Tiger Global Management on the Prowl Again in India (The Economic Times)
Tiger Global Management, one of the earliest big backers of India’s Internet story, is returning with renewed faith to the domestic startup ecosystem three years after it stopped making fresh investments in the country. The New York-based investment firm will step up investments in India from its mega $3 billion fund called Tiger Global Private Investment Partners XI, said two people with knowledge of the company’s strategy in the country.
Big Players Move in on Playtech (The Times)
Crispin Odey, the hedge fund tycoon, is expected to turn up the heat on management at Playtech after building a 5 per cent stake in the troubled gaming technology group. Odey Asset Management is believed to have been in contact with Jason Ader, the American activist investor who The Times revealed last week had quietly built a $100 million stake in Playtech. Odey is understood to have held Playtech shares since 2014.
Maxx-Studio/Shutterstock.com
Billionaire George Soros Breaks up with Micron (MU) Stock, Boosts Advanced Micro Devices (AMD) Instead (SmarterAnalyst.com)
Legendary hedge fund guru George Soros has made some intriguing chip stock moves in the second quarter. He swapped out Micron (NASDAQ:MU) for rapidly-rising chip stock Advanced Micro Devices (NYSE:AMD) – despite Micron’s robust chorus of Street supporters. Not that Soros can’t afford to take a risk. The 88-year old Hungarian-American has a personal value of approximately $8 billion according to Forbes. And this is after donating a massive $18 billion to his philanthropic agency, Open Society Foundations.
JANA Partners Boosts Gains in August (InstitutionalInvestor.com)
The activist hedge fund’s major portfolio shakeup in the second quarter continues to pay off. Barry Rosenstein’s JANA Partners extended its gains for the year for a fifth straight month.The activist hedge fund firm’s flagship fund – also called JANA Partners – gained 2.2 percent in August and is now up 9.2 percent for the year.
Insider Buying: National CineMedia, Inc. (NASDAQ:NCMI) Major Shareholder Purchases 182,439 Shares of Stock (FairFieldCurrent.com)
National CineMedia, Inc. (NASDAQ:NCMI) major shareholder General L.P. Standard bought 182,439 shares of the firm’s stock in a transaction dated Monday, August 13th. The stock was acquired at an average cost of $8.59 per share, with a total value of $1,567,151.01. The purchase was disclosed in a document filed with the SEC.
Insider Buying: Liberty Latin America Ltd Class A (NASDAQ:LILA) Insider Buys 110,000 Shares of Stock (XNewsPress.com)
Liberty Latin America Ltd (NASDAQ:LILA) insider Balan Nair bought 110,000 shares of the stock in a transaction on Friday, August 24th. The shares were bought at an average price of $18.14 per share, for a total transaction of $1,995,400.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Insider Selling: Schneider National Inc (SNDR) Insider Sells 30,000 Shares of Stock (MaconDaily.com)
Schneider National Inc (NYSE:SNDR) insider Steven J. Matheys sold 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 4th. The shares were sold at an average price of $26.71, for a total value of $801,300.00. Following the completion of the transaction, the insider now owns 778,897 shares in the company, valued at $20,804,338.87. The transaction was disclosed in a filing with the Securities & Exchange Commission.
Insider Buying: Appliance Recycling Centers of Amer Inc (NASDAQ:ARCI) CFO Buys 15,000 Shares of Stock (XNewsPress.com)
Appliance Recycling Centers of Amer Inc (NASDAQ:ARCI) CFO Virland A. Johnson acquired 15,000 shares of the firm’s stock in a transaction on Monday, August 27th. The stock was purchased at an average price of $0.78 per share, with a total value of $11,700.00. Following the acquisition, the chief financial officer now owns 230,000 shares of the company’s stock, valued at approximately $179,400. The transaction was disclosed in a document filed with the Securities & Exchange Commission.
Insider Selling: International Paper Co (NYSE:IP) Insider Sells 17,000 Shares of Stock (FairFieldCurrent.com)
International Paper Co (NYSE:IP) insider Timothy S. Nicholls sold 17,000 shares of the firm’s stock in a transaction on Tuesday, August 28th. The shares were sold at an average price of $52.53, for a total transaction of $893,010.00. Following the sale, the insider now directly owns 108,538 shares of the company’s stock, valued at $5,701,501.14. The transaction was disclosed in a document filed with the SEC.
