Hedge Fund and Insider Trading News: Crispin Odey, Jericho Capital Asset Management, Cantab Capital Partners, Microsoft Corporation (MSFT), Assured Guaranty Ltd. (AGO), and More

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Eighty per cent of Hedge Funds See Positive Performance in February (Hedge Week)
The global hedge fund business continued its strong start to 2021 with 80 per cent of funds seeing positive performance in February, according to eVestment’s February hedge fund performance data. The average positive performance among this large group of funds was +4.51 per cent. Factoring in those with negative performance, the industry as a whole returned +3.22 per cent in February, bringing overall industry year-to-date (YTD) performance to +4.26 per cent.

What Did This CEO Just Do with Personal Shares of Assured Guaranty (NYSE: AGO)? (Analyst Ratings)
On March 10, the President of Assured Guaranty (AGO), Dominic Frederico, sold shares of AGO for $5.22M. The company has a one-year high of $45.72 and a one-year low of $13.64. Currently, Assured Guaranty has an average volume of 603.26K. AGO’s market cap is $3.36 billion and the company has a P/E ratio of 10.10.

Doordash Inc (DASH) CFO Prabir Adarkar Sold $4 million of Shares (Guru Focus)
CFO of Doordash Inc, Prabir Adarkar, sold 29,400 shares of DASH on 03/10/2021 at an average price of $135.11 a share. The total sale was $4 million. Doordash Inc has a market cap of $46.6 billion; its shares were traded at around $144.970000 with and P/S ratio of 35.37.

Friday 3/12 Insider Buying Report: MSFT, KNSL (Nasdaq.com)
On Wednesday, Microsoft’s Director, Emma N. Walmsley, made a $1.02M buy of MSFT, purchasing 4,300 shares at a cost of $236.80 each. Investors can buy MSFT even cheaper than Walmsley did, with the stock trading as low as $233.37 at last check today — that’s 1.4% below Walmsley’s purchase price. Microsoft is trading off about 1.2% on the day Friday. This buy marks the first one filed by Walmsley in the past year. And at Kinsale Capital Group, there was insider buying on Wednesday, by Director Steven J. Bensinger who bought 3,500 shares at a cost of $173.42 each, for a total investment of $606,983. Kinsale Capital Group is trading up about 0.1% on the day Friday. Bensinger was up about 3.1% on the buy at the high point of today’s trading session, with KNSL trading as high as $178.87 in trading on Friday.

What Did This CEO Just Do with Personal Shares of RPC (NYSE: RES)? (Analyst Ratings)
On March 10, the Chairman & CEO of RPC (RES), Gary Rollins, sold shares of RES for $2.37M. In addition to Gary Rollins, 2 other RES executives reported Sell trades in the last month. Based on 4 analyst ratings, the analyst consensus is Moderate Sell with an average price target of $3.56, reflecting a 89.3% upside.


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