Cormorant Loves AMAM

JC Parets
April 18, 2023

The largest insider buy on today’s list comes in a Form 4 filing by Cormorant Asset Management.

Cormorant revealed a purchase of roughly $25 million in Ambrx Biopharma $AMAM.

Shah Capital Management Inc filed a 13G for VEON Ltd $VEON, disclosing an original stake of 5.01%.

Here’s The Hot List, with data through April 17, 2023:

In another Form 4, Bryant R Riley, the chairman and co-CEO of B. Riley Financial Inc $RILY, reported a purchase of approximately 84,000 shares in Alta Equipment Group $ALTG.

There was also insider activity in The Lovesac Company $LOVE and Domo Inc $DOMO.

In the options market, there was bullish flow in Cenovus Energy Inc $CVE and Shopify Inc $SHOP.

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

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All Star Charts Team

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