Largest Insider Buys: Top 5 Stocks

4. Cleveland-Cliffs Inc (NYSE:CLF)

Number of Hedge Fund Investors: 39

Cleveland-Cliffs Inc (NYSE:CLF) is one of the stocks with latest insider purchases in May. On May 1, 2024, Ron A. Bloom, who is a director at Cleveland-Cliffs Inc (NYSE:CLF) board, bought 25,000 shares of Cleveland-Cliffs Inc (NYSE:CLF) at $17 per share. The total value of this transaction was $428,875. Over the past five days the stock is down 1.6%. Cleveland-Cliffs Inc’s (NYSE:CLF) CEO Lourenco Goncalves also bought 60,000 shares of Cleveland-Cliffs Inc (NYSE:CLF) at $16.76 per share on May 1.

Of the 933 hedge funds tracked by Insider Monkey, 39 hedge funds had stakes in Cleveland-Cliffs Inc (NYSE:CLF) as of the end of the fourth quarter of 2023.