Tiger Global Launches New ‘Crossover’ Fund (Institutional Investor)
The Tiger Cub has raised more than $1 billion for a new fund targeting public and private investments. Tiger Global Management has launched a new hedge fund.The Tiger Cub founded by Chase Coleman earlier this month raised about $1.1 billion for Tiger Global Crossover and an equivalent offshore version. The new fund is designed to devote a much bigger portion of its assets to private investments than its long-short…
Tuesday 7/13 Insider Buying Report: SLGG, VGZ (Nasdaq.com)
On Monday, Super League Gaming’s, Michael R. Keller, made a $97,400 buy of SLGG, purchasing 20,000 shares at a cost of $4.87 a piece. So far Keller is in the green, up about 6.4% on their buy based on today’s trading high of $5.18. Super League Gaming is trading up about 2.2% on the day Tuesday. Before this latest buy, Keller made one other buy in the past twelve months, purchasing $103,020 shares at a cost of $6.06 each. And at Vista Gold, there was insider buying on Monday, by Director Tracy Austin Stevenson who bought 50,000 shares for a cost of $1.10 each, for a trade totaling $54,995. This buy marks the first one filed by Stevenson in the past twelve months. Vista Gold is trading trading flat on the day Tuesday. Investors are able to snag VGZ at a price even lower than Stevenson did, with shares changing hands as low as $0.87 at last check today — that’s 20.9% under Stevenson’s purchase price.
A Director at Prothena (NASDAQ: PRTA) is Selling Shares (Analyst Ratings)
Yesterday, a Director at Prothena (PRTA), Christopher Henney, sold shares of PRTA for $1.33M. Following Christopher Henney’s last PRTA Sell transaction on June 29, 2021, the stock climbed by 10.7%. Over the last month, Christopher Henney has reported another 3 Sell trades on PRTA for a total of $1M. Based on Prothena’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $160K and GAAP net loss of -$36,735,000. In comparison, last year the company earned revenue of $141K and had a GAAP net loss of $23.57 million.
Facebook Inc (FB) COB and CEO Mark Zuckerberg Sold $27 million of Shares (Guru Focus)
COB and CEO of Facebook Inc, Mark Zuckerberg, sold 77,300 shares of FB on 07/09/2021 at an average price of $349.1 a share. The total sale was $27 million.
Three Individuals Charged with Insider Trading (HedgeCo.net)
(HedgeCo.Net) The Securities and Exchange Commission has charged three individuals with insider trading in advance of an announcement by Long Blockchain Company (formerly known as Long Island Iced Tea Co.) that it was going to “pivot” from its existing beverage business to blockchain technology, which caused the company’s stock price to soar. According to the SEC’s complaint, filed in the U.S. District Court for the Southern District of New York, Eric Watson, an undisclosed control person of Long Blockchain who helped drive this business change within the company and signed a confidentiality agreement not to disclose the company’s business plans, tipped his friend and broker, Oliver Barret-Lindsay, of such plans, including by sharing with him a draft of the company’s press release.
