Hedge Fund and Insider Trading News: T. Boone Pickens, Leon Cooperman, Starboard Value LP, Livermore Partners, Appian Corp (APPN), Meredith Corporation (MDP), and More

Appian Corp (APPN) CEO and President Matthew W Calkins Sold $20.9 million of Shares (Guru Focus)
CEO and President of Appian Corp, Matthew W Calkins, sold 375,000 shares of APPN on 09/09/2019 at an average price of $55.7 a share. The total sale was $20.9 million. Appian Corp provides low-code software development platform as a service that enables organizations to rapidly develop powerful and unique applications. Appian Corp has a market cap of $3.12 billion; its shares were traded at around $48.12 with and P/S ratio of 12.71.

Wednesday 9/11 Insider Buying Report: MDP, COMM (Nasdaq.com)
At Meredith, a filing with the SEC revealed that on Monday, CEO Thomas H. Harty bought 12,000 shares of MDP, at a cost of $35.02 each, for a total investment of $420,240. So far Harty is in the green, up about 9.0% on their buy based on today’s trading high of $38.17. Meredith is trading up about 7.4% on the day Wednesday. And also on Monday, Director L. William Krause bought $252,248 worth of CommScope Holding, buying 21,250 shares at a cost of $11.87 each. CommScope Holding is trading up about 3.2% on the day Wednesday. So far Krause is in the green, up about 9.3% on their buy based on today’s trading high of $12.97.

The SVP of Trimble Navigation Limited (NASDAQ: TRMB) is Selling Shares (Analyst Ratings)
Yesterday, the SVP of Trimble Navigation Limited (TRMB), James Kirkland, sold shares of TRMB for $102.6K. In addition to James Kirkland, 3 other TRMB executives reported Sell trades in the last month. Based on Trimble Navigation Limited’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $855 million and quarterly net profit of $94.6 million.

Insider Trading: A Fool-proof System Just Does Not Exist as Yet (IOL.co.za)
PRETORIA – It is said that a listed share price, at any given time, correctly reflects the opinion/value of buyers and sellers based on all publicly available information regarding that particular share. It is no wonder, then, that passive asset management has gained the upper hand compared to actively managed funds. The latter charges higher fees by comparison, due to the higher cost associated human resource fees charged by their counterparts. A passive asset manager does not try to out-perform the market through a selection process, which is based on a consideration that at a given time some shares are under-valued while others may be over-valued.

Shockwave Medical Inc (SWAV) CFO Dan Puckett Sold $2.6 million of Shares (Guru Focus)
CFO of Shockwave Medical Inc., Dan Puckett, sold 75,000 shares of SWAV on 09/09/2019 at an average price of $34.71 a share. The total sale was $2.6 million. ShockWave Medical Inc has a market cap of $967.230 million; its shares were traded at around $34.51 . GuruFocus has detected 1 severe warning sign with ShockWave Medical Inc.