Growing Talent (Hedge Nordic)
Stockholm (HedgeNordic) – Founded by Michal Danielewicz and Jens Larsson back in 2017, thematic-focused St. Petri Capital has recently found a bigger office on the same Sankt Peders street in Copenhagen to accommodate a larger team of seven. The team expansion comes as its thematic-focused equity fund, which topped last year’s performance charts with a full-year return of 98 percent, has reached its three-year anniversary.
“Markets are Shifting”: How US Hedge Fund Mill Hill Capital is Carving Opportunities from Structured Credit Dislocation (Hedge Week)
Founded in 2015 by David Meneret (above left), a former Macquarie senior portfolio manager and structured credit specialist of almost 20 years, New York-based credit hedge fund Mill Hill Capital believes the current market landscape offers fertile ground for its market neutral, relative value investment style. “All in all, markets are shifting right now,” Meneret, the firm’s chief investment officer, says of the current investment landscape in credit. “They are a good place to find dislocations, to move around the portfolio, and to look across opportunities not only in CLOs, but also in shipping bonds, aircraft, CMBS, RMBS and in financials.”
Friday 3/19 Insider Buying Report: MRKR, SCOR (Nasdaq.com)
At Marker Therapeutics, a filing with the SEC revealed that on Tuesday, Director John Robert Wilson bought 1,714,285 shares of MRKR, for a cost of $1.75 each, for a total investment of $3M. Wilson was up about 33.7% on the buy at the high point of today’s trading session, with MRKR trading as high as $2.34 at last check today. Marker Therapeutics Inc is trading up about 27.8% on the day Friday. And at comScore, there was insider buying on Thursday, by William Paul Livek who bought 200,000 shares at a cost of $3.66 each, for a total investment of $731,962. This purchase marks the first one filed by Livek in the past twelve months. comScore Inc is trading up about 10.4% on the day Friday. Livek was up about 12.8% on the purchase at the high point of today’s trading session, with SCOR trading as high as $4.13 at last check today.
Oracle Corp (ORCL) CEO Safra Catz Sold $333.8 million of Shares (Guru Focus)
CEO of Oracle Corp, Safra Catz, sold 5,000,000 shares of ORCL on 03/18/2021 at an average price of $66.75 a share. The total sale was $333.8 million. Oracle Corp is a computer software company. It sells enterprise information technology solutions, including databases, middleware, applications, and hardware. The Company primarily offers software licenses, support, and maintenance services worldwide.
The CCO of Wayfair (NYSE: W) is Selling Shares (Analyst Ratings)
On March 17, the CCO of Wayfair (W), Steve Oblak, sold shares of W for $1.07M. Following Steve Oblak’s last W Sell transaction on December 17, 2020, the stock climbed by 40.9%. Based on Wayfair’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $3.67 billion and quarterly net profit of $23.82 million. In comparison, last year the company earned revenue of $2.53 billion and had a GAAP net loss of $330 million. The company has a one-year high of $369.00 and a one-year low of $21.70. W’s market cap is $33.76 billion and the company has a P/E ratio of 226.00.
