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Baker Bros Reports a $23 Million MDGL Buy

November 16, 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 Baker Bros Advisors LLC.

The hedge fund revealed a purchase of Madrigal Pharmaceuticals, Inc $MDGL worth $23 million.

Sylebra Capital Ltd revealed the acquisition of 33,682 shares of Impinj Inc $PI in its latest Form 4.

Here’s The Hot Corner, with data through November 15, 2023:

The chairman and CEO of Charles River Laboratories International $CRL revealed a purchase of $1 million.

In the options market, there was bullish flow in Century Aluminum Company $CENX, Phreesia $PHR, Pegasystems Inc $PEGA, and Sanofi $SNY.

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

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All Star Charts Team