Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Hedge Fund and Insider Trading News: Ken Griffin, John Paulson, Steve Eisman, Elliott Management, Agilysys, Inc. (AGYS), ACCO Brands Corporation (ACCO), and More

Monday 9/9 Insider Buying Report: AGYS, STLD (Nasdaq.com)
At Agilysys, a filing with the SEC revealed that on Wednesday, CEO Ramesh Srinivasan bought 10,000 shares of AGYS, at a cost of $25.13 each, for a total investment of $251,300. Agilysys is trading up about 1.8% on the day Monday. Before this latest buy, Srinivasan purchased AGYS on 2 other occasions during the past twelve months, for a total investment of $638,467 at an average of $20.60 per share. And on Friday, Senior Vice President Miguel Alvarez purchased $247,238 worth of Steel Dynamics, purchasing 8,920 shares at a cost of $27.72 a piece. Steel Dynamics is trading up about 5.7% on the day Monday.

The Sr VP, General Counsel & Sec of ACCO Brands is Exercising Options (Analyst Ratings)
Today it was reported that the Sr VP, General Counsel & Sec of ACCO Brands (ACCO), Pamela R. Schneider, exercised options to sell 38,050 ACCO shares at $7.64 a share, for a total transaction value of $353.5K. In addition to Pamela R. Schneider, 3 other ACCO executives reported Sell trades in the last month.

Insider Activity: Interim CEO at Overstock.com (OSTK) Buys $32k in Stock (Investors Observer)
Jonathan E Johnson III, interim CEO at Overstock.com (OSTK), bought 2,000 shares of the company’s common stock on Aug 30. At $15.98 per share, Johnson paid a total of $31,959 for the new shares.

Sri Lankan Billionaire Raj Rajaratnam Released After 8 Years in Prison (LankaBusinessOnline)
September 9, 2019 (LBO) – Former hedge fund titan and billionaire Raj Rajaratnam has been released from prison early after being incarcerated for almost 8 years. He was released approximately 2-3 years early due to a new law passed in the United States which proffers leniency to those who are over 60 years of age and have served 75% of their prison sentences. Rajaratnam (62) will serve the remainder of his prison sentence at home, with some privileges to work outside of the household. Raj Rajaratnam was the central figure in an insider trading investigation that generated a media frenzy in the United States. Instead of taking a plea bargain, Rajaratnam mounted a vigorous legal defence.

Los Angeles-Based Company and Two Executives Charged for Their Roles in $19 Million Illegal Securities Offering (HedgeCo.net)
(HedgeCo.Net) The Securities and Exchange Commission has charged Toon Goggles Inc., a Los Angeles-based company that offers on-demand entertainment content for children, and its founder, Ira Warkol, for conducting a $19 million illegal securities offering. The SEC also charged Warkol for acting as an unregistered broker-dealer in connection with the offering. The SEC’s complaint, filed in the U.S. District Court for the Central District of California, alleges that from at least August 2012 through late 2016, Toon Goggles and Warkol raised over $19 million from approximately 400 retail investors.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading...