Monday 7/22 Insider Buying Report: KALV, DXC (Nasdaq.com)
At KalVista Pharmaceuticals (KALV), a filing with the SEC revealed that on Friday, Director Albert Cha bought 61,280 shares of KALV, for a cost of $17.79 each, for a total investment of $1.09M. So far Cha is in the green, up about 5.0% on their buy based on today’s trading high of $18.69. KalVista Pharmaceuticals is trading up about 6% on the day Monday. Before this latest buy, Cha made one other purchase in the past twelve months, buying $18.00M shares for a cost of $17.00 each.
SEBI Revises Guidance Note On Insider Trading Norms (Bloomberg)
Listed companies, intermediaries and fiduciaries who handle unpublished price-sensitive information are required to maintain a digital database of persons and entities with whom such details are shared, the Securities and Exchange Board of India has clarified. The regulator on July 5 revised its guidance note on insider trading norms to provide clarity on requirement of maintaining structured digital database of persons and entities with whom UPSI is shared, and the scope of investment company, according to a circular released by the market regulator on Monday. The regulator released the guidance note to remove certain difficulties in the interpretation or application of the provisions of the insider trading norms.
Servisfirst Bancshares Inc (SFBS) EVP, Regional CEO Bradford Alan Vieira Sold $547,269 of Shares (Guru Focus)
EVP, Regional CEO of Servisfirst Bancshares Inc (30-Year Financial, Insider Trades) Bradford Alan Vieira (insider trades) sold 16,484 shares of SFBS on 07/18/2019 at an average price of $33.2 a share. The total sale was $547,269. Servisfirst Bancshares Inc is a bank holding company. It offers commercial, consumer and other loans and accepts deposits, provides electronic banking services, deliver treasury and cash management services. Servisfirst Bancshares Inc has a market cap of $1.75 billion; its shares were traded at around $32.68 with a P/E ratio of 12.44 and P/S ratio of 6.17. The dividend yield of Servisfirst Bancshares Inc stocks is 1.70%. GuruFocus has detected 1 severe warning sign with Servisfirst Bancshares Inc.
Notable Insider Buys This Past Week: DXC Technology, HealthEquity (Benzinga)
Below is a look at a couple of notable insider purchases reported in the past week, but also note that an insider bought some FedEx Corporation (FDX) 1.52% shares while others were exercising options and selling. HealthEquity: Healthequity Inc (HQY) 0.28% CEO Jon Kessler, founder Stephen Neeleman and two other directors took advantage of a public offering of shares. At $61.00 apiece, the 40,000 shares acquired altogether totaled $2.44 million. Note that two other insiders exercised options on almost 16,000 shares of this health savings accounts custodian as well.
Insider Activity: President and CEO at DXC Technology (DXC) Buys $234k in Stock (Investors Observer)
John M Lawrie, President and CEO at DXC Technology (DXC), bought 4,166 shares of the company’s common stock on Jul 18. At $56.26 per share, Lawrie paid a total of $234,384 for the new shares.
