What Did This CEO Just Do with Personal Shares of Liberty Broadband (NASDAQ: LBRDA)? (Analyst Ratings)
Yesterday, the President & CEO of Liberty Broadband (LBRDA), Gregory Maffei, sold shares of LBRDA for $10.66M. Following Gregory Maffei’s last LBRDA Sell transaction on December 26, 2014, the stock climbed by 67.3%. Based on Liberty Broadband’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $3.71 million and quarterly net profit of $27.5 million.
SocGen Banker Fired in Insider-Trading Case Loses Bonus Bid (1) (Bloomberg Law)
A former Societe Generale SA banker fired over allegations he took secret information on a $10 billion chemical deal and shared it with a friend lost a second bid to get about 430,000 euros ($473,000) in compensation related to his dismissal. The Paris court of appeals rejected the claims by Stephane Fima, who was dismissed in 2016 for gross misconduct after police raided his office at the bank’s headquarters in western Paris. The former specialist in acquisition financing had already lost his first case two years ago.
The Trade Desk Inc (TTD) President and CEO Jeffrey Terry Green Sold $3.2 million of Shares (Guru Focus)
President and CEO of The Trade Desk Inc., Jeffrey Terry Green, sold 15,000 shares of TTD on 11/12/2019 at an average price of $215.78 a share. The total sale was $3.2 million. The Trade Desk Inc provides technology platform for ad buyers. It provides a self-service platform that enables clients to purchase and manage data-driven digital advertising campaigns using their own teams. The Trade Desk Inc has a market cap of $10.33 billion; its shares were traded at around $228.85 with a P/E ratio of 112.74 and P/S ratio of 17.95.
Golden Entertainment +5% After Insider Buying Action (Seeking Alpha)
Golden Entertainment (NASDAQ:GDEN) after director Anthony Marnell discloses he picked up 64K shares in the casino company at $16.85 per share. Marnell is a longtime casino owner in Nevada, and his company still owns and operates the Nugget Casino Resort in Sparks, Nevada. Shares of GDEN are up 4.71% to $17.77 and traded as high as $18.27 earlier in the session.
Uber’s Former CEO Travis Kalanick Sold Another $164 Million Worth of Stock, Further Cashing Out of the Company He Created (Business Insider)
Former Uber CEO Travis Kalanick continued his share sell-off on Wednesday, dumping nearly $164 million worth of stock in the rideshare company. The move follows last week’s $547 million sell-off as Kalanick focuses on other projects. The 43-year-old now leads CloudKitchens, a startup that rents commercial space and turns it into shared kitchens for delivery-focused restaurants. An SEC filing covering the most recent sale shows Kalanick offloaded about 6.1 million shares from Monday to Wednesday. Uber’s ousted founder still holds roughly 71.7 million Uber shares, equal to a 4.2% stake in the company. Bloomberg first reported the sale.
The EVP & COO of PS Business Parks (NYSE: PSB) is Selling Shares (Analyst Ratings)
Yesterday, the EVP & COO of PS Business Parks (PSB), John W. Petersen, sold shares of PSB for $140.2K. Following John W. Petersen’s last PSB Sell transaction on August 27, 2018, the stock climbed by 49.5%. In addition to John W. Petersen, 2 other PSB executives reported Sell trades in the last month. Based on PS Business Parks’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $108 million and quarterly net profit of $39.27 million.
