Opalesque Roundup: Hedge Fund Managers Record Strongest Return Since 2009, Up 4.50% in November: Hedge Fund News, Week 51 (Opalesque.com)
In the week ending December 18th 2020, a report from Eurekahedge revealed that hedge fund managers recorded their strongest return since 2009 and were up 4.50% in November, supported by the strong performance of the global equity market as represented by the MSCI ACWI (Local) which generated an 11.63% return throughout the month. Assets under management for the global hedge funds industry have rebounded increasing by US$128.0 billion over the past eight months since March 2020, said Eurekahedge. This has come from performance-driven gains of US$139.8 billion and net investor outflows of US$11.8 billion. This marks a sharp recovery following a US$264.1 billion asset decline in Q1 2020.
Zoom Video Communications Inc (ZM) CEO Eric S. Yuan Sold $56.4 million of Shares (Guru Focus)
CEO of Zoom Video Communications Inc, Eric S. Yuan, sold 140,284 shares of ZM on 12/17/2020 at an average price of $402.34 a share. The total sale was $56.4 million. Zoom Video Communications Inc has a market cap of $116.12 billion; its shares were traded at around $406.010000 with a P/E ratio of 283.91 and P/S ratio of 61.68. GuruFocus has detected 1 severe warning sign with Zoom Video Communications Inc.
The Executive Vice-President & Divisional Head of Repare Therapeutics (NASDAQ: RPTX) is Selling Shares (Analyst Ratings)
Yesterday, the Executive Vice-President & Divisional Head of Repare Therapeutics (RPTX), Kim Seth, sold shares of RPTX for $1.2M. In addition to Kim Seth, 2 other RPTX executives reported Sell trades in the last month. The company has a one-year high of $40.00 and a one-year low of $21.45. Currently, Repare Therapeutics has an average volume of 566.75K. RPTX’s market cap is $1.23 billion and the company has a P/E ratio of -8.00.
Medpace Holdings Inc (MEDP) President & CEO August J. Troendle Sold $30.6 million of Shares (Guru Focus)
President & CEO of Medpace Holdings Inc, August J. Troendle, sold 216,048 shares of MEDP on 12/18/2020 at an average price of $141.85 a share. The total sale was $30.6 million. Medpace Holdings Inc is a clinical contract research organisation. It is engaged in providing scientifically-driven clinical research-based drug and medical device development services to the biotechnology, pharmaceutical and medical device industries.
Insider Weekends: Victoria Livschitz Purchases $1.5 Million Worth Of Grid Dynamics (Seeking Alpha)
Insider buying increased significantly last week. Notable Insider Buys: Grid Dynamics Holdings, Inc., Southern National Bancorp of Virginia, Inc., CuriosityStream Inc., StoneX Group Inc., Progenity, Inc. Notable Insider Sells: Walmart Inc., Virgin Galactic Holdings, Inc., Facebook, Inc., Paylocity Holding Corporation, Napco Security Technologies, Inc.
Insider Trading: December 21, 2020 (BIV.com)
Insider Bruce Linton, 10% owner. Company: Vireo Health International Inc. (CNSX:VREO). Shares owned: 541,515. Trade date: Dec 11, 14. Trade total: $314,703. Trade: Sale of 208,100 shares at prices from $1.48 to $1.53 per share. Insider Jerry Kroll, Director. Company: ElectraMeccanica Vehicles Corp. (Nasdaq:SOLO). Shares owned: 3,604,797. Trade date: Dec 11. Trade total: US$307,957. Trade: Sale of 46,802 shares at a price of US$6.58 per share.
Notable Insider Buys of the Past Week: Mylan, Sonabank, Steak ‘n Shake, U-Haul And More (Benzinga)
Here are some of the most noteworthy insider purchases that were reported in the past week, as the year winds down and investors ponder the new year. A 10% owner purchased a big block of Lexicon Pharmaceuticals, Inc. (LXRX) shares at $3.20 apiece. The total for the more than 10.93 million shares that the owner acquired added up to about $35 million. The shares ended the week’s trading at $33.38. Southern National Banc. of Virginia, Inc (SONA) CEO Dennis Zember acquired 100,000 shares of this bank holding company, while other insiders bought more than 10,500 shares as well. Prices ranged from $11.57 to $12.47 per share, and altogether these transactions added up to more than $12.77 million.
