Co-Founder DeFranco Reports a Big DISH Buy

JC Parets
May 16, 2023

The largest insider buy on today's list comes in a Form 4 filed by the co-founder and executive vice-president of DISH Network Corporation $DISH, James DeFranco.

DeFranco revealed a purchase of $18.5 million worth of DISH shares.

The only 13D on our list today was filed by Sarissa Capital Management, which revealed an increase in ownership from 9.79% to 10.54% in Innoviva $INVA.

Here’s The Hot List, with data through May 15, 2023:

In another Form 4, the chief strategy officer of Ameris Bancorp $ABCB revealed a purchase of 10,000 shares, equivalent to $296,519.

The CEOs of Cannae Holdings $CNNE and SoFi Technologies $SOFI both filed Form 4s reporting purchases of their own stock.

In the options market there was bullish flow in Dropbox $DBX and NextDecade Corporation $NEXT.

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

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All Star Charts Team

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