ARK Lifts ROKU Stake Above 10%

Cathie Wood’s ARK Investment Management filed a 13G revealing a significant increase in ownership in Roku $ROKU from 5.13% to 10.20%.

Here’s The Hot List, with data through December 12, 2022:

In another Form 4, Director David Byron Smith Jr disclosed a purchase of $308,315 in Illinois Tool Works $ITW.

There were also insider buys in Workhorse Group $WKHS and The Cheesecake Factory $CAKE.

Over in Washington, there was some activity from Rep. Virginia Foxx of North Carolina, who disclosed purchases in Marathon Oil Corporation $MRO.

Rep. Jim Langevin revealed purchases Airbnb $ABNB and Block $SQ.

Last but not least, there was bullish options flow in EQT Corporation $EQT, Manchester United $MANU, and Redfin Corporation $RDFN.

Stay tuned. We'll be back on Wednesday with more insider activity.

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All Star Charts Team