Englander’s Millennium Is Returning $8 Billion to Investors (Bloomberg)
Izzy Englander’s Millennium Management plans to return $8 billion to investors at year-end as part of its effort to create a more stable capital base. The money will come from a share class that can be redeemed in full after a year, people with knowledge of the matter said. The firm’s shorter-term capital accounts for about 70% of its $47 billion in assets under management.
Friday 11/20 Insider Buying Report: MBI, PAND (Nasdaq.com)
At MBIA, a filing with the SEC revealed that on Wednesday, CEO & President William C. Fallon purchased 100,000 shares of MBI, at a cost of $6.17 each, for a total investment of $617,000. Fallon was up about 6.3% on the purchase at the high point of today’s trading session, with MBI trading as high as $6.56 in trading on Friday. MBIA is trading up about 6.5% on the day Friday. This buy marks the first one filed by Fallon in the past twelve months. And also on Wednesday, Director Daniel J. Becker purchased $449,400 worth of Pandion Therapeutics, purchasing 29,394 shares at a cost of $15.29 each. Before this latest buy, Becker made one other buy in the past year, purchasing $13.02M shares at a cost of $18.00 a piece. Pandion Therapeutics is trading up about 11.1% on the day Friday. So far Becker is in the green, up about 12.2% on their buy based on today’s trading high of $17.15.
Pinterest Inc (PINS) Chairman, President, CEO, Co-F Benjamin Silbermann Sold $20.3 million of Shares (Guru Focus)
Chairman, President, CEO, Co-F of Pinterest Inc, Benjamin Silbermann, sold 315,000 shares of PINS on 11/19/2020 at an average price of $64.46 a share. The total sale was $20.3 million. Pinterest Inc has a market cap of $40.76 billion; its shares were traded at around $65.95 with and P/S ratio of 27.82. GuruFocus has detected 1 severe warning sign with Pinterest Inc.
The CEO & President of EWI Inc. of Euronet Worldwide (NASDAQ: EEFT) is Buying Shares (Analyst Ratings)
Yesterday, the CEO & President of EWI Inc. of Euronet Worldwide (EEFT), Michael J Brown, bought shares of EEFT for $1.4M. Following this transaction Michael J Brown’s holding in the company was increased by 4.73% to a total of $232 million. Over the last month, Michael J Brown has reported another 3 Buy trades on EEFT for a total of $13.87M.
Agco Corp (AGCO) Chairman, President and CEO Martin Richenhagen Sold $27.1 million of Shares (Guru Focus)
Chairman, President and CEO of Agco Corp., Martin Richenhagen, sold 288,866 shares of AGCO on 11/18/2020 at an average price of $93.82 a share. The total sale was $27.1 million. AGCO Corp is a Georgia-based company which manufactures and distributes agricultural equipment and related replacement parts in various parts of the country. It sells a full range of agricultural equipment, including tractors, combines, among others.
