Silicon Laboratories Inc (SLAB) Sr VP and CFO John C Hollister Sold $1.1 million of Shares (Guru Focus)
Sr VP and CFO of Silicon Laboratories Inc, John C Hollister, sold 10,000 shares of SLAB on 09/05/2019 at an average price of $110 a share. The total sale was $1.1 million. Silicon Laboratories Inc is a provider of silicon, software and system solutions for the Internet of Things, Internet infrastructure, industrial control, consumer and automotive markets generating, a majority of its revenue from the Internet of Things. Silicon Laboratories Inc has a market cap of $4.87 billion; its shares were traded at around $112.45 with a P/E ratio of 154.03 and P/S ratio of 5.81.
Ex-VTB Banker Charged for Deleting WhatsApp in Trading Probe (1) (Bloomberg Law)
U.K. prosecutors charged a former VTB Capital PLC banker with destroying documents after he deleted WhatsApp from his mobile phone, knowing that information on the app was relevant to an insider-trading investigation. Konstantin Vishnyak, who pleaded not guilty Sept. 6, will appear Oct. 4 in a London court, the Financial Conduct Authority said in a statement. This is the FCA’s first prosecution in connection with the alleged destruction of documents under Financial Services and Markets Act of 2000, the agency said. Vishnyak was under investigation for suspected insider-dealing offenses, the FCA said. The agency alleges that he deleted the WhatsApp…
Friday 9/6 Insider Buying Report: ORGO, PFLT (Nasdaq.com)
At Organogenesis Holdings (ORGO), a filing with the SEC revealed that on Wednesday, Director Wayne D. Mackie purchased 82,000 shares of ORGO, at a cost of $4.47 each, for a total investment of $366,211. So far Mackie is in the green, up about 8.6% on their buy based on today’s trading high of $4.85. Organogenesis Holdings is trading up about 1.5% on the day Friday. And at Pennantpark Floating Rate Capital (PFLT), there was insider buying on Wednesday, by Director Samuel L. Katz who bought 25,000 shares at a cost of $11.42 each, for a total investment of $285,408. Before this latest buy, Katz made one other purchase in the past year, buying $242,240 shares for a cost of $12.11 a piece. Pennantpark Floating Rate Capital is trading down about 0.4% on the day Friday. Katz was up about 2.2% on the purchase at the high point of today’s trading session, with PFLT trading as high as $11.66 at last check today.
The CEO of BlackRock TCP Capital Corp. (NASDAQ: TCPC) is Buying Shares (Analyst Ratings)
Yesterday, the CEO of BlackRock TCP Capital Corp. (TCPC), Howard Levkowitz, bought shares of TCPC for $132.9K. This recent transaction increases Howard Levkowitz’s holding in the company by 5.75% to a total of $2.45 million. Following Howard Levkowitz’s last TCPC Buy transaction on December 21, 2018, the stock climbed by 1.1%.
Vapotherm Inc (VAPO) President & CEO Joseph Army Bought $100,000 of Shares (Guru Focus)
President & CEO of Vapotherm Inc, Joseph Army, bought 10,000 shares of VAPO on 09/04/2019 at an average price of $10 a share. The total cost of this purchase was $100,000. Vapotherm Inc has a market cap of $200.560 million; its shares were traded at around $11.46 with and P/S ratio of 4.28. GuruFocus has detected 1 severe warning sign with Vapotherm Inc.
Galleon’s Rajaratnam Free From Prison After Almost 8 Years (2) (Bloomberg Law)
Raj Rajaratnam, the mastermind of what prosecutors said was one of the largest hedge-fund insider-trading rings in U.S. history, is out of prison — almost two years early. Rajaratnam, whose Galleon Group LLC once managed more than $7 billion, is back with his family on a quiet block of Manhattan’s East Side, where he’s mostly confined to his apartment for the remainder of his sentence. He’s free to work outside his home during the day. Sentenced to 11 years behind bars after his 2011 conviction, he served his time at the Federal Medical Center Devens, a prison outside Boston…