Hot Corner Insider Articles

The most significant insider purchase today is from Control Empresarial de Capitales S.A., which disclosed a $30.8 million acquisition of PBF Energy Inc $PBF shares through a Form 4 filing.

Additionally, the Mexico-based investment firm reported buying 8,264,462 shares of ProKidney Corp $PROK, valued at approximately $20 million.

From the Desk of Steve Strazza and Alfonso Depablos

The most significant insider buy on today's list comes via a Form 4 filing by Charles Bartlett Johnson, former CEO of Franklin Resources Inc $BEN.

Johnson bought 200,000 additional BEN shares, equivalent to $4.5 million.

Point72 Asset Management filed a 13G for UroGen Pharma Ltd $URGN revealing an initial stake of 6.20%.

From the Desk of Steve Strazza and Alfonso Depablos

Control Empresarial de Capitales S.A. has two significant insider buys on today’s list, as it continues to build positions in a pair of energy companies.

In a Form 4 filing, the Mexican company revealed another purchase in PBF Energy Inc $PBF, this time for approximately $24.6 million.

This is the sixth Form 4 filing they’ve made for PBF this month.

Control Empresarial also bought 300,000 shares of Talos Energy Inc $TALO, equivalent to $3,240,000.

From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts

Welcome to the Hot Corner Insider Weekly Report!

As you know, we spend a lot of time tracking insider activity to come up with this universe.

But that’s only half the battle!

Once we identify the names insiders are targeting, we overlay our expert technical analysis to see if the market agrees with their actions.

While we track some of the most powerful and well-informed market participants… we aren’t just going to follow them blindly into their trades.

We want to see that the insider activity is confirmed by the trend before we get involved. 

When we can check both of these boxes, we identify asymmetric risk/reward setups, and then jump in and ride these trends higher alongside the smart money.

You...

From the Desk of Steve Strazza and Alfonso Depablos

The most significant insider buy on today's list comes via a Form 4 filing by Charles Bartlett Johnson, former CEO of Franklin Resources Inc $BEN.

Johnson reported a purchase of 100,000 BEN shares, equivalent to $2.2 million.

Here is a list of trade ideas organized by date, ticker symbol and directional bias. Please make sure you have clicked on the link and read the details surrounding the trade before acting upon any of them. Also, make sure you have checked with your financial advisor and tax accountants to make sure you are suitable to be executing what is discussed on this website. The risk management procedures and targets are detailed for each idea. Please read and review the terms and conditions page before making any trades of your own.

From the Desk of Steve Strazza and Alfonso Depablos

The most significant insider buy on today's list comes via a Form 4 filing by Control Empresarial de Capitales S.A.

The investment firm revealed an additional purchase of $28 million in PBF Energy Inc $PBF.

From the Desk of Steve Strazza and Alfonso Depablos

The most significant insider buy on today’s list comes via a Form 4 filing by Warren Buffett.

Buffett and Berkshire Hathaway continue to buy shares of Occidental Petroleum Corporation $OXY.

This is their third filing of the month, this time for $176 million.

From the Desk of Steve Strazza and Alfonso Depablos

The most significant insider buy on today’s list comes via a Form 4 filing by ProKidney Corp $PROK director Pablo G. Legorreta.

Legorreta acquired 22,617,909 PROK shares, equivalent to $54 million.

From the Desk of Steve Strazza and Alfonso Depablos

The most significant insider buy on today’s list comes via a Form 4 filing by the founder and CEO of Nerdy Inc $NRDY, Chuck Cohn.

Cohn reported a purchase of 569,976 NRDY shares, equivalent to $957,559.

No one has better information about SoFi Technologies $SOFI than its CEO, Anthony Noto.

As chief executive officer, Noto is more than just the leader of SOFI. With almost 7 million shares, he’s also one of their largest individual shareholders.

His stake is worth roughly $48 million based on today’s price.

Between March 2022 and May 2024, Noto filed 22 Form 4s with the SEC, reporting purchases of SOFI shares totaling $10,452,876.

All of these purchases were made on the open market. None were planned or related to stock compensation.

In other words, Noto was buying stock because he thought the share price would rise. It’s really that simple.

Before joining SoFi, he held prominent roles as chief financial officer and chief operating officer at Twitter.

He was also a partner at Goldman Sachs and was the CFO of the National Football League.