Hedge Fund and Insider Trading News: Michael Burry, Ken Griffin, Bridgewater Associates, Great Elm Group Inc (GEG), Luminar Technologies, Inc. (LAZR), and More

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Want to Effortlessly Invest Like Warren Buffett? Try This Advice. (The Motley Fool)
Investing can be simple if you follow this strategy. Investing can feel daunting. With thousands of stocks to choose from, it’s enough to make your head spin. Investors would love to achieve results like legendary investor Warren Buffett. The Oracle of Omaha has delivered exceptional returns for investors since taking over as CEO at Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) in 1965. Buffett has displayed an uncanny ability to invest in companies that withstand the test of time. However, his advice to most investors may come as a surprise.

Legendary Value Investor Seth Klarman is Selling These 5 Stocks in 2023 (Insider Monkey)
In this article, we discuss the 5 stocks that legendary value investor Seth Klarman is selling in 2023. If you want to see more stocks in this selection, check out Legendary Value Investor Seth Klarman is Selling These 10 Stocks in 2023. 5. Outbrain Inc. (NASDAQ:OB): Percentage of Stake Sold: 100%. Number of Hedge Fund Holders: 13. Outbrain Inc. (NASDAQ:OB) operates a recommendation platform worldwide. Its product suite, called Outbrain Engage, is designed for media partners and offers data-driven recommendations to enhance user engagement. The platform provides a dashboard for managing and controlling different elements, such as content, formats, sources, frequency, and categories of ads delivered on media properties. In Q1 2023, Seth Klarman dumped the entirety of his stake in Outbrain Inc. (NASDAQ:OB), which comprised 153,231 shares worth $555,000 in the prior quarter.

Is Now The Time To Invest In Pepe Coin? Crypto Hedge Fund Manager Weighs In (Tech Round)
While some people believe that Pepe Coin has reached its maximum potential, it’s important to know that various factors influence the crypto market. Recent news about the risks of the US default without a debt ceiling increase and the potential for increased government printing of money to fund the national deficit has created liquidity in the crypto market. This liquidity extends to meme coins like Pepe Coin, suggesting that it might signal a crypto summer’s onset.

Tuesday 5/23 Insider Buying Report: GEG, TNDM (Nasdaq.com)
On Monday, Great Elm Group’s , Matthew A. Drapkin, made a $592,302 purchase of GEG, buying 296,603 shares at a cost of $2.00 a piece. So far Drapkin is in the green, up about 8.7% on their buy based on today’s trading high of $2.17. Great Elm Group is trading up about 4.4% on the day Tuesday. Before this latest buy, Drapkin purchased GEG on 20 other occasions during the past year, for a total investment of $1.75M at an average of $2.20 per share. And at Tandem Diabetes Care, there was insider buying on Monday, by Director Dick Allen who bought 10,000 shares for a cost of $29.47 each, for a trade totaling $294,687. This purchase marks the first one filed by Allen in the past twelve months. Tandem Diabetes Care is trading up about 4.5% on the day Tuesday. Allen was up about 5.2% on the buy at the high point of today’s trading session, with TNDM trading as high as $30.99 in trading on Tuesday.

$12.5M Bet On Energy Transfer? Check Out These 4 Stocks Insiders Are Buying (Benzinga)
Luminar Technologies: The Trade: Luminar Technologies, Inc. (LAZR) Director, Chairperson, President & CEO Austin Russell acquired a total 1,475,685 shares an average price of $6.03. To acquire these shares, it cost around $8.9 million. Royalty Pharma: The Trade: Royalty Pharma PLC (RPRX) Director, CEO, Chairman of the Board Pablo G Legorreta acquired a total of 230,000 shares at an average price of $33.38. To acquire these shares, it cost around $7.68 million.

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