Madison Avenue’s Samaha Reports a $13 Million TBPH Buy

May 4, 2024

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes via two Form 4 filings by Eli Samaha, founder and managing partner of Madison Avenue Partners LP.

Samaha and Madison Avenue reported a purchase of $13 million in Theravance Biopharma $TBPH.

Here’s The Hot Corner, with data through May 3, 2024:

Bay Pond Partners LP filed a 13G for Customers Bancorp $CUBI revealing an increase in ownership from 3.67% to 5.62%.

The CEOs of Heartland Express $HTLD and Lumen Technologies $LMND also revealed purchases of their company stock.

Stay tuned. We’ll be back on Tuesday with more insider activity.

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