Fintech CEOs Report Inside Purchases

JC Parets
June 17, 2022

William Griffith, director of Procore Technologies $PCOR, reported an additional purchase of roughly $7 million, as he continues to build his position in the stock.

Under Iconiq Strategic Partners II, he now owns about 44 million shares for a total ownership interest of 33%.

Stone Point Capital revealed a purchase of roughly $12 million in HireRight Holdings $HRT, increasing its ownership stake to 20%.

Avidity Partners Management filed a 13G revealing an ownership stake of 7.3% in the mid-cap biotechnology company Arvinas $ARVN.

Here’s The Hot List, with data through June 16, 2022:

Howard W. Lutnick, chairman of Newmark Group, reported a purchase of 329,000 shares, equivalent to $2,995,709 worth of stock.

There was some action in the fintech space, as the CEOs of both Nerdy $NRDY and SoFi Technologies $SOFI reported small purchases in their own stock.

There was bullish flow in the integrated oil and gas outfit BP Plc $BP and the social media app Snap Inc $SNAP.

Have a great weekend. We'll be back Monday with more insider action.

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All Star Charts Team

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