Monday 7/20 Insider Buying Report: DMS, GABC (Nasdaq.com)
At Digital Media Solutions (DMS), a filing with the SEC revealed that on Wednesday, Director Lyndon Lea purchased 2,000,000 shares of DMS, at a cost of $9.36 each, for a total investment of $18.72M. Lea was up about 2.9% on the buy at the high point of today’s trading session, with DMS trading as high as $9.63 at last check today. Digital Media Solutions is trading up about 2.7% on the day Monday. This purchase marks the first one filed by Lea in the past year. And also on Wednesday, Jack Sheidler purchased $20,000 worth of German American Bancorp, purchasing 665 shares at a cost of $30.07 a piece. Before this latest buy, Sheidler purchased GABC on 5 other occasions during the past twelve months, for a total investment of $23,029 at an average of $33.52 per share. German American Bancorp is trading off about 0.1% on the day Monday. Bargain hunters can pick up GABC at a price even lower than Sheidler did, with shares trading as low as $29.12 in trading on Monday — that’s 3.2% below Sheidler’s purchase price.
Garmin (GRMN) President and CEO Clifton A Pemble Sold $1.5 million of Shares (Guru Focus)
President and CEO of Garmin, Clifton A Pemble, sold 14,720 shares of GRMN on 07/17/2020 at an average price of $99.91 a share. The total sale was $1.5 million. Garmin Ltd designs, develops, manufactures, markets and distributes hand-held, wrist-based, portable, fixed-mount, positioning system enabled and other navigation, communication and sensor-based products.
The President of SYNNEX (NYSE: SNX) is Selling Shares (Analyst Ratings)
Today, the President of SYNNEX (SNX), Peter Larocque, sold shares of SNX for $199.7K. In addition to Peter Larocque, one other SNX executive reported Sell trades in the last month.
Petmed Express Inc (PETS) CEO & President Menderes Akdag Sold $1.2 million of Shares (Guru Focus)
CEO & President of Petmed Express Inc, Menderes Akdag, sold 30,000 shares of PETS on 07/16/2020 at an average price of $41 a share. The total sale was $1.2 million. PetMed Express Inc is a nationwide pet pharmacy. The Company markets prescription and non-prescription pet medications and other health products for dogs, cats, and horses direct to the consumer.
Is Senator Burr Guilty of Insider Trading under the STOCK Act? (Law.com)
On March 19, 2020, National Public Radio broke the news of a series of suspicious stock trades by U.S. Senator Richard Burr of North Carolina, the chair of the Senate Intelligence Committee and a member of the Health and Welfare Committee. On May 14, Burr resigned his chairmanship of the Intelligence Committee, following an FBI raid in which Burr’s cellphone and other records were seized.
