Today's standout insider transaction is a Form 4 filing from Carlos Slim's Control Empresarial de Capitales S.A., which added another 604,000 shares of PBF Energy Inc $PBF to its position.

Meanwhile, the chief operating officer of Prospect Capital Corporation $PSEC stepped up with a $1 million buy, following the CEO’s notable purchase in the last two weeks.

Here’s The Hot Corner, with data from December 2, 2024:

Newmont Corp $NEM director Harry M. Conger IV recently picked up 9,498 shares of the company’s common stock.

It's always good to see heavyweights in the gold mining space get the attention of excecutives.

Last but not least, Rep. Jonathan Jackson of Illinois...

Today’s insider transactions feature a couple of power moves worth noting.

First up, Sardar Biglari, the founder, chairman, and CEO of Biglari Holdings Inc $BH, reported a significant insider buy of $1 million via a Form 4 filing. 

Biglari is known for his hands-on leadership and calculated investments, making this a bold vote of confidence in his company’s outlook.

Biglari now owns about $26.5 million worth of class A common stock.

Meanwhile, over at retail giant Walmart Inc $WMT, director Robert Edward Moritz Jr. scooped up 5,446 shares worth nearly $500,000.

Here’s The Hot Corner, with data from November 29, 2024:

Over at OPKO Health $OPK, the chairman and CEO doubled down with a personal purchase of $305,376. Dr. Phillip Frost is a serial inside buyer, so we won’t make much of this specific purchase.

Last but not least, director...

The standout insider transaction of the day comes from Carlos Slim's investment company, Control Empresarial de Capitales S.A.

In another big move, the billionaire's firm revealed an $8.7 million purchase of PBF Energy $PBF shares via a Form 4 filing. 

When one of the world's richest men starts putting serious money to work, it's a signal worth watching closely.

Slim and Control Empresarial have been accumulating shares in PBF all year.

Here’s The Hot Corner, with data from November 27, 2024:

In another Form 4, the chairman and CEO of Truist Financial Corporation $TFC, William Rogers Jr, revealed an acquisition of 34,180 shares, equivalent to $1.6 million.

And do you remember all the insider buying in solar stocks recently?

The most notable insider transaction today is revealed in a Form 4 filing by John F. Barry, CEO of Prospect Capital Corporation $PSEC.

Barry revealed an additional purchase of PSEC shares with a total value of $4.7 million.

After a 50% drawdown in recent years, PSEC pays a sky-high 11.4% dividend. The company announced its first cut since 2017 just a few weeks ago, causing a 20% selloff in the stock. 

PSEC has established a tradable low and rebounded in the weeks since, and now the CEO is stepping in with $13 million in share purchases.

It sure looks like brighter days are ahead for this battered financial stock.

Another CEO on today's list is Gregory S. Daily of i3 Verticals $IIIV. The chief executive just reported a purchase of 88,544 shares worth $2.1 million, underscoring significant confidence in...

The most notable insider transaction today is revealed in a Form 4 filing by James Mikolaichik, the new CFO and Treasurer of United Parks & Resorts $PRKS. 

Mikolaichik purchased 34,000 shares at $57.29 per, a total investment of $1.94 million.

CFOs are the insiders to watch – they know the numbers, from revenue trends to cost structures. 

James Mikolaichik is no exception. With a proven track record in the travel and leisure industry as CFO at MyEyeDr. and Diamond Resorts, he brings the kind of expertise that catches our attention.

Here’s The Hot Corner, with data from November 25, 2024:

In another Form 4, the CEO of Prospect Capital Corporation $PSEC revealed a purchase of $4.6 million.

Last but not least, director Joan Amble acquired 2,000 shares of Booz Allen Hamilton Holding Corporation $BAH, for a total amount of $294,260.

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...

The most significant insider transaction today is a Form 4 filing by Carl Icahn.

Icahn added 19,174 shares of CVR Partners $UAN, marking an additional investment of $1.3 million. He now owns around $4 million in shares, representing a 37.74% ownership stake in the company.

When heavyweights like Icahn step up, it's always worth paying attention.

Carl Icahn is one of the most successful and influential investors of all time, known for pioneering activist investing.

