Hestia Capital Raises Its PBI Stake to 9%

JC Parets
May 11, 2023

The largest insider transaction on today’s Hot List is a Form 4 filing by Pulse Biosciences $PLSE director Robert W. Duggan.

Duggan reported a purchase worth roughly $65 million in PLSE.

Coliseum Capital Management revealed a purchase of $9,182,510 in ModivCare Inc $MODV in its latest Form 4.

Here’s The Hot List, with data through May 10, 2023:

Hestia Capital Partners filed a 13D for Pitney Bowes $PBI, disclosing an increase in its ownership stake from 8.34% to 9.00%.

In the options market, there was bullish flow in CleanSpark $CLSK.

And there was bearish flow in PacWest Bancorp $PACW for a second day in a row.

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

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All Star Charts Team

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