Hedge Funds Target UK Banks as Brexit Deadline Looms (ProactiveInvestors.co.uk)
One of those shorting UK banking stocks is Marshall Wace – founded by the father of Mumford & Sons’ lead guitarist, Winston Marshall. UK banks are being targeted by a London hedge fund founded by Paul Marshall, the father of Mumford & Sons’ lead guitarist, Winston. Marshall Wace has short positions in both Metro Bank PLC (LON:MTRO) and CYBG PLC (LON:CYBG), the parent company of Clydesdale Bank, Yorkshire Bank and, of late, Virgin Money.
Hedge Funds Fell 3% in October for Worst Drop Since 2011 (Bloomberg)
Hedge fund returns fell almost 3 percent in October as global equity markets dropped. The decline is the worst monthly performance since September 2011, Hedge Fund Research Inc. said in a report Wednesday.
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Hedge Fund Paychecks, Revealed (InstitutionalInvestor.com)
The average portfolio manager at a U.S. hedge fund expects to take home about $1.4 million this year, according to Institutional Investor’s All-America Buy-Side Compensation survey. Employees of hedge funds with assets under management ranging from less than $500 million to more than $5 billion shared their current salary and expected 2018 bonuses with II for the second annual report, which breaks down pay by job title and firm AUM. Roughly 900 portfolio managers, research analysts, and managers-cum-analysts at North American hedge funds, investment advisory firms, and mutual funds responded to this year’s survey.
The Insider Selling: GTY Technology Holdings Inc (GTYH) Major Shareholder Sells 500,000 Shares Of Stock (BharataPress.com)
GTY Technology Holdings Inc (NASDAQ:GTYH) major shareholder Highbridge Capital Management sold 500,000 shares of the firm’s stock in a transaction on Monday, November 5th. The stock was sold at an average price of $10.12, for a total value of $5,060,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Insider Buying: MINDBODY Inc (MB) Major Shareholder Acquires $4,828,791.00 in Stock (PressOracle.com)
MINDBODY Inc (NASDAQ:MB) major shareholder Luxor Capital Group, Lp bought 144,100 shares of the business’s stock in a transaction on Friday, November 2nd. The shares were bought at an average cost of $33.51 per share, for a total transaction of $4,828,791.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Insider Buying: Village Bank and Trust Financial Corp. (VBFC) Major Shareholder Buys $3,086,027.56 in Stock (FairFieldCurrent.com)
Village Bank and Trust Financial Corp. (NASDAQ:VBFC) major shareholder Kenneth R. Lehman purchased 88,781 shares of Village Bank and Trust Financial stock in a transaction that occurred on Friday, November 2nd. The stock was acquired at an average price of $34.76 per share, with a total value of $3,086,027.56. The purchase was disclosed in a document filed with the SEC.
Insider Buying: SYNNEX Co. (NYSE:SNX) Director Purchases 122,202 Shares of Stock (BaseBallDailyDigest.com)
SYNNEX Co. (NYSE:SNX) Director Matthew Miau bought 122,202 shares of the company’s stock in a transaction dated Friday, October 19th. The shares were acquired at an average price of $78.27 per share, for a total transaction of $9,564,750.54. Following the acquisition, the director now owns 364,352 shares in the company, valued at approximately $28,517,831.04. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.
Insider Buying: Greystone Logistics Inc (GLGI) CEO Acquires $47,739.50 in Stock (FairFieldCurrent.com)
Greystone Logistics Inc (OTCMKTS:GLGI) CEO Warren F. Kruger purchased 95,479 shares of the firm’s stock in a transaction on Friday, November 2nd. The stock was acquired at an average price of $0.50 per share, for a total transaction of $47,739.50. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Insider Buying: Sprott Focus Trust (FUND) Insider Buys $134,538.40 in Stock (PressOracle.com)
Sprott Focus Trust (NASDAQ:FUND) insider W Whitney George acquired 19,555 shares of the stock in a transaction dated Friday, November 2nd. The stock was acquired at an average cost of $6.88 per share, with a total value of $134,538.40. Following the transaction, the insider now directly owns 4,992,704 shares in the company, valued at $34,349,803.52. The acquisition was disclosed in a document filed with the Securities & Exchange Commission.
