Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Hedge Fund and Insider Trading News: Warren Buffett, Steve Cohen, Kingstown Capital Management, NGM Biopharmaceuticals Inc (NGM), Raven Industries, Inc. (RAVN), and More

FMA Closes Insider Trading Case (Lexology.com)
The Financial Markets Authority (FMA) has announced today that it has concluded its investigation into 2014 trading in VMob Limited (now Plexure Limited). VMob’s then CFO, Mark Talbot, has admitted both insider trading and breaches of obligations to notify trading to the company, and to NZX. In 2014, VMob was responding to a request to provide platform services to McDonald’s in Japan which, if successful, was likely to materially increase revenue. It was shortlisted on 15 May, and on 23 July, the contract was awarded. On 24 July, Mr Talbot purchased 1 million shares at $0.010 each through a company he controlled. After the trade, Mr Talbot sought approval to purchase shares pursuant to VMob’s trading policy, not disclosing that he had already done so.

Wednesday 4/10 Insider Buying Report: NGM, LION (Nasdaq.com)
At Ngm Biopharmaceuticals, a filing with the SEC revealed that on Monday, Director Suzanne Sawochka Hooper purchased 7,000 shares of NGM, for a cost of $16.00 each, for a total investment of $112,000. Hooper was up about 5.1% on the purchase at the high point of today’s trading session, with NGM trading as high as $16.81 in trading on Wednesday. Ngm Biopharmaceuticals is trading down about 1.8% on the day Wednesday. This purchase marks the first one filed by Hooper in the past year. And on Friday, Director W. Clyde Shepherd III purchased $12,000 worth of Fidelity Southern, purchasing 426 shares at a cost of $28.15 a piece.

5 Stocks Insiders Are Buying (SeekingAlpha)
Insider buying has ebbed significantly since hitting eight-year highs in December. So which stocks are insiders still purchasing. Here are five interesting names insiders still seem to like despite the big rally in the market so far this year. Let’s start with Chaparral Energy (CHAP). This ‘Busted IPO’ from the energy sector is starting to pick up some considerable insider buying. A beneficial owner scarfed up over $4.5 million in new shares on April 2nd. The CEO also bought $40,000 in stock on March 29th. It should be noted that the same beneficial owner added over $4.5 million to his stake on March 20th.

The Division VP and GM of Raven (NASDAQ: RAVN) is Selling Shares (AnalystrRatings.com)
Today, the Division VP and GM of Raven (RAVN), Schmidt Anthony Johnson, sold shares of RAVN for $91.05K. In addition to Schmidt Anthony Johnson, 2 other RAVN executives reported Sell trades in the last month. RAVN’s market cap is $1.42B and the company has a P/E ratio of 27.68. Currently, Raven has an average volume of 128.8K.

Putnam Premier Income Trust (NYSE:PPT) Insider Trading Activity – Insider Sold 21,916 shares of Stock (MarketExclusive)
Insider Trading Activity For Putnam Premier Income Trust (NYSE:PPT): D William Kohli , Insider of Putnam Premier Income Trust (NYSE:PPT) reportedly Sold 21,916 shares of the company’s stock at an average price of 5.18 for a total transaction amount of $113,524.88.

Former SeaWorld Lawyer Charged With Insider Trading (HedgeCo.net)
(HedgeCo.Net) A former senior lawyer at SeaWorld Entertainment Inc. has been charged with insider trading based on nonpublic information that the company’s revenue would be better than anticipated for the second quarter of 2018. The SEC alleges that Paul B. Powers had early access to key revenue information as the company’s associate general counsel and assistant secretary, and he purchased 18,000 shares of SeaWorld stock the day after he received a confidential draft of the 2018 second quarter earnings release that detailed a strong financial performance by the company after a lengthy period of decline.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading...