Light Street Capital, a major owner ofTPG Pace Beneficial Finance Group (TPGY), has added an additional 251,907 shares. The total cost to acquire those shares came to just under $3.3 million. This marks the first insider buy since last March, from a different fund manager that’s a major holder of shares. Overall, these two funds have been the only insiders to make any activity, and they’ve exclusively bought more shares. Overall, institutions own over 62 percent of shares. TPGY is a special purpose acquisition company, or SPAC. They’re currently in the process of acquiring EVBox, the...

Chatham Asset Management, a major holder ofR.R. Donnelley & Sons (RRD), has bought another 185,000 shares recently. The buy increased the fund’s stake in the company by nearly 1.75 percent, and came to a total purchase price of just over $1.1 million. This adds to the fund’s purchases of shares from May and June. In total, over the past few months, the fund has bought over 2.4 million shares, and is the sole insider to make any changes. The fund was also the last seller of shares, back in early 2020. Overall, company insiders own about 4.4 percent of company shares. The integr...

Jeffrey Armstrong, a director atPiedmont Lithium (PLL), recently picked up 2,500 shares. The buy increase his stake by more than 14 percent, and came to a total price of just over $174,000. This follows up from a 4,000 share buy from another director, Susan Jones, the day before. She spent over $292,000 to make the buy. Other than an insider sale around the same time, this is the first insider activity at the firm since 2009. Company insiders overall own just under 0.6 percent of company shares. The lithium company is up over 980 percent in the past year, as soaring electric vehic...

Dustin Moskovitz, President and CEO atAsana (ASAN) recently picked up over 1.1 million shares of the firm. The total cost of the buy came to just under $70 million, and was made over a number of days last month. The buys increased his stake by over 15 percent in total. Over the past few months, other company insiders have generally been sellers, but those total sales have been less than this high level of purchases by the CEO. Overall, company insiders own nearly 11 percent of company shares. The workflow software company has seen its shares rise over 135 percent in the past year as ...

Jessie Knight, a director atAlaska Air Group (ALK) picked up another 1,200 shares last month. The buy increased the director's stake by nearly 32 percent, and came to a total purchase price of just over $66,000. That marks the first insider buy at the airline since a prior buy from the same director in November 2020. Overall, c-suite company insiders have been sellers of shares over the past three years, while company directors have been more inclined to make modest buys. Overall, company insiders own about 0.3 percent of shares. The airline has seen its share price drop in the pa...

Christy DiPietro, a director atFirst United Corp (FUNC) recently bought 3,000 shares. The buy increased her sake by 136 percent, and came to a total purchase price of just under $55,000. Company insiders have been repeated buyers throughout the year, albeit in small lots of as few as 11 shares. This is the largest buy year to date following a 2,100 share buy from another director in March. The last insider sale was in December 2020, albeit for a single share. All told, company insiders own about 5.5 percent of shares. In the past year, the regional bank, based out of Maryland, has pe...

ARK Fintech Innovation ETF, a fund with major holdings in the cryptocurrency space, bought shares ofCoinbase (COIN) in late June. Buying nearly 82,000 shares, the fund paid out nearly $20.3 million for the shares. A related entity bought $53 million in shares the week before. Since the company went public in April, insiders at the firm, including directors and major holders, have been sellers of shares. The company went public at an official price around $350, rallied to nearly $430 on its first day of trading, then slid to the low $200 range. It’s now around $240. The cryptocurre...

Peter Sonsini, a major owner atBright Health Group (BHG), has recently picked up 1,944,444 shares. The buy came to a total price of $35 million, and represents a 1.1 percent increase in the owner’s holdings. The buy represents the sole insider activity since the healthcare plan provider went public in late June. Company insiders own an estimated 4 percent of company shares based on initial filings. In addition to offering healthcare plans, the company also provides employee insurance plans, Medicare plans, and other plan needs in addition to operating 28 care clinics. While the co...

Michael Gravelle, general counsel atFoley Trasimene Acquisition Corp (WPF), recently bought 10,000 shares. The buy represents an initial purchase by the holder. The total cost came to $99,800. The buy occurred on the same day that William Foley, a major owner, also bought 100,000 shares, at a cost of $999,000. The company CEO also bought 10,000 shares at the same time. One fund with a major stake in the company has been a seller of shares since the company went public. The company is another SPAC, or special purpose acquisition company. SPACs go public and sell shares at $10 each, wh...

Kevin Spain, a director atDoximity (DOCS), recently bought 775,000 shares. The buy came to a total cost of just over $20 million, and represents a new stake for the director. The move comes as another director sold nearly 4.3 million shares, netting over $105 million. While that may sound extreme, the company just went public last week. Full insider data isn’t available yet, but it still appears substantial in its initial post-IPO period. Doximity operates a cloud-based digital platform for medical professionals, to help coordinate and organize healthcare data. Shares are up about 10...