Hedge Fund and Insider Trading News: Dinakar Singh, Dan Niles, Steve Cohen, Warren Buffett, TCI Fund Management, CarMax, Inc (KMX), Constellation Brands, Inc. (STZ), and More

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Carmax Inc (KMX) EVP, Gen. Counsel & Secretary Eric M Margolin Sold $3.8 million of Shares (Guru Focus)
EVP, Gen. Counsel & Secretary of Carmax Inc, Eric M Margolin, sold 38,807 shares of KMX on 07/22/2020 at an average price of $97.63 a share. The total sale was $3.8 million. CarMax Inc is engaged in the automobile dealership business. Its services involve selling vehicles which includes both used and new vehicles. CarMax Inc has a market cap of $15.92 billion; its shares were traded at around $97.60 with a P/E ratio of 25.88 and P/S ratio of 0.88. CarMax Inc had annual average EBITDA growth of 13.60% over the past ten years.

Friday 7/24 Insider Buying Report: JAMF, LEVI (Nasdaq.com)
At JAMF Holding (JAMF), a filing with the SEC revealed that on Tuesday, Chief Operating Officer John Strosahl bought 7,692 shares of JAMF, for a cost of $26.00 each, for a total investment of $199,992. So far Strosahl is in the green, up about 49.0% on their purchase based on today’s trading high of $38.75. JAMF is trading down about 4.2% on the day Friday. This buy marks the first one filed by Strosahl in the past twelve months. And on Wednesday, Director Christopher J. McCormick purchased $45,129 worth of Levi Strauss & Co. (LEVI), purchasing 3,786 shares at a cost of $11.92 each. This purchase marks the first one filed by McCormick in the past year. Levi Strauss & Co. is trading up about 2% on the day Friday. So far McCormick is in the green, up about 4.4% on their buy based on today’s trading high of $12.45.

Follow the Insiders, Sell Nvidia Stock at $405 (Investorplace.com)
Earlier last week, Nvidia (NASDAQ:NVDA) briefly eclipsed Intel’s (NASDAQ:INTC) market capitalization of $260 billion. How could a company with 15% of Intel’s revenue and 13% of the operating income share the same market value? NVDA stock insiders didn’t care to ask. Since the end of March, insiders have unloaded over $97 million in shares, compared to $16 million over the same period last year. When insiders sell shares that quickly, investors should ask themselves, “should I be doing the same thing?” With NVDA stock, investors would be wise to follow suit.

The VCOB of Constellation Brands is Exercising Options (Analyst Ratings)
Yesterday it was reported that the VCOB of Constellation Brands (STZ), Richard Sands, exercised options to sell 335,893 STZ shares for a total transaction value of $60.6M. In addition to Richard Sands, one other STZ executive reported Sell trades in the last month.

Pinterest Inc (PINS) Chairman, President, CEO, Co-F Benjamin Silbermann Sold $1.5 million of Shares (Guru Focus)
Chairman, President, CEO, Co-F of Pinterest Inc, Benjamin Silbermann, sold 58,559 shares of PINS on 07/21/2020 at an average price of $25.76 a share. The total sale was $1.5 million. Pinterest Inc has a market cap of $14.45 billion; its shares were traded at around $24.64 with and P/S ratio of 10.83. GuruFocus has detected 1 severe warning sign with Pinterest Inc.

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