Hedge Fund and Insider Trading News: Nelson Peltz, Aurelius Capital Management, PQ Group Holdings Inc (PQG), Omega Healthcare Investors Inc (OHI), and More

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A Director at Omega Healthcare (NYSE: OHI) is Selling Shares (AnalystRatings)
Today, a Director at Omega Healthcare (OHI), Ben Perks, sold shares of OHI for $112.9K. This is Perks’ first transaction since reporting a Sell transaction on NCI back in June 2007 In addition to Ben Perks, one other OHI executive reported Sell trades in the last month. OHI’s market cap is $7.55B and the company has a P/E ratio of 27.77. Currently, Omega Healthcare has an average volume of 341.4K.

Ex-McKinsey Chief Gupta Says He was in Solitary for Weeks in U.S. Jail (Reuters)
NEW DELHI (Reuters) – Rajat Gupta, one of the most prominent members of the global financial elite until he was convicted of insider trading in 2012, has revealed he was kept in solitary confinement for weeks during his incarceration in an American federal prison. Gupta, who ran the global management consultants McKinsey for nine years and was on the board of investment bank Goldman Sachs, said he was twice placed in a “special housing unit” – a euphemism for solitary confinement – at the Devens Correctional Facility in Ayer, Massachusetts.

Tuesday 3/26 Insider Buying Report: PQG, CLDR (Nasdaq.com)
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy – they expect to make money. So let’s look at two noteworthy recent insider buys. On Friday, PQ Group Holdings’s Director, Jonny Ginns, made a $199,925 purchase of PQG, buying 13,112 shares at a cost of $15.25 each. PQ Group Holdings is trading up about 1.7% on the day Tuesday. And at Cloudera, there was insider buying on Thursday, by Director Michael A. Stankey who bought 10,000 shares for a cost of $11.55 each, for a trade totaling $115,500. Before this latest buy, Stankey made one other buy in the past year, purchasing $324,848 shares at a cost of $12.99 a piece.

Insider Trading: FCA Acts on ‘Minute’ Fraction of Tip-offs, City Firm Finds (Lawgazette.co.uk)
The Financial Conduct Authority (FCA) has received more than 5,000 tip-offs alleging suspected insider trading but has opened just a tiny fraction of that number for investigations, a white-collar defence firm has said. According to a freedom of information (FoI) request filed by international firm Greenberg Traurig, the FCA received 5,107 tip-offs in 2018. However, between 1 April 2018 and 4 March 2019 it opened 61 investigations. The tip-offs alleged suspected insider dealing and were made under the Suspicious Transaction and Order Report regime (STOR). A similar pattern occurred for the preceding two years, the firm said. The response also confirms that since 1 April 2014, the FCA has commenced nine prosecutions for insider dealing, resulting in six convictions.

Dollar General Corp. (NYSE:DG) Insider Trading Activity – EVP Sold 78,987 shares of Stock (MarketExclusive)
Insider Trading Activity For Dollar General Corp. (NYSE:DG): Robert D Ravener , EVP of Dollar General Corp. (NYSE:DG) reportedly Sold 78,987 shares of the company’s stock at an average price of 117.78 for a total transaction amount of $9,303,088.86.

Insider trading: March 26, 2019 (BIV)
The following is a list of stock trades made by corporate executives, directors and other company insiders of B.C.’s public companies filed in the week ended March 20, 2019. The information comes from a compilation of required reports filed with the BC Securities Commission obtained from DisclosureNet.com. Insider Don Lay, 10% owner. Company: Medallion Resources Ltd. (TSX-V:MDL). Shares owned: 215,678. Trade date: March 15. Trade total: $298,500. Trade: Sale of 3,185,000 shares at prices ranging between $0.09 and $0.10 per share.







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