Two Sigma, DE Shaw Posted Losses in Some Funds in January: FT (Bloomberg)
Two Sigma Investments and DE Shaw are among the quant hedge funds that suffered losses in some funds in January as retail investors on Reddit fueled market swings, the Financial Times reported. New York-based Two Sigma lost 5.3% in its Absolute Return fund and 8.6% in its Absolute Return Enhanced fund, the newspaper said, citing people who have seen the numbers. Its Compass macro fund and risk premia funds were about flat last month, one of the people told the Financial Times.
How Real Estate Investing Is Changing in the ‘Untact’ Era (Preqin)
COVID-19 created once-in-a-lifetime headwinds for global private capital markets. With whole countries forced into isolation, the pandemic all but stopped human contact and changed the way individuals carry out their daily activities. It is therefore unsurprising that this virus had a massive direct impact on the commercial real estate market around the world: only about a third of the usual transaction volume was recorded in Q2 2020. Since physical due diligence was and is still virtually impossible in many countries, investors had to postpone the closing of their ongoing deals and projects for most of last year.
Notable Insider Buys Of The Past Week: Harley-Davidson, Texas Instruments And More (Benzinga)
Outlook Therapeutics Inc (OTLK) had a 10% owner and a director both increase their stakes last week. They acquired 11.36 million shares altogether, at a secondary offering price of $1 per share. The stock closed most recently at $2.18 per share. A beneficial owner recently indirectly acquired around 4.22 million Vyne Therapeutics Inc (VYNE) shares at $2.37 apiece. That totaled about $10 million and boosted the owner’s stake to over 27.09 million shares. The stock closed most recently at $2.75 per share, after popping 39% for the week.
Monday 2/8 Insider Buying Report: HOG, AFG (Nasdaq.com)
On Thursday, Harley-Davidson’s CEO, Jochen Zeitz, made a $1.00M purchase of HOG, buying 30,800 shares at a cost of $32.47 each. So far Zeitz is in the green, up about 8.2% on their buy based on today’s trading high of $35.14. Harley-Davidson is trading up about 2.6% on the day Monday. Before this latest buy, Zeitz purchased HOG at 3 other times during the past year, for a total cost of $5.07M at an average of $23.00 per share. And at American Financial Group, there was insider buying on Friday, by Senior VP & General Counsel Vito C. Peraino who purchased 2,500 shares for a cost of $96.39 each, for a total investment of $240,975. This purchase marks the first one filed by Peraino in the past year. American Financial Group is trading up about 1.7% on the day Monday. Peraino was up about 6.7% on the buy at the high point of today’s trading session, with AFG trading as high as $102.83 in trading on Monday.
Meridian Bioscience Inc (VIVO) CEO John P. Kenny Sold $1,000,000 of Shares (Guru Focus)
CEO of Meridian Bioscience Inc, John P. Kenny, sold 40,000 shares of VIVO on 02/05/2021 at an average price of $25 a share. The total sale was $1,000,000. Meridian Bioscience Inc is an integrated life science company. It is engaged in development, manufacture, sale and distribution of diagnostic test kits for certain gastrointestinal, viral, respiratory and parasitic infectious diseases.
Charles Schwab (NYSE: SCHW) Executives are Making Moves with Their Shares (Analyst Ratings)
Yesterday, the Chairman of Charles Schwab (SCHW), Charles Schwab, sold shares of SCHW for $9.1M. Over the last month, Charles Schwab has reported another 3 Sell trades on SCHW for a total of $22.81M.
