Director Angelakis Buys 3.5 Million CLVT Shares

Director Michael J. Angelakis, CEO of the investment company Atairos Group, and former CFO of Comcast, has acquired 3,465,000 shares of Clarivate Plc $CLVT.

We always take note when executives with a CFO background make significant insider purchases, as their financial insight provides us some of the best Hot Corner buy signals.  

The co-founder and vice chairman of Oscar Health $OSCR reported a purchase of $3.1 million of his own stock in a recent Form 4.

Here’s The Hot Corner, with data from November 22, 2024:

RA Capital Management filed a 13G for Arcellx Inc $ACLX revealing an initial stake of 5.20%.

RA Capital's expertise is particularly recognized in the biotech space, where they help companies move from concept to commercialization, making them influential in driving value in the life sciences industry.

The firm's top holdings are Ascendis Pharma $ASND, Vaxcyte $PCVX, Janux Therapeutics $JANX and Rhythm Pharmaceuticals $RYTM.

Last but not least, Rep. Laurel Lee of Florida filed a Periodic Transaction Report revealing purchases in Pfizer Inc $PFE and Apple Inc $AAPL.

The best-looking chart from today's list has to be P10 Inc $PX...