Every weekend, I dive into our insider activity tracker looking for the most interesting and bullish buys — and this week’s list has some heavy hitters.
Here’s the most notable activity:
First up, Warren Buffett made waves — Berkshire Hathaway dropped a whopping $168 million on Sirius XM $SIRI, instantly making it one of the largest single insider purchases we’ve seen all year.
Over at Celcuity $CELC, the Baker Bros’ latest move pushed the stock into their top 10 holdings — a big vote of confidence from the legendary biotech investors.
We dug into their portfolio earlier this week, and CELC’s presence speaks volumes.
Fortive $FTV joined the action as well. New CFO and former Expedia CEO Mark Okerstrom just bought shares on the open market.
When the finance chief is buying, it’s one of the clearest signals of strong conviction.
Meanwhile, in the housing space, smart money has been quietly accumulating Rocket Companies $RKT.
ValueAct Capital filed a third amended 13D, revealing they now own 9.90% of the company.
Last quarter, Daniel Loeb’s Third Point backed RKT following its all-stock acquisition of Mr. Cooper, highlighting the powerful potential of combining America’s largest refinance originator with its biggest servicer.
This conviction has boosted Citron Research’s already strong bullish stance on $RKT, making it their “call of the year.”
Moving into biotech, Vertex Pharmaceuticals $VRTX is seeing meaningful insider buying from both the CEO and President, along with one company director — totaling over $5.8 million in purchases.
And to cap it all off, NVIDIA $NVDA made its way onto our radar after a political filing revealed a purchase size rarely seen in this category.
The buys ranged between $1.4 million and $3.3 million, highlighting significant conviction.
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