Danske Hedge Fund Grows on Momentum (Hedge Nordic)
Stockholm (HedgeNordic) – Danske Bank Asset Management is strengthening the team managing Danske Invest Fixed Income Global Value with the appointment of Anders Vestergård Fischer. Fischer joins Danske from the asset management arm of Danish commercial pension fund PFA, where he most recently served as a senior portfolio manager. Fischer joined PFA Asset Management in April of 2016 as portfolio manager after spending almost four years at Danske Markets. He joined the portfolio team managing Danske Invest Fixed Income Global Value – comprised of chief portfolio manager Anders Møller Lumholtz and senior portfolio manager Edi Zulfaj – at the beginning of this month.
NuStar Energy: Chairman Makes $15M Insider Purchase In This High-Yield Concern (Seeking Alpha)
We continue our recent series profiling the huge recent insider buying in the midstream energy partnership space. Today, we look at NuStar Energy which the analyst community is not currently sanguine on but whose chairman just bought $15 million worth of new shares. A profile of the company, the recent insider buy, its 8.5% distribution yield, and a quick analysis on the concern are provided in the paragraphs below.
Uber’s Other Co-Founder Garrett Camp Sells $35 Million of Stock (Barron’s)
Uber Technologies co-founder Travis Kalanick has been selling stock since the ride-hailing company’s so-called lockup period expired earlier this month. Kalanick has sold more than $1.7 billion in Uber stock so far in November. Uber’s (ticker: UBER) other co-founder, Garrett Camp, has sold stock as well, but far less. Camp, who like Kalanick remains a company director, has sold 1.27 million Uber shares in November for $35.2 million, an average selling price of $27.75 each,…
Yext Inc (YEXT) CEO Howard Lerman Sold $522,000 of Shares (Guru Focus)
CEO of Yext Inc., Howard Lerman, sold 30,000 shares of YEXT on 11/27/2019 at an average price of $17.4 a share. The total sale was $522,000. Yext Inc provides a knowledge engine platform that lets businesses manage their digital knowledge in the cloud and sync it to over 100 services including Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp. Yext Inc has a market cap of $1.95 billion; its shares were traded at around $17.26 with and P/S ratio of 6.89. GuruFocus has detected 1 severe warning sign with Yext Inc.
The Sr. VP, Chief Global Dev. Ofc. of Denny’s (NASDAQ: DENN) is Selling Shares (Analyst Ratings)
Yesterday, the Sr. VP, Chief Global Dev. Ofc. of Denny’s (DENN), Stephen C. Dunn, sold shares of DENN for $1.14M. Following Stephen C. Dunn’s last DENN Sell transaction on March 22, 2019, the stock climbed by 1.7%. The company has a one-year high of $23.88 and a one-year low of $15.53. Currently, Denny’s has an average volume of 425.84K. DENN’s market cap is $1.15B and the company has a P/E ratio of 11.00.