Hedge Fund and Insider Trading News: Anthony Scaramucci, Boaz Weinstein, George Soros, Cheyne Capital, Elliott Management, Rent-A-Center Inc (RCII), Evans Bancorp Inc. (EVBN), and More

Hedge Fund Managers up 3.73% in April, Reduce YTD Losses to 4.64% (Opalesque.com)
Hedge funds recouped some of the losses they suffered amidst pandemic-induced market chaos, said Eurekahedge. The Eurekahedge Hedge Fund Index was up 3.73% in April – recording its strongest monthly performance in recent years, supported by the strong performance of the underlying global equity market as represented by the MSCI ACWI IMI (Local), which gained 10.47% over the month. Hedge fund managers reduced their year-to-date losses to 4.64%, the report said. Market optimism over the potential easing of lockdown measures following the slowdown of COVID-19 spread in the US and Europe acted as a tailwind for the performance of risk assets during the month. The MSCI ACWI IMI (Local) rallied 10.47% in April, but still down 13.21% as of April 2020 year-to-date.

Tuesday 5/12 Insider Buying Report: RCII, STFC (Nasdaq.com)
On Friday, Rent-A-Center’s Director, Jeffrey J. Brown, made a $460,118 purchase of RCII, buying 20,000 shares at a cost of $23.01 each. Brown was up about 6.2% on the buy at the high point of today’s trading session, with RCII trading as high as $24.44 in trading on Tuesday. Rent-A-Center is trading down about 0.5% on the day Tuesday. And at State Auto Financial, there was insider buying on Thursday, by Senior Vice President Kim Burton Garland who bought 14,786 shares for a cost of $21.26 each, for a total investment of $314,350. State Auto Financial is trading off about 2.6% on the day Tuesday. Bargain hunters are able to bag STFC even cheaper than Garland did, with shares trading as low as $19.61 at last check today — that’s 7.7% below Garland’s purchase price.

A Director at Evans Bancorp (NYSE MKT: EVBN) is Buying Shares (Analyst Ratings)
Today, a Director at Evans Bancorp (EVBN), Thomas Waring, bought shares of EVBN for $5,098. This recent transaction increases Thomas Waring’s holding in the company by 1.38% to a total of $358.7K. The company has a one-year high of $41.75 and a one-year low of $20.50. EVBN’s market cap is $131 million and the company has a P/E ratio of 9.40. Currently, Evans Bancorp has an average volume of 25.85K.

Peloton Interactive Inc (PTON) CFO Jill Woodworth Sold $5.5 million of Shares (Guru Focus)
CFO of Peloton Interactive Inc., Jill Woodworth, sold 130,000 shares of PTON on 05/08/2020 at an average price of $42.46 a share. The total sale was $5.5 million. Peloton Interactive Inc has a market cap of $13 billion; its shares were traded at around $45.90 with and P/S ratio of 4.47. GuruFocus has detected 1 severe warning sign with Peloton Interactive Inc.