Baker Bros Reports a $24 Million MDGL Buy

JC Parets
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.

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: