Clear Hedge Capital to offer loans to large institutions with BitGo Prime (Opalesque.com)
Clear Hedge Capital, a lending group for alternative investment vehicles, has announced it had entered into a partnership with BitGo Prime to offer multi-million loans to institutional investors. Both companies, according to an official press release, will focus their services – built by a Wall Street team – only on institutional clients. The offering comes with an agreement to collaborate and focus exclusively on providing loans in the digital asset space to institutions with loan sizes of $10 million and above. The demand side would include hedge funds, market makers, trading houses, OTC providers, crypto lending firms, and exchanges.
Wednesday 8/19 Insider Buying Report: FOX, APG (Nasdaq.com)
At Fox, a filing with the SEC revealed that on Saturday, Executive Chairman, CEO Lachlan K. Murdoch bought 229,024 shares of FOX, at a cost of $25.74 each, for a total investment of $5.9M. So far Murdoch is in the green, up about 1.6% on their buy based on today’s trading high of $26.14. Fox is trading up about 1.2% on the day Wednesday. Before this latest buy, Murdoch bought FOX on 2 other occasions during the past twelve months, for a total investment of $4.27M at an average of $28.30 per share. And on Friday, CHIEF LEARNING OFFICER Paul W. Grunau bought $1.03M worth of API Group, buying 70,000 shares at a cost of $14.74 each. This purchase marks the first one filed by Grunau in the past twelve months. API Group is trading up about 1.2% on the day Wednesday. Grunau was up about 7.0% on the purchase at the high point of today’s trading session, with APG trading as high as $15.77 at last check today.
Procter & Gamble Co (PG) CEO – Health Care Steven D Bishop Sold $2.4 million of Shares (Guru Focus)
CEO – Health Care of Procter & Gamble Co., Steven D Bishop, sold 17,693 shares of PG on 08/18/2020 at an average price of $136.53 a share. The total sale was $2.4 million. Procter & Gamble Co is a consumer goods company. The firm markets its products internationally through various channels which include mass merchandisers, grocery stores, membership club stores, drug stores, and department stores.
The President & COO of IDEX (NYSE: IEX) is Selling Shares (Analyst Ratings)
Yesterday, the President & COO of IDEX (IEX), Eric Ashleman, sold shares of IEX for $1.43M. Following Eric Ashleman’s last IEX Sell transaction on May 11, 2020, the stock climbed by 24.0%. In addition to Eric Ashleman, 5 other IEX executives reported Sell trades in the last month. The company has a one-year high of $178.14 and a one-year low of $104.56. Currently, IDEX has an average volume of 377.19K. IEX’s market cap is $13.33 billion and the company has a P/E ratio of 35.80.
Advanced Micro Devices Inc (AMD) Chief Technology Officer & EVP Mark D Papermaster Sold $3.5 million of Shares (Guru Focus)
Chief Technology Officer & EVP of Advanced Micro Devices Inc., Mark D Papermaster, sold 43,000 shares of AMD on 08/14/2020 at an average price of $82.35 a share. The total sale was $3.5 million. Advanced Micro Devices Inc designs and produces microprocessors and low-power processor solutions for the computer, communications, and consumer electronics industries.
