Paradigm Biocapital Ups Its OLMA Stake to 14.3%

JC Parets
September 14, 2023

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in a Form 4 filing by Ares Management LLC.

The hedge fund reported a purchase of roughly $2.1 million in Frontier Communications Parent $FYBR.

Paradigm Biocapital Advisors filed a 13G for Olema Pharmaceuticals $OLMA revealing an increase in ownership from 6.08% to 14.30%.

Here’s The Hot List, with data through September 13, 2023:

The CEO and the co-President of Virtu Financial Inc $VIRT both filed Form 4s revealing purchases for a combined amount of $1,110,631.

Over in Washington, Rep. Rohit Khanna of California revealed purchases of between $15,000 and $50,000 in AbbVie Inc $ABBV, Wells Fargo & Company $WFC, Caterpillar Inc $CAT, Apple Inc $AAPL, and Thermo Fisher Scientific Inc $TMO.

In the options market, there was bullish flow in Arch Resources Inc $ARCH, Planet Fitness $PLNT, AMC Entertainment Holdings Inc $AMC, The Goodyear Tire & Rubber Company $GT, Burlington Stores $BURL, Sea Limited $SE, and Williams-Sonoma $WSM.

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

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All Star Charts Team

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