Insiders Are Cautious Around the Fed

JC Parets
September 22, 2022

Today’s Hot List is a short one.

Sometimes the best course of action ahead of a Federal Open Market Committee meeting is to sit on the sidelines until the dust settles.

This is exactly what insiders have done this week, as there’s been little activity in recent days, and almost none yesterday.

The only Form 4 filing on today's list was by Accel Leaders Fund, which reported an additional purchase of $11.5 million in Freshworks $FRSH.

Here’s The Hot List, with data through September 21, 2022:

There was also a 13G filed by Millenium Management who reported a 2.80% passive stake in the biotech company, Amylyx Pharmaceuticals $AMLX.

In the options market, there was bullish flow in fuboTV $FUBO, Archer-Daniels-Midland $ADM, and Beyond Meat $BYND.

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

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All Star Charts Team

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