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Hedge Fund and Insider Trading News: Ken Griffin, Keith Meister, Bodenholm Capital, AQR Capital, Anworth Mortgage Asset Corp. (ANH), Oasis Petroleum Inc. (OAS), and More

Massachusetts Man Acquitted On Vistaprint Insider Trading Charges (ASICentral.com)
A Boston-area businessman accused of obtaining inside information from a former Vistaprint employee to illegally trade in the company’s stock has been acquitted of federal fraud charges. Top 40 distributor Cimpress (asi/162149) owns Vistaprint, a web-based seller of customizable business materials and promotional products. A jury in the U.S. District Court for the District of Massachusetts on Friday found restaurateur Charlie Jinan Chen not guilty of the three securities fraud charges he had been facing related to the alleged insider trading. The jury, however, declared Chen guilty of making a materially false statement.

Acacia Research: Insider Purchasing Signals Short-Term Trading Opportunity (Seeking Alpha)
Acacia Research reported 2018 full-year results on March 13th, 2019. Its legacy patent portfolio did produce, but probably for the last time. The outlook for 2019 is still hazy. But there’s a key insider whose actions would indicate hope. He’s clearly and consistently purchasing shares. For the buy-and-hold investor, an investment may be inconceivable at this point. But, for the short-term trader willing to monitor the company, there could be gains to reap.

The EVP & CFO of Oasis Petroleum Inc (NYSE: OAS) is Selling Shares (Analyst Ratings)
Today, the EVP & CFO of Oasis Petroleum Inc (OAS), Michael Lou, sold shares of OAS for $241.6K. Based on Oasis Petroleum Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $600 million and quarterly net profit of $222 million. In comparison, last year the company earned revenue of $404 million and had a net profit of $125 million. Currently, Oasis Petroleum Inc has an average volume of 7.83M.

Monday 4/1 Insider Buying Report: ANH, MTEX (Nasdaq.com)
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy – they expect to make money. So let’s look at two noteworthy recent insider buys. On Friday, Anworth Mortgage Asset Corp. (ANH)’s Director, Dominique Mielle, made a $121,500 buy of ANH, purchasing 30,000 shares at a cost of $4.05 each. Anworth Mortgage Asset Corp. is trading up about 1.2% on the day Monday. And on Thursday, Director J. Stanley Fredrick bought $56,266 worth of Mannatech (MTEX), buying 3,149 shares at a cost of $17.87 each. Before this latest buy, Fredrick purchased MTEX on 5 other occasions during the past year, for a total investment of $29,097 at an average of $18.06 per share. Mannatech is trading down about 1.4% on the day Monday.

Westlake Chemical Partners LP (NYSE:WLKP) Insider Trading Activity – Major Shareholder Bought 1,401,869 shares of Stock (MarketExclusive)
Insider Trading Activity For Westlake Chemical Partners LP (NYSE:WLKP): Ttwfgp Llc , Major Shareholder of Westlake Chemical Partners LP (NYSE:WLKP) reportedly Bought 1,401,869 shares of the company’s stock at an average price of 21.4 for a total transaction amount of $29,999,996.60.

Insider Buys Of The Week: Continental Resources, Kinder Morgan, Revlon (Benzinga)
Conventional wisdom says that insiders and 10 percent owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit from it. So insider buying can be an encouraging signal for potential investors, particularly during periods of uncertainty. Here’s a look at a few notable insider purchases reported in the past week. Continental Resources: Early last week, the Continental Resources, Inc. CLR 4.21% board chair and chief executive, Harold Hamm, returned to buy another 191,800 or so shares. At prices that ranged from $42.49 to $43.25 per share, that totaled around $8.22 million. Note that Hamm also acquired 600,000 shares the previous week, and more back in February.

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