Wednesday 5/20 Insider Buying Report: CRTX, CARR (Nasdaq.com)
At Cortexyme, a filing with the SEC revealed that on Tuesday, Director David Lamond purchased 44,648 shares of CRTX, at a cost of $55.35 each, for a total investment of $2.47M. So far Lamond is in the green, up about 6.5% on their purchase based on today’s trading high of $58.94. Cortexyme is trading up about 4.1% on the day Wednesday. And at Carrier Global, there was insider buying on Monday, by CEO David L. Gitlin who bought 57,580 shares at a cost of $17.45 each, for a trade totaling $1.00M. This purchase marks the first one filed by Gitlin in the past year. Carrier Global is trading up about 6.4% on the day Wednesday. Gitlin was up about 9.2% on the buy at the high point of today’s trading session, with CARR trading as high as $19.05 at last check today.
The CEO & Chairman of Microchip (NASDAQ: MCHP) is Buying Shares (Analyst Ratings)
Yesterday, the CEO & Chairman of Microchip (MCHP), Steve Sanghi, bought shares of MCHP for $3.11M. In addition to Steve Sanghi, 3 other MCHP executives reported Buy trades in the last month. The company has a one-year high of $112.47 and a one-year low of $53.15. MCHP’s market cap is $21.78 billion and the company has a P/E ratio of 37.60.
Mettler-toledo International Inc (MTD) President and CEO Oliver A Filliol Sold $9.4 million of Shares (Guru Focus)
President and CEO of Mettler-toledo International Inc., Oliver A Filliol, sold 13,200 shares of MTD on 05/19/2020 at an average price of $714.77 a share. The total sale was $9.4 million. Mettler-Toledo International Inc supplies weighing and precision instruments to customers in the life sciences, industrial and food retail industries.
DOJ Centralizes Control Of Sensitive Senate Insider-Trading Probes (HotAir.com)
Multiple U.S. Attorney’s offices — including the Southern District of New York — wanted to handle insider trading investigations of lawmakers, one of the sources said, but all the probes have been centralized in D.C. It would have been logical for SDNY to have jurisdiction: Wall Street is located there, and the district has extensive experience investigating and prosecuting complex financial cases. Other offices that telegraphed interest were the residences of potential targets. Spokespersons for the Justice Department and SDNY declined to comment…