Cormorant CEO Chen Reveals a Large MLTX Buy

JC Parets
March 23, 2023

The largest insider buy on today’s list comes in a Form 4 filing by Bihua Chen, the CEO of Cormorant Asset Management.

Chen revealed a purchase of $16.7 million in MoonLake Immunotherapeutics $MLTX.

Western Standard LLC revealed a purchase of $1,849,996 in Merrimack Pharmaceuticals $MACk.

Here’s The Hot List, with data through March 22, 2023:

In another Form 4, director Thurman J. Rodgers disclosed the acquisition of 102,599 shares of Enovix Corporation $ENVX.

There was also insider activity in OneWater Marine $ONEW, SecureWorks Corp, $SCWX and Pebblebrook Hotel Trust $PEB.

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

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All Star Charts Team

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