What Did This CEO Just Do with Personal Shares of LaZBoy (NYSE: LZB)? (Analyst Ratings)
On November 23, the COB, Pres & CEO of LaZBoy (LZB), Kurt Darrow, sold shares of LZB for $5.92M. Following Kurt Darrow’s last LZB Sell transaction on March 04, 2019, the stock climbed by 5.4%. In addition to Kurt Darrow, 2 other LZB executives reported Sell trades in the last month. Based on LaZBoy’s latest earnings report for the quarter ending October 31, the company posted quarterly revenue of $459 million and quarterly net profit of $34.94 million.
Diodes Inc (DIOD) President & CEO Keh Shew Lu Sold $4.7 million of Shares (Guru Focus)
President & CEO of Diodes Inc, Keh Shew Lu, sold 72,852 shares of DIOD on 11/25/2020 at an average price of $65.02 a share. The total sale was $4.7 million. Diodes Inc is a manufacturer & supplier of application-specific standard products within the broad discrete, logic, analog & mixed-signal semiconductor markets, serving the consumer electronics, computing, communications, industrial & automotive markets.
Tesla Just Blew Past Warren Buffett’s Berkshire Hathaway in Market Value. Here’s Why That’s Astounding (Business Insider)
Tesla stock rose as much as 4% on Tuesday, boosting its market capitalization as high as $567 billion. It blew past the roughly $544 billion market cap of Warren Buffett‘s Berkshire Hathaway on the way. Tesla’s greater market value reflects its stock price skyrocketing more than 500% since the start of this year. Its shares traded at less than a tenth of their current price as recently as October 2019.
Billionaire Ray Dalio Set to Open Family Office in Singapore (Bloomberg)
Ray Dalio, the billionaire founder of Bridgewater Associates, is opening a family office in Singapore to run his investments and philanthropy throughout the region. Dalio has long held ties to Asia and Singapore, and felt it was “high time” to open a family office there, the hedge fund manager’s spokesperson said in a statement, without elaborating on the timing or staffing plans.
The President of Northern (NASDAQ: NTRS) is Selling Shares (Analyst Ratings)
On November 25, the President of Northern (NTRS), Peter Cherecwich, sold shares of NTRS for $1.5M. In addition to Peter Cherecwich, 4 other NTRS executives reported Sell trades in the last month. The company has a one-year high of $110.48 and a one-year low of $60.67. Currently, Northern has an average volume of 665.10K. NTRS’s market cap is $20.16 billion and the company has a P/E ratio of 16.20. Based on 6 analyst ratings, the analyst consensus is Hold with an average price target of $88.83, reflecting a 8.9% upside.
Hni Corp (HNI) President & CEO Jeffrey D Lorenger Sold $2.3 million of Shares (Guru Focus)
President & CEO of Hni Corp., Jeffrey D Lorenger, sold 61,673 shares of HNI on 11/23/2020 at an average price of $37.47 a share. The total sale was $2.3 million. HNI Corp provides office furniture and hearth products. It manufactures and markets products including metal and wood commercial and home office furniture and gas, electric, wood and biomass burning fireplaces and stoves for home.
