Tuesday 12/1 Insider Buying Report: RAIL, TRST (Nasdaq.com)
At FreightCar America, a filing with the SEC revealed that on Friday, CEO James R. Meyer purchased 27,500 shares of RAIL, for a cost of $2.13 each, for a total investment of $58,567. Meyer was up about 34.8% on the buy at the high point of today’s trading session, with RAIL trading as high as $2.87 in trading on Tuesday. FreightCar America Inc is trading off about 1.8% on the day Tuesday. This purchase marks the first one filed by Meyer in the past year. And at Trustco Bank, there was insider buying on Friday, by EVP & CHIEF RISK OFFICER Robert M. Leonard who bought 7,252 shares for a cost of $6.21 each, for a trade totaling $45,035. Before this latest buy, Leonard bought TRST at 4 other times during the past year, for a total investment of $161,147 at an average of $5.55 per share. Trustco Bank is trading up about 3% on the day Tuesday.
Tiffany (TIF) CEO Alessandro Bogliolo Sold $17.4 million of Shares (Guru Focus)
CEO of Tiffany, Alessandro Bogliolo, sold 132,217 shares of TIF on 11/30/2020 at an average price of $131.59 a share. The total sale was $17.4 million. Tiffany & Co functions in the luxury goods market. As a retailer of jewelry, it sells timepieces, sterling silver goods, china, crystal and accessories. Tiffany & Co has a market cap of $15.96 billion; its shares were traded at around $131.48 with a P/E ratio of 55.48 and P/S ratio of 4.36.
The CEO of Twitter (NYSE: TWTR) is Buying Shares (Analyst Ratings)
Yesterday, the CEO of Twitter (TWTR), Jack Dorsey, bought shares of TWTR for $4.83M. Following Jack Dorsey’s last TWTR Buy transaction on April 28, 2017, the stock climbed by 30.0%. Following this transaction Jack Dorsey’s holding in the company was increased by 9.67% to a total of $818 million. Based on Twitter’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $936 million and quarterly net profit of $28.66 million.
Insider Dealing: MD of Fidelity Bank Acquires 5 Million Shares of Fidelity (Investors King)
Mrs. Nneka Onyeali-Ikpe, the Managing Director and Chief Executive Officer (CEO) Designate, Fidelity Bank Plc, purchased 5,000,000 shares of Fidelity Bank on Monday, November 30, 2020. The management disclosed this in a statement forwarded to the Nigerian Stock Exchange (NSE). Onyeali-Ikpe purchased the shares in five different transactions, according to the statement signed by Ezinwa Unuigboje, the Company Secretary, Fidelity Bank Plc.
Nikola Founder Trevor Milton Can Sell His 91.6 million Shares Starting Tuesday as Insider Lockup Period Expires (CNBC)
Trevor Milton owns 91.6 million shares of Nikola that are eligible to be traded Tuesday for the first time. There are up to 166 million shares, including Milton’s, held by other insiders and early investors that are eligible to be traded starting Tuesday. With roughly 360.9 million shares of company stock outstanding, Milton is by far Nikola’s largest single shareholder.
Facebook Inc (FB) COB and CEO Mark Zuckerberg Sold $17.2 million of Shares (Guru Focus)
COB and CEO of Facebook Inc, Mark Zuckerberg, sold 62,250 shares of FB on 11/27/2020 at an average price of $277.06 a share. The total sale was $17.2 million. Facebook Inc is the world’s largest online social network. Its products are Facebook, Instagram, Messenger, WhatsApp, and Oculus. Its products enable people to connect and share through mobile devices and personal computers.
