Figma $FIG saw a massive $36.5M purchase from director Andrew Reed Phillips.
That's serious size in a software name and one of the largest insider buys we've seen in recent weeks.
Energy was another standout with CVR Energy $CVI catching a $16.4M buy from Carl Icahn.
Icahn is putting capital to work in a refining name, leaning into the recent strength in the space.
In precious metals, Hycroft Mining $HYMC saw another $6.3M purchase from Eric Sprott.
Sprott has been piling into this name consistently and aggressively for months now. He started buying around $9 per share back in October of last year, and has continued to appear on our list almost every week since, as he steadily builds his stake.
Consumer electronics name Sonos $SONO logged another $5.4M buy from Coliseum Capital Management, showing continued conviction from a major holder.
Healthcare also saw activity. Ardelyx $ARDX had a $1.9M insider purchase, while Insulet $PODD saw its President & CEO step in with a $1M buy.
Finally, Uber $UBER saw a $1.6M purchase from its CFO, Balaji Krishnamurthy.
This is one of the most powerful types of insider buying we see. CFOs have the deepest visibility into the company's numbers, expectations, and financial trajectory — so when they step in and buy stock with their own capital, it carries extra weight for me.
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Steve
