Activist Elliott Management to Push Nielsen Holdings to Sell (The Wall Street Journal)
Activist investor Elliott Management Corp. has taken a big stake in Nielsen Holdings PLC and plans to push the TV-ratings company to sell itself. The New York hedge fund owns 8.4% of Nielsen, worth about $660 million, according to a filing Monday. The Wall Street Journal first reported Sunday that Elliott had built a sizable position and planned to urge a sale.
oneinchpunch/Shutterstock.com
Billionaire Steyer Adding $10 Million to Trump Impeachment Drive (Bloomberg)
Billionaire Tom Steyer plans to spend an additional $10 million on helping Democrats take control of the House by attempting to drive up turnout among infrequent voters motivated by the idea of impeaching President Donald Trump. That will be on top of $110 million Steyer has already pledged for the November elections through his two political organizations, Need to Impeach and NextGen America, his effort to get young voters to the polls in 11 states. That makes Steyer, a former hedge fund manager, one of the biggest players in Democratic politics.
The Latest Portfolio Moves by Third Point (SeekingAlpha.com)
The portfolio moves by Third Point Management are always some of the most closely watched in the hedge fund industry. In its latest SEC filing, Third Point disclosed that it added NXP Semiconductors (NASDAQ:NXPI), PayPal (NASDAQ:PYPL), Visa (NYSE:V), Campbell Soup (NYSE:CPB), Deere (NYSE:DE), Far Point Acquisition (FPAC), Energen (NYSE:EGN), PVH (NYSE:PVH) and Camping World (NYSE:CWH). The firm also added to its stakes in Microsoft (NASDAQ:MSFT), Adobe (NASDAQ:ADBE), Electronic Arts (NASDAQ:EA), Marathon Petroleum (NYSE:MPC), United Technologies (NYSE:UTX), DowDuPont (NYSE:DWDP), Salesforce (NYSE:CRM) and Dover (NYSE:DOV).
Insider Selling: Etsy Inc (ETSY) Director Sells $2,001,600.00 in Stock (XNewsPress.com)
Etsy Inc (NASDAQ:ETSY) Director M Michele Burns sold 45,000 shares of the firm’s stock in a transaction that occurred on Friday, August 10th. The shares were sold at an average price of $44.48, for a total transaction of $2,001,600.00. Following the completion of the sale, the director now directly owns 28,103 shares in the company, valued at approximately $1,250,021.44. The sale was disclosed in a document filed with the Securities & Exchange Commission.
Insider Selling: Insperity Inc (NSP) EVP Sells $1,627,500.00 in Stock (WeekHerald.com)
Insperity Inc (NYSE:NSP) EVP Arthur A. Arizpe sold 15,000 shares of Insperity stock in a transaction that occurred on Thursday, August 9th. The stock was sold at an average price of $108.50, for a total transaction of $1,627,500.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Insider Selling: Skyworks Solutions Inc (SWKS) Director Sells $930,300.00 in Stock (MaconDaily.com)
Skyworks Solutions Inc (NASDAQ:SWKS) Director David J. Aldrich sold 10,000 shares of the firm’s stock in a transaction on Friday, August 10th. The stock was sold at an average price of $93.03, for a total value of $930,300.00. Following the transaction, the director now directly owns 152,252 shares of the company’s stock, valued at $14,164,003.56. The sale was disclosed in a document filed with the SEC.
Insider Buying: Mohawk Industries, Inc. (MHK) Director Purchases $4,620,000.00 in Stock (XNewsPress.com)
Mohawk Industries, Inc. (NYSE:MHK) Director Filip Balcaen acquired 25,000 shares of the stock in a transaction dated Thursday, August 9th. The shares were purchased at an average cost of $184.80 per share, with a total value of $4,620,000.00. Following the completion of the purchase, the director now owns 776 shares of the company’s stock, valued at approximately $143,404.80. The purchase was disclosed in a legal filing with the SEC.
Insider Buying: Safety Income & Growth Inc (SAFE) Insider Buys $237,608.80 in Stock (FairFieldCurrent.com)
Safety Income & Growth Inc (NYSE:SAFE) insider Marcos Alvarado bought 13,640 shares of the firm’s stock in a transaction on Wednesday, August 8th. The stock was bought at an average price of $17.42 per share, with a total value of $237,608.80. The purchase was disclosed in a legal filing with the Securities & Exchange Commission.
