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Point72 Takes a 5% Stake in SNDX

From the Desk of Steve Strazza and Alfonso Depablos

Today’s largest insider transaction is another Form 4 filing by David S. Taylor, director of Delta Air Lines $DAL.

Taylor reported a purchase of 10,000 shares, equivalent to $307,500.

Point72 Asset Management LP filed a 13G for Syndax Pharmaceuticals $SNDX revealing an initial stake of 5.10%.

Here’s The Hot Corner, with data through October 31, 2023:

In another Form 4, director Linda K. Zukauckas revealed a purchase of $102,507 in TransUnion $TRU.

In the options market, there was bullish flow in Anavex Life Sciences Corp $AVXL, Ferroglobe PLC $GSM, and IHS Holding Limited $IHS.

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

And please reach out with any questions. We love hearing from you!

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