Viking Global Raises Its INBX Stake to 16.4%

JC Parets
August 31, 2023

The largest insider transaction on today’s list comes in a Form 4 filed by Viking Global Investors.

The hedge fund reported a purchase of roughly $9.8 million in Inhibrx Inc $INBX, increasing its ownership stake to 16.40%.

The senior vice president and the CFO of Valvoline Inc. $VVV filed Form 4s disclosing the acquisition of VVV shares for a combined amount of $501,041.

Here’s The Hot List, with data through August 30, 2023:

Cevian Capital II GP Limited filed a 13D for Autoliv $ALV reporting an increase of ownership from 10.18% to 11.01%.

The CEO and the senior vice president of Spectrum Brands Holdings $SPB reported a purchase for a total amount of $484,402.

In the options market, there was bullish flow in Desktop Metal $DM, The Home Depot $HD, Newell Brands Inc $NWL, Stratasys Ltd $SSYS, Pinterest $PINS, and Telephone and Data Systems $TDS.

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

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All Star Charts Team

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