Different Insiders, Same Stock

Today, we have an excellent example of that, as the oil and gas stock that Warren Buffett just invested $6 billion into is back on our list with insider activity from a key executive.

Vicki Hollub, the president and CEO of Occidental Petroleum $OXY, purchased $798,101 worth of her company’s stock.

Here’s The Hot List, with data through March 30, 2022:

There were also a handful of very large insider buys in the asset manager Invesco Ltd $IVZ as well as the building products stock Aspen Aerogels $ASPN.

In the former, there was an $81 million purchase by Trian Fund, and the latter was filed by Koch Industries for $50 million.

Nelson Peltz and Trian appear to be making some big bets on the asset management industry.

Following a slew of recent purchases, two of their three largest holdings are in stocks in that space, the other being Janus Henderson $JHG.

Stay tuned. We'll be back Friday with more insider action.

If you want these insider transactions e-mailed to you every morning, click here to sign up for The Hot Corner.

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

All Star Charts Team