Qblue Strikes a Better Balance (Hedge Nordic)
Stockholm (HedgeNordic) – Qblue Balanced is striking a better balance between its highly-experienced investment team and blossoming investor relations team by strengthening its client focus with a new hire. The Copenhagen-based asset manager has hired Amanda Ladeira Pereira as Sales and Relationship Manager for the Nordics and EMEA region. In July of last year, Qblue Balanced launched a market-neutral alternative risk premia fund called Qblue Luxembourg. “Qblue Balanced is very pleased to welcome Amanda Ladeira Pereira to the team as our new Sales and Relationship Manager, Nordics & EMEA,” writes Qblue Balanced in a press release.
Otus Capital Management Finds New Opportunity in European Small and Mid-Caps (Opalesque.com)
European stocks have underperformed this year compared to the US, but some managers are looking for and finding new opportunities. London-based Otus Capital Management’s Maga Smaller Companies Fund is up 9.66% year to date through May, according to performance information for investors reviewed by Opalesque. The strategy outperformed through March and April’s volatility and into the second quarter. The long/short strategy invests in European small and mid-cap stocks and builds on the work of Andrew Gibbs approach to trading the small end of the market. Gibbs was previously at M&G Investment Management, where he ran the M&G European Smaller Companies Fund. Prior to joining M&G, he held roles at Odey Asset Management and Lazard Brothers Asset Management.
Monday 8/31 Insider Buying Report: VG, GCI (Nasdaq.com)
On Wednesday, Vonage Holdings’ Chief Executive Officer, Rory P. Read, made a $201,752 purchase of VG, buying 17,870 shares at a cost of $11.29 a piece. Read was up about 1.6% on the buy at the high point of today’s trading session, with VG trading as high as $11.47 in trading on Monday. Vonage Holdings is trading up about 0.7% on the day Monday. Before this latest buy, Read bought VG at 2 other times during the past year, for a total cost of $402,027 at an average of $11.55 per share. And at Gannett, there was insider buying on Wednesday, by Director Laurence Tarica who purchased 74,559 shares for a cost of $1.64 each, for a total investment of $122,277. Gannett is trading off about 1.9% on the day Monday. Tarica was up about 17.1% on the purchase at the high point of today’s trading session, with GCI trading as high as $1.92 in trading on Monday.
The Shareholder of Green Thumb Industries (Other OTC: GTBIF) is Selling Shares (Analyst Ratings)
Today, the Shareholder of Green Thumb Industries Inc (OTCMKTS: GTBIF), Pete Albert Kadens, sold shares of GTBIF for $1.18M. Based on Green Thumb Industries’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $103 million and GAAP net loss of -$4,206,264. In comparison, last year the company earned revenue of $44.73 million and had a GAAP net loss of $20.89 million. The company has a one-year high of $16.29 and a one-year low of $3.69. Currently, Green Thumb Industries has an average volume of 444.59K.
Insider Trading: August 31, 2020 (BIV.com)
Insider John William Barr, 10% owner, director, officer. Company: Norseman Capital Ltd. (TSX-V:NOC). Shares owned: 510,000. Trade date: Aug 24. Trade total: $295,500. Trade: Sale of 295,500 shares at a price of $0.20 per share. Insider Hernan Martinez, officer. Company: Gold X Mining Corp. (TSX-V:GLDX). Shares owned: 395,800. Trade date: Aug 21, 24. Trade total: $216,276. Trade: Sale of 53,800 shares at a price of $4.02 per share.
Paypal Holdings (NASDAQ: PYPL) Executives are Making Moves with Their Shares (Analyst Ratings)
Yesterday, a Director at Paypal Holdings (PYPL), David Moffett, sold shares of PYPL for $1.04M. Following David Moffett’s last PYPL Sell transaction on February 23, 2018, the stock climbed by 124.8%. Based on Paypal Holdings’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $4.62 billion and quarterly net profit of $84 million. In comparison, last year the company earned revenue of $4.31 billion and had a net profit of $823 million. The company has a one-year high of $207.00 and a one-year low of $82.07. The Company has a Price to Book ratio of 32.85.
