Stellantis Ups Its ACHR Stake to 16.2%

JC Parets
October 19, 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 Stellantis N.V., which reported a purchase of $70 million in Archer Aviation Inc $ACHR.

The multinational automaker now holds a 16.20% stake in ACHR.

Point72 Asset Management LP filed a 13G for Biohaven Pharmaceutical Holding Company Ltd $BHVN revealing an initial stake of 5.10%.

Here’s The Hot Corner, with data through October 18, 2023:

Scholar Rock Holding Corporation $SRRK and John Wiley & Sons Inc $WLY also saw insider activity.

In the options market, there was bullish flow in Boston Scientific Corporation $BSX, Comstock Resources, Inc $CRK, CarMax, Inc $KMX, and Shopify Inc $SHOP.

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

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All Star Charts Team

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