Cormorant Reports a $19.6 Million AMAM Buy

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes in a Form 4 filing by Cormorant Asset Management LP.

The hedge fund reported a purchase of roughly $19.6 million in Ambrx Biopharma Inc $AMAM.

Brown Brothers Harriman & Co filed a Form 4 revealing a purchase of $18,766,880 in Westrock Coffee Company $WEST.

Here’s The Hot List, with data through September 19, 2023:

In another Form 4, director Bernard Lanigan disclosed a purchase of $3.6 million in CNX Resources Corporation $CNX.

In the options market, there was bullish flow in FTC Solar $FTCI, IonQ Inc $IONQ, Sibanye Stillwater Limited $SBSW, The Cheesecake Factory Incorporated $CAKE, Uber Technologies $UBER, and Big Lots $BIG.

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

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All Star Charts Team

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