Royal Gold Inc (RGLD) CEO and President Tony A Jensen Sold $2 million of Shares (Guru Focus)
CEO and President of Royal Gold Inc, Tony A Jensen, sold 14,984 shares of RGLD on 08/27/2019 at an average price of $134.08 a share. The total sale was $2 million. Royal Gold Inc manages precious metal royalties and streams, with a focus on gold. The company seeks to acquire existing stream and royalty interests or to finance projects that are in production or in the development stage. Royal Gold Inc has a market cap of $8.92 billion; its shares were traded at around $136.01 with a P/E ratio of 95.11 and P/S ratio of 21.06.
Insider-Trading Suspect Loses Bid to Spike French Airgas Charges (BloombergQuint)
(Bloomberg) — France’s top court denied an appeal by a Geneva trader charged with insider trading who argued that the country’s laws didn’t cover certain types of derivatives. The Cour de Cassation dismissed the constitutional challenge lodged by Lucien Selce, who was charged as part of French investigations into trades before 2016 related to chemical producer Airgas Inc. and oilfield surveyor CGG SA. He argued that the law on insider trading was was vaugue before it was modified three years ago to include derivatives known as Contracts for Difference.
RBL Bank Must Fully Settle Insider Trading Charge (Cogencis.com)
Citing compliance with the letter of the law has become a practice among publicly-listed companies in India to absolve themselves of any wrongdoing to minority shareholders. RBL Bank, it appears, has chosen to take a similar route. To Get The Perspective Right, It Must Be Stated That Insiders Sold 366,400 Shares On Jul 30. This Is Nearly Three Times The Shares Sold In August So Far And Five Times Sold By Them In June. The Economic Times on Tuesday reported that some employees of the bank sold their shares in the open market on Jul 30, a few hours prior to the bank’s disclosure about its exposure to Coffee Day Group–whose promoter had gone missing a day earlier. The bank told stock exchanges, in clarification to the media report, that market transactions in RBL Bank shares by employees is a routine activity with regular exercise of employee stock option scheme and sale of equity shares thereafter.
Prosecutors Raid Sillajen to Probe Insider Trading Allegations (BusinessKorea.co.kr)
The prosecution has begun an investigation into Sillajen, a Kosdaq-listed company, in connection with the massive trading of common stocks prior to the recent announcement regading the inefficacy of the company’s anti-cancer drug “Pexa Vac.” According to the prosecution, the Joint Securities Crime Investigation Division of the Southern Seoul Prosecutors Office sent a prosecutor and inspectors to the Seoul branch of Sillajen in Yeouido of Seoul, on Aug. 28, over the allegations that the company sold off its shares recently using undisclosed information, which constitutes a violation of the laws on the capital market and the financial investment business.
The Secretary of Gencor Industries Inc (NASDAQ: GENC) is Selling Shares (Analyst Ratings)
Today, the Secretary of Gencor Industries Inc (GENC), Jeanne Lyons, sold shares of GENC for $10.45K. GENC’s market cap is $162.4M and the company has a P/E ratio of 11.70. The company has a one-year high of $14.64 and a one-year low of $10.50. Currently, Gencor Industries Inc has an average volume of 13.04K.
J.C. Penney +8% on More Insider Buying Action (Seeking Alpha)
J.C. Penney (NYSE:JCP) is up 7.80% to $0.69 in premarket action after more insiders buy the penny stock. CEO Jill Soltau and director Javier Teruel snapped up 500K shares apiece.
