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Hedge Fund and Insider Trading News: Bridgewater Associates, GAMCO Investors, Whitebox Advisors, Veritex Holdings Inc (VBTX), Installed Building Products Inc (IBP), and More

Monday 3/18 Insider Buying Report: VBTX, KOP (Nasdaq.com)
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys. At Veritex Holdings (VBTX), a filing with the SEC revealed that on Wednesday, Director Mark C. Griege purchased 25,000 shares of VBTX, for a cost of $26.00 each, for a total investment of $650,000. Griege was up about 1.9% on the buy at the high point of today’s trading session, with VBTX trading as high as $26.50 at last check today. Veritex Holdings is trading up about 2% on the day Monday. This purchase marks the first one filed by Griege in the past twelve months.

The COO of Installed Building Products (NYSE: IBP) is Selling Shares (AnalystRatings)
Yesterday, the COO of Installed Building Products (IBP), Jay Elliott, sold shares of IBP for $155.8K. In addition to Jay Elliott, 3 other IBP executives reported Sell trades in the last month. Based on Installed Building Products’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $353 million and quarterly net profit of $16.48 million. In comparison, last year the company earned revenue of $300 million and had a net profit of $10.79 million. IBP’s market cap is $1.33B and the company has a P/E ratio of 25.21. Currently, Installed Building Products has an average volume of 605.1K.

Who’s Been Buying and Selling Shares Over the Last Week? (SharesMagazine.co.uk)
Director dealings can provide a useful pointer for investors as management have a deep pool of knowledge about their firm and insider buying and selling can sometimes be an indication of the health of the business. Saying that, investors shouldn’t jump to conclusions when directors sell shares as this can sometimes be prompted by tax liabilities or it may be the first opportunity for management to sell stock which was issued to them many years ago. Over the last week, there have been a few interesting deals including £1.4m worth of shares being offloaded by HSBC (HSBA) executive director Marc Moses partly to cover tax liabilities.

Insider Buys Of The Week: Activision, Arconic, CVS Health (Benzinga)
Conventional wisdom says that insiders and 10 percent owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit from it. So insider buying can be an encouraging signal for potential investors, particularly during periods of uncertainty. Here’s a look at a few notable insider purchases reported in the past week. Activision Blizzard: Activision Blizzard, Inc. ATVI 0.83% saw a director step up to the buy window week. At $42.87 to $43.03 apiece, the 100,000 shares acquired cost that director over $4.29 million. That brought his stake up to less than 110,000 shares, which compares with around 765 million shares outstanding.

Insider Trading Ban Takes Effect in UAE (Albawaba.com)
A ban on the insiders’ trading at public shareholding companies listed in the UAE capital markets took effect on March 17, in compliance with the applicable regulations and rules, a media report said. The Abu Dhabi and Dubai Financial Markets called on listed shareholding companies and brokerage companies to implement the ban until the announcement of the financial statements for 2019’s first quarter, reported state news agency Wam, citing a circular. The move comes in line with to the provisions of Article 14 of the Securities and Commodities Authority’s (SCA) board of directors resolution No. (1) of 2001 concerning trading, clearing, settlement and transfer of ownership and custody of securities.

Gladstone Land Corp (NASDAQ:LAND) Insider Trading Activity – CEO Bought 100,000 shares of Stock (MarketExclusive)
Insider Trading Activity For Gladstone Land Corp (NASDAQ:LAND): David Gladstone , CEO of Gladstone Land Corp (NASDAQ:LAND) reportedly Bought 100,000 shares of the company’s stock at an average price of 12 for a total transaction amount of $1,200,000.00.

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