Every weekend, I dig into our insider activity tracker looking for the biggest conviction buys — and this week did not disappoint.
Here’s the most notable activity:
First up, Freedom Holding Corp $FRHC, where Chairman of the Board Sergey Lukyanov bought 5,725 shares, worth just under $1 million.
Always worth noting when the chair is stepping up with their own money.
An insider also reported a purchase of roughly $1 million worth of stock in industrial company, Huntington Ingalls $HII. I really like the chart and growth story for this one. I’m long.
Next, Resideo Technologies $REZI. CD&R Investment Associates just dropped another $13.7 million into the stock.
This hedge fund has been buying week after week, steadily increasing their stake to 8.92%.
Over in software, Bill Holdings $BILL saw Starboard Value LP disclose an 8.50% activist stake. Clearly, these guys are confident they can help turn things around for the payments software provider. There’s likely to be a board fight here in the future.
Meanwhile, Hyatt Hotels $H got a bump from Principal Global Investors, who boosted their passive stake from 8.67% to 10.40%.
Regional banks also showed up on our list. First Busey Corp $BUSE saw a filing from its President, who reported a $550,000 purchase.
And finally — the political filings. Congressman Cleo Fields reported large purchases in NVIDIA $NVDA and Taiwan Semiconductor $TSM, totaling more than $2.5 million combined.
The size here is unusual compared to most political trades we see, and the focus is squarely on big tech and semiconductors.
If you're not a member of Hot Corner Insider and want access to exclusive trade ideas, weekly conference calls, and deep dive reports, join us risk-free.
