024: