ValueAct's Ubben Reports a $20 Million XOM Purchase

JC Parets
August 4, 2023

The largest insider transaction on today’s list comes in a Form 4 filing by Jeffrey W. Ubben, the co-founder and chairman of ValueAct Capital.

Ubben revealed a purchase of $20 million worth of Exxon Mobil Corporation $XOM stock.

The CEO, the executive chairman of the board, and one director of Agree Realty Corporation $ADC, all filed Form 4s revealing purchases for a combined amount of $3,258,225.

Here’s The Hot List, with data through August 3, 2023:

In another Form 4, the president and chief operating officer of Goosehead Insurance $GSHD reported a purchase of 2,000 shares.

In the options market, there was bullish flow in SunOpta Inc $STKL, Ballard Power Systems Inc $BLDP, BlackBerry Limited $BB, Elanco Animal Health Incorporated $ELAN, Sabre Corporation $SABR, and Rite Aid Corporation $RAD.

Have a great weekend. We'll be back on Monday with more insider activity.

If you want these insider transactions e-mailed to you every morning, click here to sign up for The Hot Corner.

And please reach out with any questions. We love hearing from you!

All Star Charts Team

Filed Under: