Of Course Buffett Is Buying

JC Parets
July 20, 2022

There’s been a noticeable lack of Hot List activity, as insiders seem to be sitting out the latest rally.

Today is no different, as we have a single Form 4 and one 13G.

And, of course, our Form 4 is from none other than Warren Buffett, who disclosed an additional 242,241 shares, equivalent to $14 million, in Occidental Petroleum $OXY.

Here’s The Hot List, with data through July 19, 2022:

Perceptive Advisors LLC filed a 13G revealing a passive ownership stake of 5% in the small-cap biotechnology company Inhibrx $INBX.

In the options market, there was bullish flow in American Express $AXP, World Wrestling Entertainment $WWE, and Raytheon Technologies $RTX.

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

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All Star Charts Team

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