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Baker Bros Reports a $24 Million MDGL Buy

November 22, 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 roughly $24 million in Madrigal Pharmaceuticals, Inc $MDGL.

The CEOs of Iridium Communications Inc $IRDM, Life Time Group Holdings Inc $LTH, agilon health $AGL, and SoFi Technologies $SOFI all filed Form 4s revealing purchases of their own stock.

Here’s The Hot Corner, with data through November 21, 2023:

In another Form 4, director Samuels Theodore R. II disclosed a purchase of $423,385 in Bristol-Myers Squibb Company $BMY.

There was no unusual options activity from yesterday's session.

Have a Happy Thanksgiving. We'll be back on Friday with more insider activity.

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All Star Charts Team