Icahn Buys More SWX

JC Parets
October 27, 2022

We got a new Form 13D from our favorite corporate raider yesterday, as Carl Icahn revealed  an increased ownership stake in Southwest Gas $SWX.

Icahn now owns 9.8% of outstanding shares, a very slight uptick from the 9.7% he reported on September 7.

Yesterday, the First Financial Bankshares $FFIN CEO and two directors filed separate Form 4s reporting purchases worth a combined $408,340.

Here’s The Hot List, with data through October 26, 2022:

In another Form 4, Balmon California Inc. reported a purchase worth roughly $273,016 in Riley Exploration Permian $REPX.

Balmon does not appear to be an investment advisor and has never filed a 13F.

In the options market, there was bullish flow in Cano Health $CANO, The Gap Inc $GPS, and YETI Holdings $YETI.

The only stock that saw bearish flow was International Flavors & Fragrances Inc $IFF.

Stay tuned. We'll be back Friday 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