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Gabelli's GAMCO Raises Its SBGI Stake to 9.34%

March 27, 2023

Mario Gabelli's GAMCO Investors is back on our list.

GAMCO filed a 13D revealing an increase in ownership in Sinclair Broadcast Group $SBGI from 8.32% to 9.34%.

The CEO and one director of Vitesse Energy $VTS filed Form 4s reporting purchases of their own stock for a combined amount of roughly $2.7 million.

Here’s The Hot List, with data through March 24, 2023:

In another Form 4, the co-president of Stifel Financial Corp $SF disclosed the acquisition of 20,000 shares.

Last but not least, there was bullish flow in Alibaba $BABA, IVERIC bio $ISEE, and Gossamer Bio $GOSS.

On the other hand, Pitney Bowes $PBI was the only stock that saw bearish flow.

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

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All Star Charts Team

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