Tuesday 12/29 Insider Buying Report: IQV, UIHC (Nasdaq.com)
At IQVIA Holdings, a filing with the SEC revealed that on Thursday, Director John G. Danhakl bought 63,451 shares of IQV, for a cost of $176.95 each, for a total investment of $11.23M. IQVIA Holdings is trading off about 0.5% on the day Tuesday. This purchase marks the first one filed by Danhakl in the past year. And at United Insurance Holdings, there was insider buying on Thursday, by Director Michael Hogan who bought 27,000 shares for a cost of $5.97 each, for a trade totaling $161,080. Before this latest buy, Hogan purchased UIHC on 7 other occasions during the past year, for a total cost of $272,514 at an average of $6.47 per share. United Insurance Holdings Corp is trading up about 4.7% on the day Tuesday. Investors can bag UIHC at a price even lower than Hogan did, with the stock changing hands as low as $5.70 in trading on Tuesday — that’s 4.5% under Hogan’s purchase price.
Renesola (SOL) CFO Capital Management Shah Sold $19 million of Shares (Guru Focus)
CFO of Renesola, Capital Management Shah, sold 1,864,266 shares of SOL on 12/28/2020 at an average price of $10.18 a share. The total sale was $19 million. ReneSola Ltd is a leading global manufacturer of solar wafers and photovoltaic modules. It offers virgin polysilicon, monocrystalline and multi crystalline solar wafers and photovoltaic (PV) cells and modules.
The Shareholder of Renesola (NYSE: SOL) is Selling Shares (Analyst Ratings)
Yesterday, the Shareholder of Renesola (SOL), Shah Capital Managem, sold shares of SOL for $18.98M. Following Shah Capital Managem’s last SOL Sell transaction on March 24, 2020, the stock climbed by 11.5%. This is Managem’s first Sell trade following 4 Buy transactions. The company has a one-year high of $12.00 and a one-year low of $0.85. SOL’s market cap is $1.05 billion and the company has a P/E ratio of -11.20. The Company has a Price to Book ratio of 11.82.
Marriott International Inc (MAR) President & CEO Arne M Sorenson Sold $12.9 million of Shares (Guru Focus)
President & CEO of Marriott International Inc, Arne M Sorenson, sold 100,000 shares of MAR on 12/28/2020 at an average price of $128.72 a share. The total sale was $12.9 million. Marriott International Inc is an operator, franchisor and licensor of hotels and timeshare properties under different brand names. It also operates and develops residential properties and provides services to home/condominium owner associations.
SEC Obtains Emergency Asset Freeze, Charges Crypto Fund Manager with Fraud (HedgeCo.net)
(HedgeCo.Net) The Securities and Exchange Commission has announced that it filed an emergency action and obtained an order imposing an asset freeze and other emergency relief against Virgil Capital LLC and its affiliated companies in connection with an alleged securities fraud relating to Virgil Capital’s flagship cryptocurrency trading fund, Virgil Sigma Fund LP. The Commission’s action alleges that the fraud was directed by Stefan Qin, an Australian citizen and part-time resident of New York, who owns and controls Virgil Capital and its affiliated companies. According to the SEC’s complaint, Qin and his entities have been defrauding investors in the Sigma Fund since at least 2018 by making material misrepresentations about the fund’s strategy, assets, and financial condition.
