The most significant insider buy on today's list comes via a 13D filing by Abdiel Capital LP.

This time, the investment firm revealed an additional purchase of 82,500 shares in Appian Corporation $APPN, increasing its ownership stake to 18.60%.

Here’s The Hot Corner, with data from July 24, 2024:

The most significant insider buy on today's list comes via a Form 4 filing by Abdiel Capital LP.

The investment firm revealed a purchase of $6.7 million in Appian Corporation $APPN.

Director Roger D. Carlile bought 25,000 shares of Resources Connection $RGP, equivalent to $281,250.

Here’s The Hot Corner, with data from July 23, 2024:

The most significant insider buy on today's list comes via a 13G filing by Citadel Advisors LLC.

The investment firm reported an initial stake of 5.30% in Sphere Entertainment Co $SPHR.

Here’s The Hot Corner, with data from July 22, 2024:

The most significant insider buy on today's list comes via two separate Form 4 filings by the president and the CEO of The Charles Schwab Corporation $SCHW.

They reported purchases for a combined amount of $2.2 million.

Here’s The Hot Corner, with data from July 19, 2024:

The most significant insider buy on today's list comes via a Form 4 filing by U.S. Bancorp $USB director Aleem Gillani.

Gillani reported the acquisition of 10,000 shares, equivalent to $449,900.

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

The most significant insider buy on today's list comes via a 13D filing by Gates Capital Management.

The investment firm revealed an increase in ownership from 9.45% to 9.60% in Vista Outdoor Inc $VSTO.

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

The most significant insider buy on today's list comes via a 13D filing by Starboard Value LP.

Earlier in the week, the hedge fund revealed an original stake of 6.60% in Match Group Inc $MTCH.

Starboard has already sent a letter to executives and the board, which you can access here.

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

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:

The most significant insider buy on today's list comes via a Form 4 filing by Abdiel Capital LP.

The investment firm reported a purchase of $18 million in Appian Corporation $APPN.

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

From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts

Welcome to the Hot Corner Insider Weekly Report!

As you know, we spend a lot of time tracking insider activity to come up with this universe.

But that’s only half the battle!

Once we identify the names insiders are targeting, we overlay our expert technical analysis to see if the market agrees with their actions.

While we track some of the most powerful and well-informed market participants… we aren’t just going to follow them blindly into their trades.

We want to see that the insider activity is confirmed by the trend before we get involved. 

When we can check both boxes, we identify asymmetric risk/reward setups and then jump in and ride these trends higher alongside the smart money.

The most significant insider buy on today's list comes via a Form 4 filing by Liberty 77 Fund L.P.

The private equity firm reported a purchase of 1,129,609 shares of Lions Gate Entertainment $LGF.A, equivalent to roughly $10 million.

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

Mario Gabelli and GAMCO Investors are back on our list.

GAMCO and Gabelli’s other funds filed a 13D revealing an increase in ownership from 7.25% to 8.74% in Astec Industries $ASTE.

Here’s The Hot Corner, with data through July 10, 2024: