Insider Activity and Hedge Fund Movements: A Closer Look at $ROIV
Recent Insider Trading at $ROIV
On December 27, 2024, Eric Venker, President & COO of $ROIV ($ROIV), sold 176,900 shares, representing about 20.9% of his holdings. This move leaves him with 668,680 shares in the company, as reported in a recent SEC filing.
Over the past six months, $ROIV insiders have engaged in trading activities 21 times. Notably, every transaction has been a sale, with no purchases recorded during this period.
Here’s a summary of insider trading for $ROIV stock in the last six months:
- ERIC VENKER (President & COO): 5 trades, 0 purchases, 5 sales, totaling 654,604 shares sold.
- MAYUKH SUKHATME (President & Chief Investment Officer): 4 trades, 0 purchases, 4 sales, totaling 1,298,821 shares sold.
- DANIEL ALLEN GOLD: 6 trades, 0 purchases, 6 sales, totaling 4,426,000 shares sold.
- FINANCIAL LP QVT: 2 trades, 0 purchases, 2 sales, totaling 926,000 shares sold.
- KEITH S. MANCHESTER: 2 trades, 0 purchases, 2 sales, totaling 503,000 shares sold.
- MATTHEW GLINE (CEO): sold 1,983,257 shares.
- RAKHI KUMAR (Chief Accounting Officer): sold 250,000 shares.
To monitor insider transactions, visit Quiver Quantitative’s insider trading dashboard.
Hedge Fund Activity Surrounding $ROIV
In the latest quarter, 169 institutional investors increased their stakes in $ROIV, while 119 reduced their holdings.
Here are some notable recent transactions:
- VANGUARD GROUP INC increased their portfolio by adding 33,491,231 shares (+408.8%) in Q3 2024.
- VIKING GLOBAL INVESTORS LP reduced their holdings by selling 15,056,780 shares (-21.8%) in Q3 2024.
- BLACKROCK, INC. raised their position by acquiring 6,591,789 shares (+18.6%) in Q3 2024.
- SB INVESTMENT ADVISERS (UK) LTD sold off 5,427,314 shares (-7.6%) in Q3 2024.
- TOMS CAPITAL INVESTMENT MANAGEMENT LP added 4,015,000 shares (+inf%) in Q3 2024.
- CITADEL ADVISORS LLC increased their holdings by adding 4,004,146 shares (+208.1%) in Q3 2024.
- BVF INC/IL completely liquidated their position, selling 2,742,409 shares (-100.0%) in Q3 2024.
To keep up with hedge fund investments, check out Quiver Quantitative’s institutional holdings dashboard.
This article is not financial advice. For more information, please refer to Quiver Quantitative’s disclaimers.
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The views and opinions expressed herein are solely those of the author and do not necessarily reflect those of Nasdaq, Inc.
