Stop the Count! (Hedge Nordic)
Stockholm (HedgeNordic) – Nordic equity hedge funds are on pace for their best year since 2015 after gaining 4.7 percent on average in November (90 percent reported), the group’s second-best month on record since 2005. The group gained 10.3 percent year-to-date through November. Exactly half of the 50 equity hedge funds in the Nordics outpaced the 9.5 percent advance of the MSCI World Index in the first 11 months of 2020, with those 25 funds returning 26.6 percent on average. Global equity markets gained 10.1 percent in Euro terms last month, as market participants reacted favourable to the progress of potential Covid-19 vaccines and the outcome of the U.S. Presidential election.
Insider Trading: December 7, 2020 (BIV.com)
Insider Sean Patrick Pownall, Director. Company: Tudor Gold Corp. (TSX-V:TUD). Shares owned: 4,556,371. Trade date: Nov 27. Trade total: $1,365,600. Trade: Sale of 455,200 shares at a price of $3.00 per share. Insider Jason Lawrence Krause, officer. Company: Sierra Wireless Inc. (TSX:SW). Shares owned: 17,902. Trade date: Nov 27. Trade total: $386,000. Trade: Sale of 20,000 shares at prices from $18.32 to $19.80 per share.
Monday 12/7 Insider Buying Report: MPLN (Nasdaq.com)
At MultiPlan, there was insider buying on Friday, by Director Glenn R. August who bought 826,265 shares for a cost of $7.00 each, for a total investment of $5.78M. This buy marks the first one filed by August in the past twelve months. MultiPlan is trading up about 5.7% on the day Monday. August was up about 17.6% on the buy at the high point of today’s trading session, with MPLN trading as high as $8.23 in trading on Monday.
Ecolab Inc (ECL) CHAIRMAN OF THE BOARD & CEO Douglas M Jr Baker Sold $32.7 million of Shares (Guru Focus)
CHAIRMAN OF THE BOARD & CEO of Ecolab Inc, Douglas M Jr Baker, sold 148,107 shares of ECL on 12/03/2020 at an average price of $220.48 a share. The total sale was $32.7 million. Ecolab Inc produces and markets cleaning and sanitation products for the hospitality, healthcare, and industrial markets. It offers a variety of products and services, which include dish and laundry washing systems, pest control, and repair services.
What Did This CEO Just Do with Personal Shares of US Physical Therapy (NYSE: USPH)? (Analyst Ratings)
On December 4, the CEO of US Physical Therapy (USPH), Christopher Reading, sold shares of USPH for $640K. In addition to Christopher Reading, 3 other USPH executives reported Sell trades in the last month. The company has a one-year high of $134.11 and a one-year low of $45.13. USPH’s market cap is $1.4 billion and the company has a P/E ratio of 44.90. The insider sentiment on US Physical Therapy has been negative according to 31 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Notable Insider Buys of the Past Week: Foot Locker, Icahn Enterprises, Kraft Heinz And More (Benzinga)
A Foot Locker, Inc. (FL) beneficial owner returned lasts week to purchase almost 1.15 million more shares of this footwear retailer at $36.94 to $39.00 apiece. That totaled less than $43.65 million, and it raised that owner’s stake to more than 12.72 million shares. The total float is reported to be over 96 million shares. The company also announced that its chief financial officer will step down this coming April. In the past week, residential real estate investment trust (REIT) American Homes 4 Rent (ANH) saw a beneficial owner pick up 152,000 of its shares via trust. At prices of $28.82 to $29.25 per share, that added up to more than $9.93 million. That owner’s 16.93 million-share stake compares with a float of more than 270 million shares. Note that a couple of other insiders parted with 139,500 shares last week as well.
