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.

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All Star Charts Team

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