A Director at Enservco Corp (NYSE MKT: ENSV) is Buying Shares (Analyst Ratings)
Today, a Director at Enservco Corp (ENSV), William Jolly, bought shares of ENSV for $4,786. This recent transaction increases William Jolly’s holding in the company by 54.12% to a total of $14.01K.
Friday 5/31 Insider Buying Report: COTY, DISCA (Nasdaq.com)
On Tuesday, Coty (COTY)’s Director, Peter Harf, made a $4.03M purchase of COTY, buying 309,222 shares at a cost of $13.04 a piece. Bargain hunters have the opportunity to pick up COTY at a price even lower than Harf did, with the stock trading as low as $12.28 in trading on Friday – that’s 5.9% under Harf’s purchase price. Coty is trading down about 1.9% on the day Friday. Before this latest buy, Harf purchased COTY at 2 other times during the past year, for a total investment of $59.8M at an average of $11.69 per share. And at Discovery (DISCA), there was insider buying on Tuesday, by CEO Peter Faricy who purchased 35,900 shares at a cost of $27.91 each, for a trade totaling $1.00M. Discovery is trading up about 0.6% on the day Friday. Bargain hunters are able to grab DISCA at a price even lower than Faricy did, with shares trading as low as $27.17 in trading on Friday – that’s 2.7% under Faricy’s purchase price.
Restaurant Brands International Inc (QSR) CEO Jose E. Cil Sold $8.7 million of Shares (Guru Focus)
CEO of Restaurant Brands International Inc (NYSE:QSR) Jose E. Cil sold 127,557 shares of QSR on 05/28/2019 at an average price of $68.28 a share. The total sale was $8.7 million. Restaurant Brands International Inc is a quick service restaurant company. It owns and operates restaurants brands include Burger King, Tim Hortons, and Popeyes Louisiana Kitchen. Restaurant Brands International Inc has a market cap of $16.55 billion; its shares were traded at around $65.13 with a P/E ratio of 27.98 and P/S ratio of 5.82. The dividend yield of Restaurant Brands International Inc stocks is 2.84%.
Intrexon Corp (XON) CEO Randal J Kirk Bought $2.4 million of Shares (Guru Focus)
CEO of Intrexon Corp (NASDAQ:XON) Randal J Kirk bought 495,271 shares of XON on 05/30/2019 at an average price of $4.75 a share. The total cost of this purchase was $2.4 million. Intrexon Corp is a biotechnology company that develops synthetic biology solutions. It designs, builds and regulates gene programs using its proprietary and complementary technologies. Intrexon Corp has a market cap of $773.280 million; its shares were traded at around $4.81 with and P/S ratio of 4.42.
Harvesting Insights From Insider Activity (Seeking Alpha)
The intuitive link between legal insider trades and stock returns proves elusive as a quant strategy. Over the years, a number of research papers have claimed to show a link between insider activity and subsequent risk-adjusted outperformance of the shares concerned. A stock receives a binary “Insider Boost” if there have been purchases totaling $100,000 or more in the past 90 days by top insiders (excluding CEOs), and the stock is identified as high-value by standard value metrics.
OANDO : SEC Bars Tinubu From Being Director Of Any Public Company For Five Years (Market Screener)
The Securities and Exchange Commission (SEC) has barred Wale Tinubu, the chief executive officer of Oando Plc, from being a director in public company for the next five years, The Cable reports. The company’s deputy CEO has also been barred while board members found guilty of various infractions have been directed to resign. In a statement on Friday, the commission said an extraordinary general meeting should be convened before July 1 to appoint new directors. SEC had given Deloitte the go-ahead to carry out a forensic audit after Dahiru Mangal, a shareholder, accused the company of declaring false profits and insider trading.
