Hedge Fund and Insider Trading News: Seth Fischer, Mike Novogratz, Ray Dalio, Starboard Value, Zoom Video Communications Inc (ZM), Broadcom Inc (AVGO), and More

Kudlow Says Senators Should be ‘Significantly Punished’ If They Engaged in Insider Trading (Fox News)
National Economic Council Director Larry Kudlow said Thursday that senators facing scrutiny for moving stock in the run-up to the coronavirus crisis should be “significantly punished” if they are proven to have broken insider trading laws, in comments that departed in tone from President Trump’s assessment. Sens. Dianne Feinstein, D-Calif., Kelly Loeffler, R-Ga., Richard Burr, R-N.C. and Jim Inhofe, R-Okla., have all been reported in recent weeks to have sold large amounts of stock before the market crashed due to concerns about the coronavirus pandemic. The allegations against the senators are all separate, and each has denied any wrongdoing. Several have also either denied access to inside information, or stressed that third parties were making the trades without their input.

Zoom Video Communications Inc (ZM) CEO Eric S. Yuan Sold $16.5 million of Shares (Guru Focus)
CEO of Zoom Video Communications Inc., Eric S. Yuan, sold 140,286 shares of ZM on 04/08/2020 at an average price of $117.96 a share. The total sale was $16.5 million. Zoom Video Communications Inc has a market cap of $34.74 billion; its shares were traded at around $124.51 with a P/E ratio of 1245.10 and P/S ratio of 47.80. GuruFocus has detected 1 severe warning sign with Zoom Video Communications Inc.

Broadcom (NASDAQ: AVGO) Executives are Making Moves with Their Shares (Analyst Ratings)
Today, the SVP & Chief Sales Officer of Broadcom (AVGO), Charlie Kawwas, sold shares of AVGO for $356.4K. In addition to Charlie Kawwas, 2 other AVGO executives reported Sell trades in the last month. Based on Broadcom’s latest earnings report for the quarter ending January 31, the company posted quarterly revenue of $5.86 billion and quarterly net profit of $385 million.

Zscaler Inc (ZS) CFO Remo Canessa Sold $7.2 million of Shares (Guru Focus)
CFO of Zscaler Inc., Remo Canessa, sold 110,000 shares of ZS on 04/08/2020 at an average price of $65 a share. The total sale was $7.2 million. Zscaler Inc is a cloud security company. It engages in developing a platform incorporating core security functionalities needed to enable users to safely utilize authorized applications and services based on an organization’s policies.