Notable wins include $2 billion from Netflix, shareholder reforms at Apple, and profits from Texaco and TWA.

Here’s The Hot Corner, with data from November 21, 2024:

Pictet Asset Management filed a 13G for Five9 $FIVN revealing an increase in ownership from 6.00% to 9.10%.

In another Form 4, Control Empresarial de Capitales SA bought 250,000 shares of PBF Energy Inc $PBF,...

Paul J. Friborg director at Estee Lauder Companies $EL continues to build a position in his own company’s stock.

This time, Friborg revealed a $5 million purchase, following a $10 million purchase earlier this week.

Here’s The Hot Corner, with data from November 20, 2024:

In another Form 4, Merchants Bank $MBIN director Patrick D. O'brien revealed a purchase of MBIN stock with a total value of $2,000,000.

The CEO of Enphase Energy $ENPH revealed the acquisition of 5,000 shares, equivalent to $308,727.

Solar stocks have fallen off a cliff since they peaked in 2021. But we’re now seeing multiple executives stepping in to buy shares in their own companies.

We’ve seen filings from top decision-makers at SolarEdge Technologies $SEDG, Sunnova Energy...

Solar stocks are lighting up our Hot Corner universe again.

This time, Form 4 purchases are stealing the spotlight:

• Sunnova Energy International $NOVA director Mohamed Akbar just dropped $389,728 on his own stock.
• Array Technologies’ $ARRY CEO stepped up too, buying 14,430 shares.

When these executives start putting their skin in the game, and it comes in clusters, it's worth taking notice.

Even though solar stocks have been among the most hated in the entire market, they might be close to a turning point…

Here’s ARRY consolidating at a shelf of former lows:

There isn’t a more logical place for ARRY to dig in and rebound, than at the current support level. 

Here’s The Hot Corner, with data from...

The biggest insider move today comes from Paul J. Fribourg, a director at Estee Lauder Companies $EL, who purchased $10,045,534 worth of shares, as reported in a Form 4 filing.

The stock has dropped 82% from its all-time highs and is now trading at its lowest level in a decade.

This significant insider buy signals confidence in the company's potential recovery.

Here’s The Hot Corner, with data from November 15, 2024:

In another Form 4, director Alfred W. Zollar revealed a purchase of $203,970 in Nasdaq Inc $NDAQ.

We continue to witness insider activity in solar stocks. Today, we have data from the president and CEO of Enphase Energy $ENPH, who made a purchase of 5,000 shares.

Enphase has fallen 30% in the last two weeks, as solar stocks have collapsed following the election.

With the stock trading at its lowest level in more than four years...

The biggest insider move on today's list comes from a Form 4 filing by Charlie Ergen, co-founder and chairman of EchoStar Corporation $SATS.

Ergen made a power move, buying 1,551,355 SATS shares, for a value of $43.5 million.

This purchase not only is a vote of confidence—it’s the kind of buy an insider makes for only one reason. They believe the stock price will rise considerably from here. 

Here’s The Hot Corner, with data from November 14, 2024:

Divisadero Street Capital Management filed a 13G for Rush Street Interactive $RSI, revealing an increase in their stake from 5.78% to 7.80%.

The CEO of Lyft Inc $LYFT revealed a purchase of $250,271 in its latest Form 4.

Manuel Anja, a director at Hims & Hers Health $HIMS bought 5,000 shares.

The stock looks poised to break out of a massive base:

SolarEdge Technologies $SEDG director Avery More has made waves with a bold $2.1 million insider purchase of 156,000 shares.

Despite the solar industry becoming the market's "ugly duckling," More is stepping in at a key support level for SEDG. 

This area marks where prices bottomed out in 2016, sparking a historic rally:

With SEDG back at the scene of the crime, if there's a logical level for it to stop falling, we believe this is it.

That doesn't mean we’re going to get involved right here, right now, though.

Rather, we prefer to wait for a tradeable low and have enough conviction the trend is shifting higher.

Here’s The Hot Corner, with data from November 13, 2024:

Maria Angelidis-Smith, a director at Lemonade $LMND, bought 33,554 shares, equivalent to $1,007,444.

LMND has a 30% short...