Options Flow Is Bearish for Campbell Soup
The hedge fund revealed an ownership stake of 5.60% in the mid-cap chemical company Ingevity Corp $NGVT.
Here’s The Hot List, with data through July 27, 2022:
Texas Pacific Land Corp $TPL, which we wrote about last week, is back on our list with a handful of new Form 4 filings from Horizon Kinetics Asset Management. Horizon is the largest shareholder of TPL.
In another Form 4, Edward Shapiro, independent director of United Airlines $UAL, reported an additional purchase of 50,000 shares of his own stock.
He’s not the only insider active in the airline industry these days.
This morning, JetBlue $JBLU announced that it’s reached a deal to acquire Spirit Airlines $SAVE for $3.8 billion.
Last but not least, there was bullish options flow in Pinterest $PIN, Twitter $TWTR, and The Trade Desk $TTD.
On the other hand, there was bearish flow in the processed food and snack company Campbell Soup $CPB.
Stay tuned. We'll be back Friday with more insider action.
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All Star Charts Team