Hedge Fund and Insider Trading News: Steven A. Cohen, Ray Dalio, Argonaut Capital, Sachem Head Capital Management, Jericho Capital Asset Management, Guardant Health Inc (GH), Toll Brothers Inc (TOL), and More

Hedge Fund Man Group To Return USD100 Million Via Share Buyback (Morningstar.co.uk)
(Alliance News) – Man Group PLC on Friday said it will launch a new share buyback programme of up to USD100 million. The share repurchase programme is in line with the company’s policy to “distribute capital to shareholders while maintaining a prudent balance sheet”, the FTSE 250-listed company said. Under the share buyback programme, which will run for one year until September 17, 2021, Man expects to buy around 66 million shares. It has appointed JPMorgan Securities PLC to manage the share buyback programme.

Guardant Health Inc (GH) CEO Helmy Eltoukhy Sold $54.8 million of Shares (Guru Focus)
CEO of Guardant Health Inc., Helmy Eltoukhy, sold 534,578 shares of GH on 09/17/2020 at an average price of $102.49 a share. The total sale was $54.8 million. Guardant Health Inc has a market cap of $10.02 billion; its shares were traded at around $100.75 with and P/S ratio of 36.94. GuruFocus has detected 1 severe warning sign with Guardant Health Inc.

GMD, 2 Executive Directors Buy 5 million Additional Units of Zenith Bank PLC Shares (Nairametrics.com)
Zenith Bank Plc, Group Managing Director, Mr Ebenezer Onyeagwu, and two Executive Directors, Messrs. Dennis Olisa and Ahmed Umar Shuaib, have purchased an aggregate of 5 million units of additional Zenith Bank Plc shares. This was disclosed by the bank, in a notification sent to the Nigerian Stock Exchange, and seen by Nairametrics.

The CFO of Toll Brothers (NYSE: TOL) is Selling Shares (Analyst Ratings)
Today, the CFO of Toll Brothers (TOL), Martin Connor, sold shares of TOL for $900K. In addition to Martin Connor, 7 other TOL executives reported Sell trades in the last month. The company has a one-year high of $49.31 and a one-year low of $13.28. TOL’s market cap is $5.55 billion and the company has a P/E ratio of 13.10.

Pinterest Inc (PINS) Chairman, President, CEO, Co-F Benjamin Silbermann Sold $11.6 million of Shares (Guru Focus)
Chairman, President, CEO, Co-F of Pinterest Inc., Benjamin Silbermann, sold 315,000 shares of PINS on 09/17/2020 at an average price of $36.97 a share. The total sale was $11.6 million. Pinterest Inc has a market cap of $21.97 billion; its shares were traded at around $36.59 with and P/S ratio of 17.02. GuruFocus has detected 1 severe warning sign with Pinterest Inc.