Hedge Fund and Insider Trading News: Marshall Wace, Taconic Capital Advisors, Yonge Street Capital, Rayonier Inc. (RYN), Napco Security Technologies Inc (NSSC), and More

Over 70 per cent of Hedge Fund Firms are Confident About Business Prospects in 2021, Says New AIMA HFCI Index (Hedge Week)
Over 70 per cent of hedge fund firms are positive about their business prospects for the coming year, according to AIMA’s new Hedge Fund Confidence Index (HFCI). The average measure for hedge fund firms globally is +14 on a scale of -50 to +50, while firms in the Americas – including Latin America – are the most confident recording a score of +20. By comparison, the average score for EMEA firms is +10, while APAC respondents indicated a confidence rating of +11.

Transocean’s $1.5 Billion Restructuring Survives Hedge-Fund Lawsuit (MarketScreener)
A federal judge upheld a $1.5 billion debt restructuring by offshore-drilling contractor Transocean Ltd., ruling against a hedge-fund bondholder that claimed it was treated unfairly as the company took steps to survive a turbulent oil market. Judge George B. Daniels of the U.S. District Court in New York rejected efforts by Whitebox Advisors LLC to call a debt default against Transocean during a painful period for deep-water drilling that has sent several peer companies to bankruptcy.

Napco Security Technologies Inc (NSSC) President, CEO and Secretary Richard Soloway Sold $55.2 million of Shares (Guru Focus)
President, CEO and Secretary of Napco Security Technologies Inc, Richard Soloway, sold 2,233,071 shares of NSSC on 12/15/2020 at an average price of $24.7 a share. The total sale was $55.2 million. NAPCO Security Technologies Inc is engaged in manufacturing of security products, encompassing access control systems, door security products, intrusion and fire alarm systems and video surveillance products.

What Did This CEO Just Do with Personal Shares of Rayonier (NYSE: RYN)? (Analyst Ratings)
Yesterday, the CEO of Rayonier (RYN), David Nunes, sold shares of RYN for $228.8K. Following David Nunes’ last RYN Sell transaction on June 15, 2020, the stock climbed by 7.1%. This is Nunes’ first Sell trade following 5 Buy transactions.

Zoominfo Technologies Inc (ZI) CEO Henry Schuck Sold $16.6 million of Shares (Guru Focus)
CEO of Zoominfo Technologies Inc, Henry Schuck, sold 400,000 shares of ZI on 12/15/2020 at an average price of $41.41 a share. The total sale was $16.6 million. ZoomInfo Technologies Inc has a market cap of $16.9 billion; its shares were traded at around $43.400000 with and P/S ratio of 21.22.