Tuesday 4/14 Insider Buying Report: KROS, WSM (Nasdaq.com)
On Monday, Keros Therapeutics’ Director, Carl L. Gordon, made a $6.00M buy of KROS, purchasing 375,200 shares at a cost of $16.00 each. Gordon was up about 62.7% on the purchase at the high point of today’s trading session, with KROS trading as high as $26.03 in trading on Tuesday. Keros Therapeutics is trading up about 6.5% on the day Tuesday. And at Williams Sonoma, there was insider buying on Thursday, by Director Adrian D. P. Bellamy who bought 9,600 shares at a cost of $50.55 each, for a trade totaling $485,250. This buy marks the first one filed by Bellamy in the past twelve months. Williams Sonoma is trading up about 4% on the day Tuesday. So far Bellamy is in the green, up about 7.2% on their buy based on today’s trading high of $54.19.
Insider trading: April 13, 2020 (BIV.com)
Insider Surinder Ghai Kumar, 10% owner, director. Company: Vecima Networks Inc. (TSX:VCM). Shares owned: 13,559,813. Trade date: April 8. Trade total: $1,600,000. Trade: Acquisition of 200,000 shares at a price of $8.00 per share. Insider Robert Martin Friedland, 10% owner; director, officer. Company: Ivanhoe Mines Ltd. (TSX:IVN). Shares owned: 24,639,632. Trade date: April 3. Trade total: $114,764. Trade: Acquisition of 50,000 shares at prices from $2.27 to $2.33 per share.
Ares Management Corp (ARES) Co-Founder, CEO and President Michael J Arougheti Sold $1.6 million of Shares (Guru Focus)
Co-Founder, CEO and President of Ares Management Corp., Michael J Arougheti, sold 45,262 shares of ARES on 04/09/2020 at an average price of $35.07 a share. The total sale was $1.6 million. Ares Management LP is a global alternative asset manager. It offers its investor a range of investment strategies and seeks to deliver attractive performance to a growing investor base.
A Director at Bassett Furniture Industries (NASDAQ: BSET) is Buying Shares (Analyst Ratings)
Today, a Director at Bassett Furniture Industries (BSET), William Warden, bought shares of BSET for $25.15K. Following this transaction William Warden’s holding in the company was increased by 9.93% to a total of $281.2K. In addition to William Warden, one other BSET executive reported Buy trades in the last month.
Canada: Insider Trading Considerations In The Context Of The COVID-19 Pandemic (Mondaq.com)
The Co-Directors of the U.S. Securities and Exchange Commission (SEC) Division of Enforcement recently issued a Public Statement emphasizing the importance of maintaining market integrity and following corporate controls and procedures in the context of the COVID-19 pandemic. According to them, in the current circumstances, corporate insiders are regularly learning new material non-public information that may hold an even greater value than under normal circumstances, and a greater number of people may have access to material non-public information than in less challenging times, and those with such access – including, for example, directors, officers, employees, and consultants and other outside professionals – should be mindful of their obligations to keep this information confidential and to comply with the prohibitions on illegal securities trading.
