OQ Funds Management Deploys TORA’s Hedge Fund Tech (Hedge Week)
OQ Fund Management has deployed TORA’s OEMS software & functionality. The global trading platform for hedge funds & asset managers is known for its multi-asset, multi-region & unrivalled interoperability with other systems. TORA’s OEMS was one of the first to launch 13 years ago, and delivers advanced functions for portfolio rebalancing, pre-trade and post-trade TCA to improve execution quality combined with strong post-trade allocations and commission management tools.
Notable Insider Buys: Acceleron, Continental And Syneos Health (Benzinga)
Insiders continued to add shares despite overall market volatility and economic uncertainty. Here are some of the most noteworthy insider purchases reported in the past week. Continental Resources: Continental Resources, Inc. (CLR) saw its founder and executive chair, Harold Hamm, return and purchase more than 1.52 additional shares last week. At per-share prices between $16.23 and $18.10, that totaled nearly $26.74 million. His stake is up to more than 12.29 million shares. The total float is about 69.8 million shares. Acceleron: Acceleron Pharma Inc (XLRN) saw 10% owner and partner Celgene recently take advantage of a secondary offering to acquire more than 108,000 shares for $92.50 apiece. That totaled just shy of $10 million. Note that Celgene is a subsidiary of Bristol-Myers Squibb Co. (BMY).
Insider Trading: July 13, 2020 (BIV.com)
Insider Eric Sprott, 10% owner. Company: Chesapeake Gold Corp. (TSX-V:CKG). Shares owned: 5,789,099. Trade date: July 3. Trade total: $754,350. Trade: Acquisition of 160,500 shares at a price of $4.70 per share. Insider Wilhelm K. T. Zours, 10% owner. Company: Skeena Resources Ltd. (TSX-V:SKE). Shares owned: 10,382,468. Trade date: July 6. Trade total: $345,000. Trade: Acquisition of 150,000 shares at prices from $2.25 to $2.35 per share.
Cloudflare Inc (NET) CEO & Chair of the Board Matthew Prince Sold $7.3 million of Shares (Guru Focus)
CEO & Chair of the Board of Cloudflare Inc., Matthew Prince, sold 185,764 shares of NET on 07/10/2020 at an average price of $39.12 a share. The total sale was $7.3 million. Cloudflare Inc has a market cap of $12.17 billion; its shares were traded at around $40.08 with and P/S ratio of 27.76.
What Did This CEO Just Do with Personal Shares of Korn Ferry (NYSE: KFY)? (Analyst Ratings)
Today, the CEO-RPO, Pro. Srch. & Dig. of Korn Ferry (KFY), Byrne Mulrooney, sold shares of KFY for $462.1K. In addition to Byrne Mulrooney, one other KFY executive reported Sell trades in the last month. The company has a one-year high of $43.99 and a one-year low of $21.45. KFY’s market cap is $1.44 billion and the company has a P/E ratio of 14.70. Currently, Korn Ferry has an average volume of 248.13K.
Box Inc (BOX) CEO Aaron Levie Sold $6.3 million of Shares (Guru Focus)
CEO of Box Inc., Aaron Levie, sold 301,000 shares of BOX on 07/10/2020 at an average price of $20.89 a share. The total sale was $6.3 million. Box Inc provides cloud content management platform that enables organizations to securely manage cloud content while allowing easy, secure access and sharing of content from anywhere, on any device. Box Inc has a market cap of $3.16 billion; its shares were traded at around $20.57 with and P/S ratio of 4.30. Box Inc had annual average EBITDA growth of 37.00% over the past five years. GuruFocus has detected 2 severe warning signs with Box Inc.
