CEO Buys Into This TWLO Rally

JC Parets
February 28, 2023

The largest insider buy on today’s list comes in a Form 4 filing by Kelcy Warren, co-founder and executive chairman of Energy Transfer $ET.

Warren reported an additional purchase, this one worth $21.6 million.

Adage Capital Management filed a 13G for IDEAYA Biosciences $IDYA, revealing an increase in their existing stake to 5.41%.

Here’s The Hot List, with data through February 27, 2023:

In another Form 4, the CEO of Twilio $TWLO disclosed a purchase of roughly $10 million. The struggling software company is up roughly 50% since late December.

The CEOs of Black Stone Minerals $BSM, B. Riley Financial $RILY, and Paramount Group $PGRE all filed Form 4s reporting purchases of their own stock.

In the options market, there was bullish flow in Snap Inc $SNAP, Pinterest Inc $PINS, Cleveland-Cliffs Inc $CLF, Ford Motor Company $F, and Krispy Kreme $DNUT.

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

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All Star Charts Team

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