Every weekend, I dive into our insider activity tracker looking for the most interesting and bullish buys — and this week, it was private equity shops and hedge funds leading the charge.
Here’s the most notable activity:
The most material move of the week has to be Mudrick Capital Management upping their stake in Vertical Aerospace $EVTL from 36.6% to 69.7%.
This is a massive increase. Mudrick is known for opportunistic, event-driven plays — so seeing them betting big on the eVTOL industry fits the bill.
It’s a highly speculative name — but when a fund like Mudrick doubles down, it’s worth noting.
Major shareholder Vladimir Galkin disclosed a $12.4 million purchase of Newegg $NEGG.
George Simeon, a director at CRISPR Therapeutics $CRSP and managing member of SR One Capital Partners II, just reported a $51.5 million buy.
And finally, Point72 Asset Management disclosed a 5.20% stake in Angiodynamics $ANGO.
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