Icahn Disciple Reveals a 6.7% Stake in IOVA

JC Parets
January 3, 2023

The most notable insider activity on today's list came in separate Form 4 filings by the CEO and one of the directors of B. Riley Financial $RILY.

Over $900,000 worth of stock purchases were reported by the two insiders.

The only 13D on our list was filed by Hill Path Capital, which revealed an increase in ownership from 13.40% to 14.70% in Dave & Buster's Entertainment $PLAY.

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

Durable Capital Partners reported a small purchase of $335,600 in Duolingo $DUOL.

There was a 13G filed by MHR Fund Management, which revealed an initial stake of 6.70% in Iovance Biotherapeutics $IOVA.

MHR was founded by Mark Rachesky, who was senior investment officer and chief investment advisor at Icahn Enterprises from 1990 to 1996.

In the options market, there was bullish flow in Tapestry $TPR and Splunk $SPLK.

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

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All Star Charts Team

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