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Hedge Fund and Insider Trading News: Ray Dalio, Nelson Peltz, Weight Watchers International, Inc. (WTW), Xeris Pharmaceuticals Inc (XERS), Carolina Financial Corporation (CARO), and More

Insiders Buy at Hartford Financial, Weight Watchers (GuruFocus)
Weight Watchers: I find Weight Watchers meetings painfully dull, but the stock looks rather exciting to me. As recently as June 2018, less than nine months ago, Weight Watchers International Inc. (NASDAQ:WTW) shares sold for just over $100. Friday’s quote was under $20. Has the company gone down the tubes? I’d say no. Profits last year were $224 million on sales of $1.5 billion. Neither figure was a record but it was one of the company’s better years. Last month, Weight Watchers said that its number of subscribers had declined to about 3.9 million people from 4.2 million a quarter earlier. It estimated 2019 revenue at about $1.4 billion, also a decline. The stock dropped 25% in a day, and a cluster of shareholder class action lawsuits followed.

Wednesday 3/13 Insider Buying Report: XERS, ATEC (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. At Xeris Pharmaceuticals (XERS), a filing with the SEC revealed that on Monday, See Remarks Paul R. Edick bought 30,000 shares of XERS, at a cost of $9.12 each, for a total investment of $273,585. So far Edick is in the green, up about 6.6% on their buy based on today’s trading high of $9.72. Xeris Pharmaceuticals is trading up about 4.8% on the day Wednesday. This buy marks the first one filed by Edick in the past twelve months.

The President of Carolina Financial Corporation (NASDAQ: CARO) is Selling Shares (AnalystRatings)
Today, the President of Carolina Financial Corporation (CARO), Huggins, sold shares of CARO for $179.3K. Based on Carolina Financial Corporation’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $52.42 million and quarterly net profit of $15.44 million. In comparison, last year the company earned revenue of $40.65 million and had a net profit of $6.33 million. CARO’s market cap is $807.5M and the company has a P/E ratio of 16.12. Currently, Carolina Financial Corporation has an average volume of 7,605.

CMA To Retain Ksh458 Million ‘Income’ For Insider Trading Suspects In KenolKobil Takeover Deal (KahawaTungu)
Insider trading suspects led by Aly-Khan Satchu will have to forgo the amount they were to gain in Kenolkobil takeover deal, the Capital Markets Authority (CMA) has announced. CMA announced that the suspects were set to pocket an estimated Ksh458 million in the Ksh26 billion takeover by French firm Rubis Energie. In a statement, CMA said that the cash is contained in 14 accounts that were involved in dubious transactions last year at the commencement of the takeover deal.

Pzena Investment Management LLC Buys Lear Corp, General Electric Co, American International Group Inc, Sells Express Scripts Holding Co, Dover Corp, Murphy Oil Corp (GuruFocus)
New York, NY, based Investment company Pzena Investment Management LLC buys Lear Corp, General Electric Co, American International Group Inc, Stanley Black & Decker Inc, National Oilwell Varco Inc, Cigna Corp, Juniper Networks Inc, Gildan Activewear Inc, Halliburton Co, Varex Imaging Corp, Jabil Inc, Ryder System Inc, AECOM, JELD-WEN Holding Inc, Flex, WSFS Financial Corp, Avangrid Inc, REV Group Inc, C&J Energy Services Inc, KBR Inc, Synovus Financial Corp, Taiwan Semiconductor Manufacturing Co, and a lot more during the 3-months ended 2018Q4, according to the most recent filings of the investment company, Pzena Investment Management LLC. As of 2018Q4, Pzena Investment Management LLC owns 183 stocks with a total value of $17.1 billion. These are the details of the buys and sells.

TransDigm Group Incorporated (NYSE:TDG) Insider Trading Activity – Chairman Sold 17,083 shares of Stock (MarketExclusive)
Insider Trading Activity For TransDigm Group Incorporated (NYSE:TDG): W Nicholas Howley , Chairman of TransDigm Group Incorporated (NYSE:TDG) reportedly Sold 17,083 shares of the company’s stock at an average price of 430.45 for a total transaction amount of $7,353,377.35.

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