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.

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: