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Hedge Fund and Insider Trading News: David Einhorn, Marc Lasry, Bill Miller, Caxton Associates, Acadia Realty Trust (AKR), FedEx Corporation (FDX), and More

Decoding the Amendments to Prohibition of Insider Trading Regulations: How will They Impact Transactions? (CNBC TV18)
The issuance of the Securities and Exchange Board of India (Prohibition of Insider Trading) Amendment Regulations, 2018 (PIT Regulations) in December 2018 by the market regulator brought with it several amendments to the regulations including additional compliance requirements for listed companies and persons with access to unpublished price sensitive information (UPSI). One such condition that has been introduced is the requirement of the trading window being shut from the end of every quarter till 48 hours after the declaration of the financial results. It is important to note that as per the PIT Regulations, ‘designated persons’ and immediate relatives of designated persons are restricted from ‘trading’ in securities when the trading window is closed (restricted period).

Acadia Realty Trust (AKR) Sr. VP and CFO John J. Gottfried Sold $833,400 of Shares (Guru Focus)
Sr. VP and CFO of Acadia Realty Trust (30-Year Financial, Insider Trades) John J. Gottfried (insider trades) sold 30,000 shares of AKR on 07/24/2019 at an average price of $27.78 a share. The total sale was $833,400. Acadia Realty Trust is a real estate investment trust which focuses on the ownership, acquisition, development, and management of high-quality retail properties located primarily in the United States. Acadia Realty Trust has a market cap of $2.31 billion; its shares were traded at around $27.88 with a P/E ratio of 63.34 and P/S ratio of 8.31. The dividend yield of Acadia Realty Trust stocks is 3.98%. GuruFocus has detected 4 severe warning signs with Acadia Realty Trust.

Thursday 7/25 Insider Buying Report: FTSV, CADE (Nasdaq.com)
On Monday, Forty Seven (FTSV)’s Director, Jeffrey W. Bird, made a $6M purchase of FTSV, buying 750,000 shares at a cost of $8.00 a piece. So far Bird is in the green, up about 21.9% on their buy based on today’s trading high of $9.75. Forty Seven is trading up about 6.8% on the day Thursday. This purchase marks the first one filed by Bird in the past twelve months. And on Wednesday, Director J. Richard Fredericks bought $49,989 worth of Cadence Bancorporation (CADE), buying 3,105 shares at a cost of $16.10 each. Before this latest buy, Fredericks purchased CADE on 3 other occasions during the past twelve months, for a total cost of $313,174 at an average of $21.15 per share. Cadence Bancorporation is trading up about 1.3% on the day Thursday. Fredericks was up about 5.5% on the purchase at the high point of today’s trading session, with CADE trading as high as $16.98 in trading on Thursday.

Fedex Corp (FDX) EVP/Chief Info Officer Robert B Carter Sold $4.1 million of Shares (Guru Focus)
EVP/Chief Info Officer of Fedex Corp (30-Year Financial, Insider Trades) Robert B Carter (insider trades) sold 23,100 shares of FDX on 07/24/2019 at an average price of $175.78 a share. The total sale was $4.1 million. FedEx Corp is the world’s largest express courier delivery firm. The company provides courier services through various divisions which include express, ground, office, freight, cross border, trade networks and supply chain. FedEx Corp has a market cap of $45.9 billion; its shares were traded at around $176.01 with a P/E ratio of 95.16 and P/S ratio of 0.68. The dividend yield of FedEx Corp stocks is 1.49%. FedEx Corp had annual average EBITDA growth of 8.80% over the past ten years. GuruFocus rated FedEx Corp the business predictability rank of 2.5-star.

A Director at NVE Corp (NASDAQ: NVEC) is Selling Shares (Analyst Ratings)
Today, a Director at NVE Corp (NVEC), Terrence Glarner, sold shares of NVEC for $69.24K. NVEC’s market cap is $331.4M and the company has a P/E ratio of 23.41. Currently, NVE Corp has an average volume of 81.79K. Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day.