Every weekend, I dive into our insider activity tracker looking for the most interesting and bullish buys — and this week, it’s all about institutional money, cluster buys, and CEOs putting skin in the game.
Here’s the most notable activity:
The most notable move this week came from PureCycle Technologies $PCT, where hedge fund Sylebra Capital filed a 13D revealing they boosted their stake from 11.88% to 19.46%.
That’s a major jump — signaling real conviction from one of the company’s largest shareholders.
We also saw a fresh 13G from GIC Private Ltd in MakeMyTrip $MMYT, disclosing a 7.84% stake.
Anytime a major sovereign wealth fund gets involved, it’s worth paying attention. GIC has made a big push into emerging Asia in recent years with investments in companies like Grab Holdings, Sea Ltd, and GoTo Group. Indian travel platform MMYT is now the latest in this category.
Over at Sonos $SONO, Coliseum Capital filed a Form 4 showing a $4.2 million buy.
Coliseum has a long track record of activist involvement, so this could get interesting over time.
Then there’s Prospect Capital $PSEC, where the CEO stepped in with a $2 million open-market buy.
Finally, CTO Realty Growth $CTO saw an impressive cluster buy.
The President & CEO, General Counsel, and CFO all filed Form 4s together, scooping up over $5.2 million in stock.
It’s not often you see the full leadership team step in like this — but when it happens, it speaks volumes.
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