Hedge Fund and Insider Trading News: BXB Capital, Mirae Asset Mutual Fund, MEFIC Capital, Enviva Inc (EVA), Lazydays Holdings, Inc. (LAZY), and More

3 Fund Managers Still Buying Nvidia Stock (InvestorPlace)
If there were any doubt that Nvidia (NASDAQ:NVDA) stock should be on your list, the chip company’s Q1 2024 results just put that to bed. I’ve been a fan of Nvidia CEO Jensen Huang for a long time. In September 2021, I said he was one of America’s most influential CEOs. The 25% jump in NVDA stock on the solid quarter puts the chip firm within $60 million of becoming the industry’s first trillion-dollar company.

Singapore’s Temasek Cuts Senior Managers’ Pay After FTX Losses (The Wall Street Journal)
Singapore state-investment company Temasek Holdings said it has cut the compensation of its senior management and a team that led it to invest $275 million in crypto exchange FTX, as the country tries to move past an embarrassing loss that drew much local criticism.

Canada Launches $755M Social Finance Fund to Boost Market Growth (MirageNews.com)
Social purpose organizations, such as social enterprises, non-profits, charities and co‑operatives, are at the forefront of tackling Canada’s persistent social and environmental challenges, and they are key contributors to the Canadian economy. However, social purpose organizations face barriers and systemic biases that exist in the current finance ecosystem. Today, the Minister of Families, Children and Social Development, Karina Gould, officially launched the $755 million Social Finance Fund, which is a groundbreaking, long-term initiative to advance the growth of the social finance market in Canada.

Friday 5/26 Insider Buying Report: EVA, BOWL (Nasdaq.com)
At Enviva, a filing with the SEC revealed that on Thursday, Director John C. Bumgarner Jr. purchased 100,000 shares of EVA, for a cost of $8.50 each, for a total investment of $850,000. Enviva is trading up about 1.4% on the day Friday. Before this latest buy, Bumgarner Jr. bought EVA on 4 other occasions during the past twelve months, for a total cost of $2.97M at an average of $12.47 per share. And at Bowlero, there was insider buying on Monday, by Chief Financial Officer Robert M. Lavan who purchased 17,162 shares at a cost of $11.66 each, for a trade totaling $200,149. This purchase marks the first one filed by Lavan in the past year. Bowlero is trading off about 0.8% on the day Friday. So far Lavan is in the green, up about 5.0% on their buy based on today’s trading high of $12.24.

$9.6M Bet On Energy Transfer? Check Out These 4 Stocks Insiders Are Buying (Benzinga)
Lazydays Holdings: The Trade: Lazydays Holdings, Inc. (LAZY) Director Christopher Shackelton acquired a total 731,627 shares an average price of $11.20. To acquire these shares, it cost around $8.19 million. Akero Therapeutics: The Trade: Akero Therapeutics, Inc. (AKRO) Director Walmsley Graham acquired a total of 520,000 shares at an average price of 29.69. To acquire these shares, it cost around $15.44 million.