Artal Group Buys 28 Million LXRX Shares

JC Parets
June 6, 2023

The largest insider buy on today's list comes in a Form 4 filing by Artal Group SA.

The firm reported a purchase of 27,775,050 shares, equivalent to $72.2 million in Lexicon Pharmaceuticals, Inc. $LXRX.

Citadel Advisors LLC filed a 13G for Icosavax $ICVX revealing an initial stake of 5.30%.

Here’s The Hot List, with data through June 5, 2023:

In another Form 4, the senior vice president and CFO of M&T Bank Corporation $MTB revealed a purchase of roughly $1.2 million.

There was also insider activity in DISH Network Corporation $DISH and Globalstar $GSAT.

In the options market, there was bullish flow in Spotify Technology $SPOT, Doximity $DOCS, IVERIC bio $ISEE, 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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