Mercury Systems Inc (MRCY) President and CEO Mark Aslett Sold $925,250 of Shares (Guru Focus)
President and CEO of Mercury Systems Inc., Mark Aslett, sold 12,500 shares of MRCY on 10/10/2019 at an average price of $74.02 a share. The total sale was $925,250. Mercury Systems Inc is a commercial provider of secure processing subsystems designed and made in the USA for critical defense and intelligence programs. The Company delivers affordable solutions, service and support to defense prime contractors.
Stocks With Recent Insider Buying/Selling: Umpqua Holdings Corporation (UMPQ) and Sabra Health Care REIT Inc. (SBRA) (LedgerTelegraph.com)
On Sep 04, Nixon Torran B, Sr. EVP/Chief Banking Officer sold 5,303 shares of Umpqua Holdings Corporation (NASDAQ:UMPQ), with the average selling price of the stock being $15.31 per share. The total amount realized from this sold $81,191. A document was filed with the Securities and Exchange Commission to notify the public about the sold of the shares. In addition to that, Director – MACHUCA LUIS sold an extra 10,000 shares of this stock in a transaction that took place a day before, on Jul 23, with a share sold at an average of $16.77 and a total of $167,700 was realized from this transaction. After the transaction, the Director – MACHUCA LUIS was left with 7,954 shares of the company’s stock, which is currently worth around $133388.58.
Ex-Morgan Stanley Advisor Barred After Insider Trading Conviction (Financial Advisor IQ)
The SEC has barred Michael Siva, who had worked as an advisor at Morgan Stanley. Siva worked at the wirehouse for 22 years, from 1996 to 2018. The bar comes after Siva was convicted for insider trading. Exactly one year prior to the SEC ruling, Siva pleaded guilty in federal court to conspiracy to commit securities fraud, admitting that he had received nonpublic information about potential M&A transactions and then used the information to buy stocks for himself and his clients. A Morgan Stanley spokesperson declined to comment.
The VP Operations of AxoGen is Exercising Options (Analyst Ratings)
Yesterday it was reported that the VP Operations of AxoGen (AXGN), Donovan Michael Patrick, exercised options to buy 6,500 AXGN shares at $4.36 a share, for a total transaction value of $28.4K. This recent transaction increases Donovan Michael Patrick’s holding in the company by 37.2% to a total of $295K. Following Donovan Michael Patrick’s last AXGN Buy transaction on March 14, 2017, the stock climbed by 1.8%.
SEC Charges Two Individuals with Defrauding Main Street Investors Through the Sale of Binary Options (HedgeCo.net)
(HedgeCo.Net) The Securities and Exchange Commission charged two foreign individuals, Anton Senderov and Lior Babazara a/k/a Lior Bar, with defrauding more than 2,800 U.S. investors and causing them to lose over $5 million through online sales of high-risk securities known as binary options. According to the SEC’s complaint, the defendants conned investors through two online binary options brokers they controlled, LBinary and Ivory Option. The SEC alleges that the defendants also owned and controlled LianTech Finance Marketing, Ltd., which operated a call center in Israel that functioned as a “boiler room.” Employees at the call center allegedly persuaded investors to open binary option trading accounts and deposit large sums into those accounts.
