Ex-Hedge Fund Manager From NY, FL Admits $6.8M COVID-19 Scam In NJ Federal Court (Daily Voice)
A dual New York/Florida resident admitted in federal court in Newark that he schemed to steal more than $6.8 million in COVID-19 payroll protection loans — $3 million of which the government said he flushed away in the stock market. Gregory J. Blotnick applied to 13 lenders for 21 loans over a period of nearly a year, beginning in March 21, 2020, lying about the number of employees at nine companies whom he supposedly needed to pay, federal authorities said.
The Executive of DLP Resources (Other OTC: DLPRF) is Buying Shares (Analyst Ratings)
Today, the Executive of DLP Resources (DLPRF), John James Stypula, bought shares of DLPRF for $9,900. Following this transaction John James Stypula’s holding in the company was increased by 2% to a total of $998.9K. In addition to John James Stypula, one other DLPRF executive reported Buy trades in the last month. DLPRF’s market cap is $11.25 million and the company has a P/E ratio of -4.30. Currently, DLP Resources has an average volume of.
Friday 10/15 Insider Buying Report: LTH, CGTX (Nasdaq.com)
At Life Time Group Holdings, a filing with the SEC revealed that on Tuesday, Director Stuart G. Lasher purchased 138,888 shares of LTH, at a cost of $18.00 each, for a total investment of $2.5M. Investors have the opportunity to bag LTH even cheaper than Lasher did, with the stock changing hands as low as $17.16 at last check today — that’s 4.7% under Lasher’s purchase price. Life Time Group Holdings is trading down about 0.2% on the day Friday. And at Cognition Therapeutics, there was insider buying on Wednesday, by CEO & President Lisa Ricciardi who bought 12,500 shares for a cost of $12.00 each, for a total investment of $150,000. Cognition Therapeutics is trading up about 1.6% on the day Friday. So far Ricciardi is in the green, up about 4.1% on their buy based on today’s trading high of $12.49.
The Executive of Hydro66 Holdings (Other OTC: HYHDF) is Buying Shares (Analyst Ratings)
Today, the Executive of Hydro66 Holdings (HYHDF), David Rowe, bought shares of HYHDF for $360.2K. Following this transaction David Rowe’s holding in the company was increased by 7% to a total of $5.48 million. HYHDF’s market cap is $13.06 million and the company has a P/E ratio of 0.50. Currently, Hydro66 Holdings has an average volume of 12.00K.
Thursday 10/14 Insider Buying Report: CLST, ASPU (Nasdaq.com)
On Tuesday, Catalyst Bancorp’s Director, Ted D. Bellard, made a $250,000 purchase of CLST, buying 25,000 shares at a cost of $10.00 each. So far Bellard is in the green, up about 38.5% on their buy based on today’s trading high of $13.85. Catalyst Bancorp is trading up about 1.3% on the day Thursday. This buy marks the first one filed by Bellard in the past year. And on Wednesday, Director Douglas Kass purchased $16,536 worth of Aspen Group, purchasing 3,000 shares at a cost of $5.51 a piece. Before this latest buy, Kass purchased ASPU at 6 other times during the past year, for a total cost of $203,232 at an average of $5.41 per share. Aspen Group Inc is trading up about 1.5% on the day Thursday.
Chief Executive Officer Of Zoom Video Communications Trades $25M In Company Stock (Benzinga)
Eric Yuan, Chief Executive Officer at Zoom Video Communications (NASDAQ:ZM), made a large buy and sell of company shares on October 13, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission states that Eric Yuan exercised options to purchase 96,154 Zoom Video Communications shares for $0 on October 13. They then sold their shares on the same day in the open market. They sold at prices ranging from $257.77 to $267.68 to raise a total of $25,456,896 from the stock sale.