Hedge Fund and Insider Trading News: The Children’s Investment Fund, JDP Capital Management, Standard Motor Products, Inc. (SMP), Chembio Diagnostics Inc (CEMI), and More

The EVP, Chief Science and Technology Officer of Chembio Diagnostics (NASDAQ: CEMI) is Selling Shares (Analyst Ratings)
Today, the EVP, Chief Science and Technology Officer of Chembio Diagnostics (CEMI), Javan Esfandiari, sold shares of CEMI for $214.3K. Following Javan Esfandiari’s last CEMI Sell transaction on March 16, 2017, the stock climbed by 1.8%. Based on Chembio Diagnostics’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $8.3 million and GAAP net loss of $2.82 million. In comparison, last year the company earned revenue of $7.72 million and had a GAAP net loss of $652.3K. Currently, Chembio Diagnostics has an average volume of 19.5K.

The EC of Standard Motor Products (NYSE: SMP) is Selling Shares (Analyst Ratings)
Today, the EC of Standard Motor Products (SMP), Lawrence Sills, sold shares of SMP for $625.3K. Following Lawrence Sills’ last SMP Sell transaction on September 01, 2017, the stock climbed by 1.8%. In addition to Lawrence Sills, 2 other SMP executives reported Sell trades in the last month. Based on Standard Motor Products’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $284 million and quarterly net profit of $12.22 million. In comparison, last year the company earned revenue of $262 million and had a net profit of $7.99 million. SMP’s market cap is $1.02B and the company has a P/E ratio of 22.06. Currently, Standard Motor Products has an average volume of 69.39K

Notable Insider Buys This Past Week: Bunge, Hain Celestial And More (Benzinga)
Medicines Company: The Medicines Company MDCO 2.02% saw a director last week indirectly acquire 431,000 shares of this biopharmaceutical company at $33.13 to $34.50 apiece. The transactions totaled more than $14.6 million. Note that this same director purchased 855,000 shares back in early March, when the share price was near $25. The director’s stake was last seen at over 4.06 million shares.

Colgate-Palmolive (India) Ltd. – Amendment Of Insider Trading Code Of Conduct (TheHinduBusinessLine.com)
The Board of Directors of the Colgate – Palmolive (India) Limited at their meeting held today has approved the revised Insider Trading Code of Conduct of the Company.