Elon Musk Now Owns Twitter

JC Parets
October 28, 2022

The Twitter-and-Elon Musk saga has finally come to an end, as the eccentric billionaire has completed a $44 billion acquisition of the struggling social media company.

The stock will be delisted from the New York Stock Exchange today.

The largest insider transaction on today’s list is a Form 4 filing by the Artal Group S.A.

The firm reported a purchase worth roughly $1 million in Scholar Rock Holding Corporation $SRRK, increasing its total stake to almost 25%.

Senvest Management LLC filed a 13G revealing an increase in ownership from 3.17% to 5.08% in Axcelis Technologies $ACLS.

Here’s The Hot List, with data through October 27, 2022:

In another Form 4, the executive vice-president and CFO of Tenet Healthcare Corporation $THC reported a purchase of $473,770.

In the options market, there was bullish flow in:

  • AT&T Inc $T
  • Meta Platforms $META
  • Antero Resources $AR
  • Peabody Energy $BTU
  • Valvoline Inc $VVV
  • Avaya Holdings Corp $AVYA

Have a great weekend. We'll be back Monday with more insider action.

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All Star Charts Team

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