Musk Buys a Big Twitter Stake

Another thing that really stands out about this is that despite Musk’s public criticism of the company, he disclosed his ownership as a passive investor.

The market seems to like it just as much though, as TWTR is up over 20% on this news in the pre-market.

Winder Investment Pte Ltd continues to build its position in Seagate Technology $STX, as it just filed its third Form 4 in the last three days.

Winder now owns over 5.1 million shares.

In another Form 4 filing, Andrei Karkar revealed a $5 million purchase of The Metals Company $TMC. 

That brings his total holdings to about 47 million shares, which represents an ownership stake of over 21%.

Andrei Karkar is CEO of ERAS Holdings LLC, the Karkar Family Office. The Karkar Family Office is the successor to Karkar Electronics, which was founded in 1959 by Edward Karkar, a legend in Silicon Valley.

Here’s The Hot List, with data through April 1, 2022:

The only 13D on our list was filed by Oaktree Capital Management LP, which revealed an ownership stake of 11.30% in Oaktree Specialty Lending Corporation $OCSL.

In another Form 4, the CEO of Humana, Bruce D. Broussard, purchased $249,722 of HP Inc $HPQ company stock. Broussard is a member of the board of directors.

Last but not least, there was bullish options flow in the world's largest uranium company, Cameco Corporation $CCJ, and in the American beverage company, Monster Beverage Corp $MNST.

There was also bearish options activity in the multinational conglomerate, General Electric $GE.

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

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All Star Charts Team