Every weekend, I dig into our insider filings tracker looking for the biggest conviction buys — and this week was full of significant activity from both institutions and corporate leadership, with a continued focus on commodity stocks.
Let’s take a look:
Kenvue $KVUE kicked things off with a massive $111 million purchase from Starboard Value.
The biotech industry saw another big move with GlaxoSmithKline reporting a $28 million buy in Wave Life Sciences $WVE.
Over in packaging, the Amcor $AMCR CFO filed a Form 4 for just over $1 million.
CFO buying always stands out — they know the company’s financial condition and where it’s headed in the future, better than anyone…
Commodities continued to show up on our list this week, with some big moves in metals.
U.S. Gold $USAU saw Philadelphia Financial Management increase its stake to 7.5%, while Hycroft Mining $HYMC logged another $8.9 million buy from Eric Sprott.
He keeps adding, and that persistent accumulation is hard to ignore as gold-related stocks stay strong.
And finally, Alpha Metallurgical Resources $AMR stood out as much as anything this week with a $14 million insider buy.
Coal stocks are quietly setting up again, and this kind of insider activity adds fuel to the theme as the group gears up for its next leg higher.
If you're not a member of Hot Corner Insider and want access to exclusive trade ideas, weekly conference calls, and deep dive reports, join us risk-free.
