Icahn Takes a Big Stake in CCK

JC Parets
November 4, 2022

The most significant insider transaction on today's list comes in a 13D from Carl Icahn.

Icahn reported a new position in the mid-cap packaging and container stock, Crown Holdings $CCK.

This is now one of Icahn Enterprises largest investments, as the firm owns 8.5% of outstanding shares for a market value of roughly $750 million.

Eric Zinterhofer, independent director at Charter Communications $CHTR, disclosed a purchase of 27,200 shares of his company’s stock in a Form 4.

Here’s The Hot List, with data through November 3, 2022:

Pentwater Capital Management LP filed a 13D revealing an increase from 14.48% to 15.09% in its ownership interest in Turquoise Hill Resources $TRQ.

Abdiel Capital Management LLC reported a $7.8 million purchase in the cloud computing and enterprise software stock Appian Corporation $APPN.

Over in Washington, there was some activity from Rep. Michael C. Burgess of Texas, who reported a purchase of 400 shares of Morgan Stanley $MS.

In the options market, there was bullish flow in:

  • Peabody Energy Corp $BTU
  • Taiwan Semiconductor Manufacturing Company $TSM
  • Tilray Brands Inc $TLRY

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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