Hedge Fund and Insider Trading News: Cliff Asness, Alan Howard, RessCapital, Hildene Capital Management, Dynavax Technologies Corporation (DVAX), Pretium Resources Inc (PVG), and More

Mangold Takes Another Bite of Kreditfonden (Hedge Nordic)
Stockholm (HedgeNordic) – After increasing its stake in Skandinaviska Kreditfonden (SKF) from 20 percent to about 25 percent in 2016, Mangold AB upped its ownership stake in the Stockholm-based asset manager by an additional three percent to 27.5 percent. According to an announcement on Friday by Per-Anders Tammerlöv (pictured), “Mangold has today entered into an agreement to acquire an additional 3.0 percent of the shares in Skandinaviska Kreditfonden AB for a cash consideration of approximately SEK 2.3 million.” Mangold acquires the 3.0 percent-stake from a previous shareholder who decided to sell the stake in Skandinaviska Kreditfonden. Prior to the agreement, Mangold owned a stake of 24.5 percent in SKF.

Friday 5/29 Insider Buying Report: DVAX, OPRT (Nasdaq.com)
On Wednesday, Dynavax Technologies’s Director, Andrew A. F. Hack, made a $5M buy of DVAX, purchasing 1,000,000 shares at a cost of $5.00 a piece. Hack was up about 8.0% on the buy at the high point of today’s trading session, with DVAX trading as high as $5.40 in trading on Friday. Dynavax Technologies is trading up about 6.6% on the day Friday. And at Oportun Financial, there was insider buying on Thursday, by Chief Executive Officer Raul Vazquez who purchased 51,313 shares for a cost of $9.74 each, for a trade totaling $499,966. Oportun Financial Corporation is trading up about 4.8% on the day Friday. So far Vazquez is in the green, up about 7.8% on their purchase based on today’s trading high of $10.50.

The Chief Exploration Officer of Pretium Resources (NYSE: PVG) is Buying Shares (Analyst Ratings)
Today, the Chief Exploration Officer of Pretium Resources (PVG), Kenneth C Mcnaughton, bought shares of PVG for $4.09M. Following this transaction Kenneth C Mcnaughton’s holding in the company was increased by 353% to a total of $4.18 million. This is Mcnaughton’s first Buy trade following 17 Sell transactions.

Cullen/Frost Bankers Inc (CFR) Chairman and CEO Phillip D Green Sold $876,490 of Shares (Guru Focus)
Chairman and CEO of Cullen/frost Bankers Inc., Phillip D Green, sold 11,580 shares of CFR on 05/27/2020 at an average price of $75.69 a share. The total sale was $876,490. Cullen/Frost Bankers Inc is a financial holding company and a bank holding company. It provides a range of products and services throughout Texas markets, with a concentration on the major metropolitan areas.