Insider Trading Highlights: Significant Buys from Reddit and Sonos Directors

Overview of Insider Activity#

On Tuesday, several significant insider buying and selling activities were reported for U.S. stocks. This article highlights key transactions involving prominent companies.

Major Buys by Coliseum Capital Management#

Coliseum Capital Management, along with its affiliates Christopher S. Shackelton and Adam Gray, has increased their investment in Sonos Inc (NASDAQ:SONO) by purchasing shares worth a total of $3.07 million. According to a filing with the Securities and Exchange Commission, they bought 90,000 shares on March 13, 2026, at $13.20 each, followed by 13,920 shares at $13.25 on March 16, and an additional 125,000 shares on March 17 at prices ranging from $13.44 to $13.69.

Reddit Director Makes a Significant Purchase#

Sarah E. Farrell, a director at Reddit (NASDAQ:RDDT), indirectly acquired 10,500 shares of Class A Common Stock on March 13, 2026, for a total of $1.38 million, with individual share prices between $131.83 and $132.50. This purchase comes as Reddit's stock has dropped 47% over the past six months, despite the company remaining profitable. Following this transaction, Farrell holds 61,000 shares through Waygrove Partnership LP and an additional 7,899 shares directly.

Oncology Institute Insider Buying#

Jorey Chernett, a ten percent owner of Oncology Institute, Inc. (NASDAQ:TOI), has also been active in purchasing shares, totaling $1,225,100 across multiple transactions. On March 13, 2026, Chernett bought 263,000 shares at $2.92 each, followed by 60,985 shares at $3.29 on March 16, and 75,000 shares at $3.42 on March 17. TOI shares have seen a remarkable increase of 412% over the past year, currently trading at $3.59.

SLR Investment Corp Director Purchases#

Michael S. Gross, a director at SLR Investment Corp (NASDAQ:SLRC), reported buying shares in two transactions totaling $493,103. On March 13, he acquired 25,000 shares at an average price of $13.9143, and on March 16, he purchased 10,452 shares at an average price of $13.8965. These transactions occur as SLRC approaches its 52-week trading range.