Hedge Fund and Insider Trading News: Paul Tudor Jones, Bill Ackman, Marc Lasry, David Tepper, Third Point LLC, Adaptive Biotechnologies Corp (ADPT), Open Text Corp (OTEX), and More

Page 2 of 2

The Chairman of Open Text (NASDAQ: OTEX) is Selling Shares (Analyst Ratings)
Today, the Chairman of Open Text (OTEX), P Thomas Jenkins, sold shares of OTEX for $22.34M. Following P Thomas Jenkins’ last OTEX Sell transaction on November 05, 2019, the stock climbed by 3.2%. In addition to P Thomas Jenkins, 4 other OTEX executives reported Sell trades in the last month.

Thursday 6/11 Insider Buying Report: AMG, KLXE (Nasdaq.com)
At Affiliated Managers Group, a filing with the SEC revealed that on Wednesday, Director Dwight D. Churchill bought 1,000 shares of AMG, at a cost of $77.94 each, for a total investment of $77,940. Investors have the opportunity to buy AMG even cheaper than Churchill did, with the stock trading as low as $71.29 at last check today which is 8.5% below Churchill’s purchase price. Affiliated Managers Group is trading down about 6.2% on the day Thursday. Before this latest buy, Churchill bought AMG at 2 other times during the past twelve months, for a total investment of $273,685 at an average of $78.20 per share. And on Monday, Director Theodore L. Weise purchased $74,467 worth of KLX Energy Services Holdings, purchasing 26,475 shares at a cost of $2.81 each. Before this latest buy, Weise made one other purchase in the past year, buying $28,500 shares for a cost of $9.50 each. KLX Energy Services Holdings is trading down about 18.9% on the day Thursday. Investors can buy KLXE even cheaper than Weise did, with shares changing hands as low as $2.20 in trading on Thursday which is 21.8% below Weise’s purchase price.

Adaptive Biotechnologies Corp (ADPT) CFO Chad M Cohen Sold $1.2 million of Shares (Guru Focus)
CFO of Adaptive Biotechnologies Corp., Chad M Cohen, sold 30,000 shares of ADPT on 06/09/2020 at an average price of $39.35 a share. The total sale was $1.2 million. Adaptive Biotechnologies Corp has a market cap of $5.55 billion; its shares were traded at around $43.73 with and P/S ratio of 19.56. GuruFocus has detected 1 severe warning sign with Adaptive Biotechnologies Corp.

Insider Buys Thermon Group’s Shares (Benzinga)
Shares of Thermon Group Holdings Inc (NYSE:THR) fell by 8.4% from the previous closing price. Nesser John T Iii filed a Form 4 with the SEC on Wednesday, June 10. The insider bought 2,942 shares at an average price of $15.90. After the transaction, the executive’s stake in Thermon Group Holdings Inc. moved to 27,500 shares.

SEC Awards Record Payout of Nearly $50 Million to Whistleblower (HedgeCo.net)
(HedgeCo.Net) The Securities and Exchange Commission has announced a nearly $50 million whistleblower award to an individual who provided detailed, firsthand observations of misconduct by a company, which resulted in a successful enforcement action that returned a significant amount of money to harmed investors. This is the largest amount ever awarded to one individual under the SEC’s whistleblower program. The next largest is a $39 million award to an individual in 2018. Two individuals also shared a nearly $50 million whistleblower award that same year. “This award marks several milestones for the whistleblower program,” said Jane Norberg, Chief of the SEC’s Office of the Whistleblower.

Page 2 of 2