What Did This CEO Just Do with Personal Shares of WD-40 Company (NASDAQ: WDFC)? (Analyst Ratings)
Yesterday, the CEO & COB of WD-40 Company (WDFC), Garry Ridge, sold shares of WDFC for $6.01M. Following Garry Ridge’s last WDFC Sell transaction on November 11, 2010, the stock climbed by 218.8%. This is Ridge’s first Sell trade following 4 Buy transactions. Based on WD-40 Company’s latest earnings report for the quarter ending May 31, the company posted quarterly revenue of $136 million and quarterly net profit of $21.01 million.
Quant Hedge Fund Pioneer Aspect Capital Unveils UCITS Core Diversified Strategy (Hedge Week)
Systematic hedge fund and CTA pioneer Aspect Capital has unveiled a new daily-liquid UCITS-compliant version of its Aspect Core Diversified Programme, a medium-term quantitative trend-following strategy, to capitalise on growing demand for uncorrelated returns amid rising market uncertainty. Originally launched in 2014, the computer-driven strategy – which today has some USD1.5 billion in assets – looks to generate alpha by zeroing in on a range of medium-term trend opportunities across more than 100 liquid financial and commodity markets.
Hedge Funds Harvest the Gap Between Active and Passive (AFR)
The conventional wisdom is that the rise of low-cost, passive index tracking funds has gradually hollowed out the higher cost active managers who have simply failed to deliver the performance to justify their fees. This is largely right. But there’s a postscript to the story of the rise of passive management and exchange traded funds.
Hedge fund Dark Forest Technologies installs FlexTrade OEMS (The Trade)
US systematic hedge fund Dark Forest Technologies has gone live with the order and execution management system (OEMS) from FlexTrade. The trading systems provider said Dark Forest will use its FlexONE system to consolidate all quantitative and systematic trading capabilities onto a single platform and use its real-time trading APIs to automate orders.
How Coatue’s Arielle Zuckerberg Convinced a Hot Pandemic Startup to Quit Fundraising and Sign a Deal with a Hedge Fund (Business Insider)
LiveControl is one of the startups that prospered through a year in quarantine, with its video streaming kit that lets people set up cameras before an event and pass the controls to a remote operator, who records and switches camera angles. On Wednesday, the Los Angeles-based company revealed a $30 million funding round led by Coatue Management, just months after it closed a $3.2 million seed round. The hedge fund swooped in the same week that the founders started taking meetings with venture capitalists, and quickly convinced them to shut down the process and sign a term sheet.
Cosmos Holdings Inc (COSM) CEO Grigorios Siokas Bought $1.3 million of Shares (Guru Focus)
CEO of Cosmos Holdings Inc, Grigorios Siokas, bought 208,333 shares of COSM on 07/19/2021 at an average price of $6 a share. The total cost of this purchase was $1.3 million.
The President & CEO of Colfax (NYSE: CFX) is Buying Shares (Analyst Ratings)
Yesterday, the President & CEO of Colfax (CFX), Matthew Trerotola, bought shares of CFX for $1.78M. This recent transaction increases Matthew Trerotola’s holding in the company by 24.53% to a total of $13.53 million. Based on Colfax’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $879 million and quarterly net profit of $19.07 million.
