THRC Holdings Reports a $9.3 Million ACDC Buy

From the Desk of Steve Strazza and Alfonso Depablos

The largest insider buy on today’s list comes via a Form 4 filing by THRC Holdings LP.

The investment firm reported a purchase of $9.3 million in ProFrac Holding Corp $ACDC.

Senvest Management LLC filed a 13G for AvidXchange Holdings Inc $AVDX revealing an initial stake of 5.00%.

Here’s The Hot Corner, with data through May 30, 2024:

In another Form 4, the general counsel of Ramaco Resources Inc $METC revealed a purchase of $124,860.

Last but not least, director Stanley A Galanski bought 2,000 shares, equivalent to $142,860, in AXIS Capital Holdings Limited $AXS.

Here’s what the chart looks like:

Price is attempting to break out of a multi-year base. As long as it’s above 71, the bias is higher.

Have a great weekend. We’ll be back on Monday with more insider activity.

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All Star Charts Team

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