Ares Ups CCO Stake to 9.34%

JC Parets
October 3, 2022

The largest insider transaction on today's list is a Form 4 filing by Ares Management LLC.

The hedge fund reported an additional purchase worth roughly $1.1 million in Clear Channel Outdoor Holdings $CCO, increasing its total stake to 9.34%.

Impactive Capital filed a 13D for Asbury Automotive Group $ABG, revealing an increase in ownership from 8.6% to 9.95%.

Here’s The Hot List, with data through September 30, 2022:

Senior Vice-President Earl Childress and Director Steven Webster both filed Form 4s reporting small purchases in the oil and gas stock Oceaneering International $OII.

The only 13G on our list today was filed by Deerfield Management LP, which revealed an initial 5.5% ownership stake in Merus N.V. $MRUS.

The only stock that saw notable options flow Friday was the cannabis company Tilray Brands $TLRY.

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

If you want these insider transactions e-mailed to you every morning, click here to sign up for The Hot Corner.

And please reach out with any questions. We love hearing from you!

All Star Charts Team

Filed Under