Hedge Fund and Insider Trading News: Warren Buffett, Alan Howard, Nelson Peltz, Range Resources Corp (RRC), Randolph Bancorp Inc (RNDB), and More

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A Director at Range Resources Corp (RRC) is Buying Shares (SmarterAnalyst)
Today, a Director at Range Resources Corp (RRC), James Funk, bought shares of RRC for $97.9K. Following this transaction James Funk’s holding in the company was increased by 16.64% to a total of $690.5K. In addition to James Funk, one other RRC executive reported Buy trades in the last month. Based on Range Resources Corp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $972 million and GAAP net loss of $1.76 billion. In comparison, last year the company earned revenue of $654 million and had a net profit of $219 million. Currently, Range Resources Corp has an average volume of 2.37M.

The EVP & CFO of Cimpress (NASDAQ: CMPR) is Buying Shares (AnalystRatings)
Today, the EVP & CFO of Cimpress (CMPR), Sean Edward Quinn, bought shares of CMPR for $102.7K. This recent transaction increases Sean Edward Quinn’s holding in the company by 113.45% to a total of $193K. Based on Cimpress’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $826 million and quarterly net profit of $69.01 million. In comparison, last year the company earned revenue of $762 million and had a net profit of $29.94 million. CMPR’s market cap is $2.34B and the company has a P/E ratio of 52.32. Currently, Cimpress has an average volume of 114.9K.

Tuesday 3/12 Insider Buying Report: LION, BCO (Nasdaq.com)
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys. On Thursday, Fidelity Southern’s Director, Rankin M. Smith Jr., made a $305,000 purchase of LION, buying 10,000 shares at a cost of $30.50 each. Smith Jr. was up about 1.1% on the purchase at the high point of today’s trading session, with LION trading as high as $30.85 at last check today. Fidelity Southern is trading off about 0.4% on the day Tuesday. Before this latest buy, Smith Jr. made one other buy in the past year, purchasing $378,746 shares at a cost of $25.25 a piece.

Randolph Bancorp Inc (RNDB) President and CEO James P Mcdonough Bought $302,400 of Shares (FuruFocus)
President and CEO of Randolph Bancorp Inc (NASDAQ:RNDB) James P Mcdonough bought 20,000 shares of RNDB on 03/08/2019 at an average price of $15.12 a share. The total cost of this purchase was $302,400. Randolph Bancorp Inc is a bank holding company. The company through its holding provides financial services to individuals, families and small to mid-size businesses. Randolph Bancorp Inc has a market cap of $89.890 million; its shares were traded at around $15.10 with and P/S ratio of 3.15.

Tesla Whistleblower: Ex-Manager Accuses Elon Musk of Possible Insider Trading (Observer.com)
Another day, another Tesla whistleblower. Sean Gouthro, a former manager at Tesla’s Global Security Operations Center & Investigations at its Nevada Gigafactory, has filed a complaint with the SEC with new information regarding CEO Elon Musk’s explosive tweet last August about taking Tesla private. On August 7, 2018, Musk tweeted that he had fundings secured to take Tesla private for $420 per share. The company stock was traded at $342 that day, before his tweet sent it to soar over 15 percent in just minutes.

Medicare Insider Trading Case Beset By Flaws, 2nd Circ. Told (Law360.com)
Law360 (March 11, 2019, 7:17 PM EDT) — A former Centers for Medicare & Medicaid Services worker, an ex-health care industry consultant and two former hedge fund analysts last week urged the Second Circuit to reverse their convictions for…







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