Tepper, Einhorn, Soros Stock Holdings Would Go Dark in SEC Plan (Bloomberg)
John Paulson, Stanley Druckenmiller and George Soros are among billionaire investors who would no longer have to reveal which stocks they own under a U.S. plan to ease disclosure rules — hardly the smaller fund managers that regulators say the overhaul is supposed to benefit. While the legendary traders all oversee billions of dollars, the value of each of their firms’ equity holdings traded on U.S. exchanges is less than the $3.5 billion threshold that would trigger public reporting in the Securities and Exchange Commission’s proposal. They are far from alone, as other Wall Street icons below that level include Louis Bacon, David Tepper, David Einhorn and Paul Tudor Jones.
Wednesday 7/15 Insider Buying Report: BBBY, BSET (Nasdaq.com)
On Friday, Bed, Bath & Beyond’s Director, Ann Yerger, made a $49,740 purchase of BBBY, buying 6,000 shares at a cost of $8.29 each. So far Yerger is in the green, up about 9.0% on their purchase based on today’s trading high of $9.04. Bed, Bath & Beyond is trading up about 4% on the day Wednesday. This buy marks the first one filed by Yerger in the past year. And at Bassett Furniture Industries, there was insider buying on Monday, by CEO Robert H. Spilman Jr. who bought 5,000 shares at a cost of $7.12 each, for a total investment of $35,600. Before this latest buy, Spilman Jr. bought BSET on 6 other occasions during the past twelve months, for a total cost of $381,240 at an average of $6.82 per share. Bassett Furniture Industries is trading up about 5.8% on the day Wednesday. So far Spilman Jr. is in the green, up about 7.2% on their purchase based on today’s trading high of $7.63.
Sunrun Inc (RUN) CEO Lynn Michelle Jurich Sold $6.1 million of Shares (Guru Focus)
CEO of Sunrun Inc., Lynn Michelle Jurich, sold 200,000 shares of RUN on 07/13/2020 at an average price of $30.7 a share. The total sale was $6.1 million. Sunrun Inc provides clean, solar energy to homeowners. It is engaged in the design, development, installation sale, ownership, and maintenance of residential solar energy systems (“Projects”) in the United States.
The CFO of Helen Of Troy (NASDAQ: HELE) is Selling Shares (Analyst Ratings)
Today, the CFO of Helen Of Troy (HELE), Brian Grass, sold shares of HELE for $888.1K. Following Brian Grass’ last HELE Sell transaction on May 17, 2018, the stock climbed by 108.1%. In addition to Brian Grass, 2 other HELE executives reported Sell trades in the last month. Based on Helen Of Troy’s latest earnings report for the quarter ending February 29, the company posted quarterly revenue of $442 million and GAAP net loss of -$3,155,000.
Sebi Finds Divis Lab CFO, Son, 6 Others Guilty of Insider Trading; Fines them Rs 97 Lakh (CNBCTV18.com)
Capital and commodities market regulator Sebi has found the Chief Financial Officer of Divis Laboratories L Kishore Babu and seven others guilty of insider trading charges. The eight persons had in July 2017, dealt in shares of the company based on unpublished information about the USFDA import alert on the company’s Unit-II at Vishakhapatnam being lifted. All eight persons have been collectively asked to pay Rs 97 lakh as penalty; this includes around Rs 74 lakh of illegal gains and the rest as interest from July 2017 till date.
Insider Trading Risks During COVID-19 (TheLawyersDaily.ca)
The COVID-19 crisis has brought about many changes for mining companies, from ensuring the safety of both office and exploration staff in the context of social distancing and public health protocols, to meeting novel challenges associated with regulatory filing deadlines and virtual shareholder meetings. The public market landscape, much like the world itself, is a significantly different place than it was a mere four months ago. And while regulatory exemptive relief measures have eased some of the burden, both the future of the virus itself and the entirety of its impact remain uncertain.
Ihs Markit (INFO) EVP Todd S. Hyatt Sold $3.1 million of Shares (Guru Focus)
EVP of Ihs Markit, Todd S. Hyatt, sold 40,500 shares of INFO on 07/14/2020 at an average price of $75.5 a share. The total sale was $3.1 million. IHS Markit Ltd is a provider of data and analytics to corporate and sovereign clients across various industries. It products include economic forecasting, cost modeling, risk assessments and scenario analysis, competitive benchmarking and consulting.
