Tiger Global Takes $746 Million Stake in Just Eat Takeaway (Bloomberg)
Hedge fund Tiger Global Management has taken a 4.4% stake in Just Eat Takeaway.com NV, currently worth about 613.2 million euros ($746 million), adding to its investments in the food delivery industry. Tiger Global holds 6.5 million shares in Just Eat Takeaway, according to a filing made in the Netherlands. The stake makes it one of the largest shareholders in the fast-growing food delivery company, according to data compiled by Bloomberg.
The Hedge Funds Behind the Biopharma IPO Bonanza (Institutional Investor)
Perceptive, RA Capital and RTW are among hedge fund firms with stakes in biopharma companies preparing to go public. The market for initial public offerings has picked up where it left off in 2020. Red hot.And many hedge funds are eager to cash in, especially in the booming biopharma and health-care-related sectors. In the past week or so, at least five companies whose major shareholders include at least eight…
Friday 1/22 Insider Buying Report: ODC (Nasdaq.com)
On Wednesday, Oil-Dri Corp. of America’s Director, Allan H. Selig, made a $33,730 buy of ODC, purchasing 1,000 shares at a cost of $33.73 each. Oil-Dri Corp. of America is trading up about 0.6% on the day Friday. Before this latest buy, Selig bought ODC on 3 other occasions during the past twelve months, for a total cost of $104,129 at an average of $34.71 per share.
Lemonade Inc (LMND) Co-Founder & CEO Daniel A. Schreiber Sold $47.8 million of Shares (Guru Focus)
Co-Founder & CEO of Lemonade Inc, Daniel A. Schreiber, sold 300,000 shares of LMND on 01/19/2021 at an average price of $159.43 a share. The total sale was $47.8 million. Lemonade Inc has a market cap of $8.39 billion; its shares were traded at around $148.190000 with and P/S ratio of 73.55.
The Senior Vice-President & Chief Financial Officer of Theratechnologies (NASDAQ: THTX) is Buying Shares (Analyst Ratings)
Today, the Senior Vice-President & Chief Financial Officer of Theratechnologies (THTX), Philippe Dubuc, bought shares of THTX for $7,590. This recent transaction increases Philippe Dubuc’s holding in the company by 11% to a total of $73.16K. In addition to Philippe Dubuc, one other THTX executive reported Buy trades in the last month.
Plug Power Inc (PLUG) President & CEO Andrew Marsh Sold $37.7 million of Shares (Guru Focus)
President & CEO of Plug Power Inc, Andrew Marsh, sold 573,268 shares of PLUG on 01/19/2021 at an average price of $65.82 a share. The total sale was $37.7 million. Plug Power Inc provides alternative energy technology. It is engaged in the design, development, commercialization and manufacture of hydrogen fuel cell systems used for the industrial off-road market and the stationary power market.
