What Did This CEO Just Do with Personal Shares of Alphabet (NASDAQ: GOOGL)? (Analyst Ratings)
Yesterday, the CEO of Alphabet (GOOGL), Sundar Pichai, sold shares of GOOGL for $11.38M. Following Sundar Pichai’s last GOOGL Sell transaction on September 27, 2019, the stock climbed by 113.8%. In addition to Sundar Pichai, 3 other GOOGL executives reported Sell trades in the last month.
Snap-on Inc (SNA) Chairman, President and CEO Nicholas T Pinchuk Sold $3.3 million of Shares (Guru Focus)
Chairman, President and CEO of Snap-on Inc., Nicholas T Pinchuk, sold 19,293 shares of SNA on 12/26/2019 at an average price of $168.66 a share. The total sale was $3.3 million. Snap-on Inc manufactures and markets tools, equipment, diagnostics, repair information and systems solutions for professional users. The product range consists of hand and power tools, tool storage, fuel and engine systems, and hand-held diagnostics. Snap-on Inc has a market cap of $9.26 billion; its shares were traded at around $168.84 with a P/E ratio of 13.58 and P/S ratio of 2.32.
A Director at Vera Bradley (NASDAQ: VRA) is Buying Shares (Analyst Ratings)
Yesterday, a Director at Vera Bradley (VRA), Michael P. Miller, bought shares of VRA for $10.36M. This recent transaction increases Michael P. Miller’s holding in the company by 19.14% to a total of $64.59 million. This is Miller’s first Buy trade following 3 Sell transactions.
Visa Inc (V) CHAIRMAN & CEO Alfred F Jr Kelly Sold $1.3 million of Shares (Guru Focus)
CHAIRMAN & CEO of Visa Inc., Alfred F Jr Kelly, sold 7,000 shares of V on 12/30/2019 at an average price of $189.31 a share. The total sale was $1.3 million. Visa Inc is a payments technology company working to enable consumers, businesses, banks and governments to use fast, secure and reliable digital currency. The Company operates processing networks – VisaNet. Visa Inc has a market cap of $417.43 billion; its shares were traded at around $187.83 with a P/E ratio of 35.30 and P/S ratio of 18.56.
‘King of Political Intelligence’ Insider Conviction Upheld (Bloomberg)
A federal appeals court upheld the insider-trading conviction of David Blaszczak, the one-time “King of Political Intelligence” who got a year in prison for profiting from government secrets in a ruling that may make it easier for prosecutors to win insider-trading cases in the future. Blaszczak, a Washington consultant and former Medicare official, was convicted in 2018 of giving two hedge funds advance word on changes to government reimbursement rates. A federal jury found that he provided the clients with tips he picked up from ex-colleagues who were still in government.
