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Buffett Boosts OXY Stake to 19.2%

July 14, 2022

Warren Buffett continues to increase his position in the oil and gas exploration and chemical manufacturing company Occidental Petroleum $OXY.

Yesterday, Berkshire Hathaway $BRK.A filed another Form 4, revealing roughly $250 million of new purchases.

The CEO of Dave & Buster's Entertainment $PLAY filed a Form 4 reporting a purchase of about $1 million worth of his own stock.

Here’s The Hot List, with data through July 13, 2022:

Another restaurant industry executive, Danny Meyer, reported a purchase of 21,000 shares of Shake Shack $SHAK, worth $831,235.

Meyer founded the New York based burger chain almost 20 years ago.

In another Form 4, the CFO of Concentrix Corporation $CNXC disclosed a $317,475 purchase in the customer solutions stock.

In the options market, there was bullish flow in commodity stocks Cleveland-Cliffs $CLF and Tellurian $TELL and in the toymaker Mattel $MAT.

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

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All Star Charts Team

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