Elon Will Be "Active" in Twitter

As more information has come out, it’s safe to say he never should have filed a 13G at all, as his plan was never to be passive.

The latest filing reports an ownership interest of 9.1% (corrected from the original 9.2%).

It’ll be interesting to see if and when he grows this stake to the 14.9% he’s permitted under his board of directors agreement.

The largest insider buy on today’s list was made by Turtle Creek Asset Management, which continues to build its position in JELD-WEN Holding Inc $JELD.

This is the sixth Form 4 Turtle Creek has filed for JELD in the last month. The firm now owns over 12 million shares, which represents an ownership stake of about 9.3%.

Baker Bros. Advisors reported an 11.60% ownership stake in IGM Biosciences $IGM in a 13D Filing last night.

On March 29, IGM gained more than 100% after announcing an exclusive collaboration with the France-based multinational healthcare company Sanofi SA $SNY to create, develop, and commercialize antibody agonists against three oncology targets.

Here’s The Hot List, with data through April 5, 2022:

In its latest Form 4 Filing, Winder Investment Ltd revealed another $2.8 million purchase in Sensient Technologies Corp $SXT.

That brings its total holdings to about 5.2 million shares.

Last but not least, Cameco Corporation $CCJ continues to find its way onto our list with bullish options activity.

This is the third significant options splash in CCJ since late last week. We put an options trade on the name last week. Click here to read about it.

There was also bullish flow in the largest coal producer in the US, Peabody Energy $BTU, as well as the start-up brokerage Robinhood Markets $HOOD.

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

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All Star Charts Team