Conestoga Capital Takes a 10.5% Stake in DGII

JC Parets
November 6, 2023

From the Desk of Steve Strazza and Alfonso Depablos

Today’s largest insider transaction is another Form 4 filing by the CEO and the CFO of Lumen Technologies $LUMN.

Together the two executives bought LUMN shares worth a total of $1,519,450.

Conestoga Capital Advisors LLC filed a 13G for Digi International Inc $DGII revealing an initial stake of 10.50%.

Here’s The Hot Corner, with data through November 3, 2023:

In another Form 4, Michael Dury, the CEO of Merchants Capital, revealed the acquisition of 14,000 shares, equivalent to $255,640 in Merchants Bancorp $MBIN.

In the options market, there was bullish flow in The Beauty Health Company $SKIN, Marqeta Inc $MQ, Melco Resorts & Entertainment Limited $MLCO, and Celestica Inc $CLS.

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

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All Star Charts Team

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