Bank Activity Slows Some, Cormorant Reveals a Big AMAM Buy

JC Parets
March 17, 2023

The largest insider buy on today’s list comes in a Form 4 filing by Cormorant Asset Management.

Cormorant revealed a purchase of roughly $10 million in Ambrx Biopharma $AMAM.

The only 13G on our list was filed by Millennium Management LLC, which revealed an initial stake of 4.90% in Golar LNG Limited $GLNG.

Here’s The Hot List, with data through March 16, 2023:

The chief legal officer and the chief R&D officer of Keurig Dr Pepper $KDP filed Form 4s reporting purchases of their own stock for a combined amount of $880,956.

SoFi Technologies $SOFI CEO Anthony Noto filed his latest Form 4 revealing another $240,000 worth of stock. 

In another Form 4, the co-CEO of Guardant Health $GH disclosed the acquisition of 93,052 shares.

There was also insider activity in First Internet Bancorp $INBK, First Busey Corporation $BUSE, and Community Bank System $CBU.

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

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All Star Charts Team

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