What Did This CEO Just Do with Personal Shares of Aqua Metals (NASDAQ: AQMS)? (Analyst Ratings)
Yesterday, the CEO of Aqua Metals (AQMS), Cotton Stephen, sold shares of AQMS for $139.9K. This is Stephen’s first Sell trade following 5 Buy transactions. In addition to Cotton Stephen, one other AQMS executive reported Sell trades in the last month.
Tuesday 1/7 Insider Buying Report: TPZ, ESXB (Nasdaq.com)
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy – they expect to make money. So let’s look at two noteworthy recent insider buys. On Friday, Tortoise Power and Energy Infrastructure Fund (TPZ)’s Director, H. Kevin Birzer, made a $1,700 purchase of TPZ, buying 100 shares at a cost of $17.00 a piece. Birzer was up about 1.8% on the buy at the high point of today’s trading session, with TPZ trading as high as $17.30 at last check today.
Insider Trial Opens With Claim Fugitive Banker Was Tipster (Bloomberg)
The son of a pharmaceutical company CEO claims a fugitive London investment banker was the real source of insider tips he’s charged with passing to a Greek businessman, who used the information to make millions of dollars in trades. The illegal trades were the result of information about Ariad Pharmaceuticals Inc. provided by a former Centerview Partners investment banker, according to Jonathan Streeter, a lawyer for Telemaque Lavidas.
Logitech International Sa (LOGI) President & CEO Bracken Darrell Sold $4.7 million of Shares (Guru Focus)
President & CEO of Logitech International SA, Bracken Darrell, sold 99,808 shares of LOGI on 01/06/2020 at an average price of $47.27 a share. The total sale was $4.7 million. Logitech International SA designs, manufactures and markets products that allow people to connect through music, gaming, video, computing, and other digital platforms. Logitech International SA has a market cap of $7.9 billion; its shares were traded at around $47.18 with a P/E ratio of 28.54 and P/S ratio of 2.74.
In Insider Trading Trial of Telemaque Lavidas US Wants To Ban Talk of How It Investigated (InnerCityPress.com)
SDNY COURTHOUSE, Jan 7 –From Buffalo Wild Wings to a London insiders traders love next, an arrest on Friday October 18 led to an unsealed indictment on October 21 in the U.S. District Court for the Southern District of New York. No honor, nor borders, among thieves. On October 22 the US Attorney’s Office announced more, below. But the cases are split between SDNY judges. On January 6, the trial of Telemaque Lavidas began before Judge Denise Cote. Assistant US Attorney Daniel Tracer in a short opening statement described it as an open and cut case, which will include cooperating witness Marc Demane.