Every weekend, I dig into our insider activity tracker looking for the biggest conviction buys — and today’s list delivered plenty of heavy hitters across biotech, energy, and asset management.
Let’s take a look:
Alumis $ALMS kicked off the week with a $1.31 million buy from Akkaraju Srinivas.
Anytime you see a biotech insider step in with seven figures, it’s worth noting — especially in a name that went up 45% last week.
CorMedix $CRMD showed up with a fresh 13G from Deep Track Capital, marking an initial 6.29% stake.
Grindr $GRND logged a $6.5 million purchase from George Raymond Zage III.
Big checks in software names come at the right time, as the group is enjoying a broad rally after refusing to complete a top at the index level.
NextDecade $NEXT received another insider purchase from Hanwha Aerospace, this time a Form 4 for $3.77 million. Hanwha has been one of the most consistent buyers on our tracker of late.
Universal Technical Institute $UTI delivered the largest buy of the week, a $13.07 million purchase from Coliseum Capital.
Blue Owl Capital $OWL followed with a $7.14 million buy, spread among the Co-CEOs, CFO, and Co-President. Broad insider participation like this represents a real vote of confidence after a rough period for the private credit company.
And Somnigroup International $SGI wrapped up the week with a $2.99 million buy from Simon Dyer.
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