Hedge Fund and Insider Trading News: Dan Loeb, Paul Tudor Jones, Warren Buffett, Reminiscent Capital, Brevan Howard Asset Management, World Wrestling Entertainment, Inc. (WWE), Raymond James Financial, Inc. (RJF), and More

Thursday 5/7 Insider Buying Report: ONB, SFE (Nasdaq.com)
At Old National Bancorp, a filing with the SEC revealed that on Tuesday, Director Daniel S. Hermann purchased 20,170 shares of ONB, for a cost of $13.63 each, for a total investment of $275,002. Investors are able to buy ONB even cheaper than Hermann did, with shares trading as low as $12.80 at last check today — that’s 6.1% under Hermann’s purchase price. Old National Bancorp is trading up about 1.7% on the day Thursday. And on Wednesday, Director Joseph M. Manko Jr. bought $268,111 worth of Safeguard Scientifics, buying 40,000 shares at a cost of $6.70 each. This purchase marks the first one filed by Manko Jr. in the past twelve months. Safeguard Scientifics is trading up about 7.8% on the day Thursday.

World Wrestling Entertainment Inc (WWE) EVP, Global Talent Strategy & Paul Levesque Sold $1 million of Shares (Guru Focus)
EVP, Global Talent Strategy & of World Wrestling Entertainment Inc., Paul Levesque, sold 23,255 shares of WWE on 05/04/2020 at an average price of $43.8 a share. The total sale was $1 million. World Wrestling Entertainment Inc is an integrated media and entertainment company. It is engaged in the production and distribution of content through various channels including over-the-top WWE Network, live events and feature films.

The President of Raymond James Financial (NYSE: RJF) is Selling Shares (Analyst Ratings)
Today, the President of Raymond James Financial (RJF), John C. Carson, sold shares of RJF for $948.7K. Based on Raymond James Financial’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $2.04 billion and quarterly net profit of $169 million.

Senator Richard Burr and His Brother-in-Law Dumped Stock on the Same Day. Then the Market Crashed. (TowleRoad.com)
Sen. Richard Burr was not the only member of his family to sell off a significant portion of his stock holdings in February, ahead of the market crash spurred by coronavirus fears. On the same day Burr sold, his brother-in-law also dumped tens of thousands of dollars worth of shares. The market fell by more than 30% in the subsequent month. Burr’s brother-in-law, Gerald Fauth, who has a post on the National Mediation Board, sold between $97,000 and $280,000 worth of shares in six companies — including several that have been hit particularly hard in the market swoon and economic downturn.