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.

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