JANA Partners Reports an $8.7 Million MRCY Buy

JC Parets
November 21, 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 JANA Partners Management LP.

The investment firm reported a purchase of $8,685,692 in Mercury Systems $MRCY.

The CEOs of Avient Corporation $AVNT and Enphase Energy $ENPH filed Form 4s revealing a purchase of their own stocks.

Here’s The Hot Corner, with data through November 20, 2023:

Point72 Asset Management filed a 13G for Celldex Therapeutics $CLDX revealing an initial stake of 6.60%.

Over in Washington, Rep. Jonathan Jackson of Illinois reported purchases of Lululemon Athletica Inc $LULU and Marriott International $MAR worth between $15,000 and $50,000.

Alabama Sen. Thomas Tuberville filed a Periodic Transaction Report declaring the purchase of two stocks.

Tuberville reported acquisitions worth between $15,000 and $50,000 in 3M Company $MMM and $30,000 and $100,000 in Cleveland-Cliffs Inc $CLF.

In the options market, there was bullish flow in CleanSpark $CLSK, Robinhood Markets $HOOD, and Best Buy Co $BBY.

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

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All Star Charts Team

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