Director Lynch Reports a $1.7 Million GSAT Purchase

JC Parets
March 12, 2024

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes via Form 4 filings by James F. Lynch, director of Globalstar Inc $GSAT.

Lynch reported a purchase of GSAT shares with a total value of roughly $1.7 million.

Cathie Wood's ARK Investment Management filed a 13G for Archer Aviation Inc $ACHR, disclosing that its ownership holding has increased from 9.15% to 10.60%.

Here’s The Hot Corner, with data through March 11, 2024:

The CEOs of Lions Gate Entertainment Corp $LGF.B and Biglari Holdings Inc $BH both filed Form 4s revealing a purchase of their own stocks.

Over in Washington, Rep. Ro Khanna of California revealed purchases worth between $15,000 and $50,000 in the following stocks:

  • Cisco Systems Inc $CSCO;
  • The Home Depot Inc $HD;
  • PepsiCo Inc $PEP;
  • Walmart Inc $WMT;
  • Tesla Inc $TSLA;
  • Johnson & Johnson $JNJ; and
  • Alphabet Inc $GOOGL.

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

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All Star Charts Team

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