Last Week’s Notable Insider Buys: Carnival, Citigroup And More (Benzinga)
Insiders continued to add shares despite market volatility and economic uncertainty. Here are some of the most noteworthy insider purchases reported in the past week. Biotechnology company Shattuck Labs Inc (STTK) saw beneficial owner Redmile Group step up to the buy window after the initial public offering. At $17.00 to $22.10 per share, the more than 3.44 million shares totaled nearly $59.66 million. Shares closed Friday’s trading at $20.00, down from a post-IPO high of $22.90 seen on the first day of trading. Last week, a Brookfield Asset Management Inc (BAM) director added almost 2.13 million shares at $15.00 apiece. That totaled more than $31.94 million and brought the stake to over 17.45 million shares. Note that this director also purchased around 21,000 shares of this Toronto-based alternative asset manager back in early September.
Cloudflare Inc (NET) COO Michelle Zatlyn Sold $8.6 million of Shares (Guru Focus)
COO of Cloudflare Inc, Michelle Zatlyn, sold 146,000 shares of NET on 10/16/2020 at an average price of $58.75 a share. The total sale was $8.6 million. Cloudflare Inc has a market cap of $17.82 billion; its shares were traded at around $58.29 with and P/S ratio of 37.67. GuruFocus has detected 1 severe warning sign with Cloudflare Inc.
The Chief Executive Officer of Corvus Gold (NASDAQ: KOR) is Selling Shares (Analyst Ratings)
Today, the Chief Executive Officer of Corvus Gold (KOR), Jeffrey A Pontius, sold shares of KOR for $898.5K. In addition to Jeffrey A Pontius, 4 other KOR executives reported Sell trades in the last month. Following Jeffrey A Pontius’ last KOR Sell transaction on November 20, 2018, the stock climbed by 0.7%. Currently, Corvus Gold has an average volume of 343.10K. The company has a one-year high of $3.29 and a one-year low of $0.72. The Company has a Price to Book ratio of 27.50.
Insider Trading (Star Tribune)
Best Buy Co. Inc. Richard M. Schulze, beneficial owner. Shares sold: 750,000 Price: Date: Oct. 6-7 $115.08-$118.16. Indirectly holds: 26,531,712. Donaldson Co. Inc. Michael J. Hoffman, director. Exercised options: 14,400 Price: $29.50. Date: Oct. 9 Directly holds: na. H.B. Fuller Co. Robert J. Martsching, officer. Exercised options: 4,315 Price: $22.27. Shares sold: 4,315 Price: $50.35. Date: Oct. 9 Directly holds: 10,041.
Fedex Corp (FDX) President and CEO/FedEx Ground Henry J Maier Sold $2.1 million of Shares (Guru Focus)
President and CEO/FedEx Ground of Fedex Corp., Henry J Maier, sold 7,322 shares of FDX on 10/16/2020 at an average price of $283.22 a share. The total sale was $2.1 million. FedEx Corp is the world’s largest express courier delivery firm. The company provides courier services through various divisions which include express, ground, office, freight, cross border, trade networks and supply chain.
