Baker Bros Boosts ACAD Stake to 26.6%

May 25, 2023

The largest insider buy on today's list comes in a Form 4 filing by Baker Bros Advisors LLC.

The hedge fund revealed a purchase of ACADIA Pharmaceuticals Inc $ACAD worth $22 million, increasing its ownership stake to 26.6%.

Greenhaven Associates Inc filed a 13G for Toll Brothers Inc $TOL revealing an initial stake of 5.05%.

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

Carl Icahn revealed the acquisition of 89,617 shares of Southwest Gas Holdings $SWX in its latest Form 4.

In the options market, there was bullish flow in Corning Incorporated $GLW and HUYA Inc $HUYA.

The only stock that saw bearish flow was Peloton Interactive $PTON.

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

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All Star Charts Team

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