Uber CEO Rides His Own Stock

JC Parets
May 10, 2022

The most significant insider transaction on today’s Hot List is a Form 4 filing by the CEO of Uber Technologies $UBER, Dara Khosrowshahi.

The Silicon Valley executive revealed a purchase of roughly $5.3 million of his own stock.

The chairman of The Mosaic Company $MOS reported a buy of $2,469,473 worth of shares.

The only 13D on our list today was filed by Abdiel Qualified Master Fund, revealing a 16.2% ownership stake in the mid-cap cloud computing and software company Appian Corporation $APPN.

Here’s The Hot List, with data through May 9, 2022:

Wellington Management Group LLP filed a 13G revealing a 10% ownership stake in Ares Management Corporation $ARES.

In the options market, there was bullish flow in the domestic retailer Bed Bath & Beyond $BBBY and the multinational food company Kraft Heinz $KHC.

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

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All Star Charts Team

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