Monday 6/22 Insider Buying Report: CATM, ARVN (Nasdaq.com)
At Cardtronics, a filing with the SEC revealed that on Thursday, Director Rahul Gupta purchased 3,500 shares of CATM, for a cost of $24.77 each, for a total investment of $86,705. Bargain hunters can pick up CATM at a price even lower than Gupta did, with the stock changing hands as low as $23.43 at last check today which is 5.4% below Gupta’s purchase price. Cardtronics is trading up about 2.5% on the day Monday. Before this latest buy, Gupta made one other purchase in the past year, buying $47,150 shares for a cost of $18.86 a piece. And at Arvinas, there was insider buying on Wednesday, by Director Timothy M. Shannon who purchased 2,000 shares at a cost of $30.26 each, for a total investment of $60,520. Before this latest buy, Shannon purchased ARVN at 2 other times during the past twelve months, for a total cost of $196,900 at an average of $35.80 per share. Arvinas is trading up about 6.6% on the day Monday.
The President & Chief Executive Officer of Dollarama (Other OTC: DLMAF) is Selling Shares (Analyst Ratings)
Yesterday, the President & Chief Executive Officer of Dollarama (DLMAF), Neil George Rossy, sold shares of DLMAF for $125.1M. Based on Dollarama’s latest earnings report for the quarter ending April 30, the company posted quarterly revenue of $845 million and quarterly net profit of $86.08 million. In comparison, last year the company earned revenue of $828 million and had a net profit of $104 million. The company has a one-year high of $38.97 and a one-year low of $24.23. Currently, Dollarama has an average volume of 20.
Notable Insider Buys Last Week: Cigna, Fox, Uber And More (Benzinga)
Insiders continued to add shares despite overall market volatility and economic uncertainty. The following are some of the most noteworthy insider purchases reported in the past week. A director at Axis Capital Holdings Limited (AXS) indirectly bought less than 1.35 million shares of this Bermuda-based company at between $38.77 and $42.50 each. That totaled around $55.67 million, and it almost doubled the director’s stake. A Fate Therapeutics Inc (FATE) director indirectly picked up more than 1.41 million shares of this biopharmaceutical company for $28.31 each. That totaled about $40 million and brought the stake to nearly 12.63 million shares.
Insider Trading: June 22, 2020 (BIV.com)
Insider Eric S. Sprott, 10% owner. Company: Kore Mining Ltd. (TSX-V:KORE). Shares owned: 15,852,944. Trade date: June 12. Trade total: $199,065. Trade: Acquisition of 288,500 shares at a price of $0.69 per share. Insider Martin Lachlan MacLachlan, officer. Company: Canaccord Genuity Group Inc. (TSX:CF). Shares owned: 6,160. Trade date: June 16. Trade total: $180,180. Trade: Sale of 30,800 shares at a price of $5.85 per share.
SEC Awards Almost $700,000 to Whistleblower (HedgeCo.net)
(HedgeCo.Net) The Securities and Exchange Commission today announced an award of almost $700,000 to a whistleblower whose significant information helped the agency bring a successful enforcement action that resulted in the return of money to harmed investors. The whistleblower reported the problem internally before contacting the SEC in an effort to remedy the conduct, and provided continued assistance throughout the SEC’s investigation. “Because of the whistleblower’s actions, the agency was able to identify the misconduct and conserve time and resources during the investigation,” said Jane Norberg, Chief of the SEC’s Office of the Whistleblower. “This whistleblower stepped forward and helped the agency to protect and compensate harmed investors.”
