Insider Trade: Richard Rawson Sold 55,834 Shares of Insperity, Inc. (NSP); Shorts at World Wrestling Entertainment Class A Common (WWE) Raised By 1.86% (FinHeadlines.com)
World Wrestling Entertainment Inc Class A Common (NYSE:WWE) had an increase of 1.86% in short interest. WWE’s SI was 6.47M shares in February as released by FINRA. Its up 1.86% from 6.36M shares previously. With 936,500 avg volume, 7 days are for World Wrestling Entertainment Inc Class A Common (NYSE:WWE)’s short sellers to cover WWE’s short positions. The SI to World Wrestling Entertainment Inc Class A Common’s float is 15.53%. The stock decreased 1.59% or $1.41 during the last trading session, reaching $87.46. About 864,119 shares traded. World Wrestling Entertainment, Inc. (NYSE:WWE) has risen 152.07% since February 18, 2018 and is uptrending.
Insiders Roundup: Twitter, Apollo Management (GuruFocus)
The GuruFocus All-in-One Screener can be used to find insider trades from the past week. Under the Insiders tab, change the settings for All Insider Buying to “$200,000+,” the duration to “February 2019” and All Insider Sales to “$5,000,000+.” According to these filters, the following are trades from company insiders this week. Arix Bioscience Plc, Gadicke Ansbert, MPM BioVentures 2014 LP, New Leaf Ventures III LP, Oncology Impact Fund (Cayman) 10% owners and Luke Evnin, Chin Mark and Hunt Ronald directors and 10% owners of Harpoon Therapeutics Inc. (HARP) bought a combined 2,964,284 shares for an average price of $14.00 per share on Feb. 12.
Insider Trading at Apple: Objectivity Under Cloud (Nyoooz.com)
According to the suit filed, he continued with insider trading from 2011 to 2016, a long period of five years. Last week Apple’s former lawyer, Gene Levoff, was accused of insider trading by the Securities and Exchange Commission (SEC). Ironically, Levoff was the company’s lawyer responsible for overseeing insider trading policies. Prosecutors have been after violators of corporate governance norms using digital trails, phone tapping, and circumstantial evidence in general. The brazen show of utmost disregard to the corporate governance norms in a cash-rich company like Apple has undoubtedly raised the issue of top leadership and the efficacy of checks and balances.
The Co-Founder of Kinder Morgan Has Bought Millions More in Stock (Barron’s)
An energy executive is snapping up his company’s stock, and he can’t seem to stop. Barron’s reported earlier this month that Kinder Morgan (ticker: KMI) co-founder Richard Kinder bought $10.3 million of the company’s stock. He wasn’t finished. Since that article ran, Kinder has bought another $12.9 million of stock on the open market, from…
Lawrence Hedge Fund Founder Murray Huberfeld Sentenced in Bribery Scheme (LiHerald.com)
Lawrence resident Murray Huberfeld, who founded Platinum Partners hedge fund, was sentenced on Feb. 12 to 30 months in prison for his role in a bribery scheme that also resulted in the incarceration of Norman Seabrook, the former head of the Correction Officers Benevolent Society. Huberfeld pleaded, 57, guilty last year to wire fraud conspiracy in connection with funds used to bribe Seabrook, former president of the nation’s largest municipal correction officers union. Huberfeld, according to the United States Attorney for the Southern District of New York, conspired with a go-between, Jona Rechnitz, to have the hedge fund pay $60,000 to Rechnitz’s company by falsely representing that the money was payment for courtside tickets to eight New York Knicks basketball games in 2014.
Rozendal Partners Year-End Letter 2018 (Seeking Alpha)
Rozendal Worldwide Flexible Prescient Qualified Investor Hedge Fund is fully flexible and actively managed with an objective to earn a higher total rate of return than the JSE All Share Index in rand terms. It aims to achieve this without a greater risk of loss over the long term. Disappointingly, the process of getting the Rozendal global fund up and running is still beset with regulatory delays. Hence this letter will again deal primarily with the QIHF. The fund’s return since inception has been modest in absolute terms, but strong in relative terms. ‘Strong’ on both counts would have been more satisfactory, but we are not displeased with the outcome to date.
