Novogratz Teams up with Bloomberg on Crypto Index (Reuters)
NEW YORK (Reuters) – Galaxy Digital Capital Management LP, the cryptocurrency asset management firm founded by former macro hedge fund manager Mike Novogratz, launched an index on Wednesday in cooperation with Bloomberg to track performance of 10 virtual coins, the companies said in a statement. The index, called Bloomberg Galaxy Crypto Index, will track some of the largest virtual currencies trading against the US dollar including bitcoin, ether, monero, ripple and zcash. The index will be owned and administered by Bloomberg. It is weighted based on market capitalization of each coin and uses data sources vetted by the two firms, they said.
Billionaire Ray Dalio Shares a Simple 5-Step Formula for New Graduates (or anyone) to Succeed (CNBC)
When Ray Dalio was 26 years old, he launched a company called Bridgewater Associates from his two-bedroom apartment in New York City. Over decades, it grew to become the world’s largest hedge fund, managing about $160 billion in assets, according to Bridgewater’s website. For today’s 20-somethings and college grads, Dalio, now 68, says he’s perfected a recipe to succeed as he did. In an animated series released Tuesday with condensed advice from Dalio’s 2017 book, “Principles: Life & Work” (which is nearly 600 pages long) the billionaire reveals a simple, five-step process anyone can use to get ahead.
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Cryptocurrency Hedge Funds Rebound in April, Gaining More than 80% (MarketWatch)
Record April for hedge funds: Despite the recent pullback, it’s been a fruitful period for owners of cryptocurrencies. According to Eurekahedge, a research and data providing firm specializing in hedge funds, the Eurekahedge Crypto-Currency Hedge Fund Index gained 83.86% in April, its first positive month of the year.
Insider Buying: Onconova Therapeutics Inc. (ONTX) Major Shareholder Acquires 11,838,235 Shares of Stock (WeekHerald.com)
Onconova Therapeutics Inc. (NASDAQ:ONTX) major shareholder 683 Capital Management, Llc acquired 11,838,235 shares of the business’s stock in a transaction on Friday, April 27th. The stock was bought at an average cost of $0.43 per share, for a total transaction of $5,090,441.05. The purchase was disclosed in a document filed with the Securities & Exchange Commission.
Insider Selling: L3 Technologies (LLL) Chairman Sells 39,515 Shares of Stock (LedgerGazette.com)
L3 Technologies Inc (NYSE:LLL) Chairman Michael T. Strianese sold 39,515 shares of the firm’s stock in a transaction on Monday, April 23rd. The shares were sold at an average price of $214.78, for a total value of $8,487,031.70. The sale was disclosed in a filing with the SEC.
Insider Buying: Cerecor Inc (CERC) Major Shareholder Purchases 20,000 Shares of Stock (RegistrarJournal.com)
Cerecor Inc (NASDAQ:CERC) major shareholder Armistice Capital Master Fund purchased 20,000 shares of Cerecor stock in a transaction dated Monday, April 23rd. The shares were bought at an average price of $3.76 per share, for a total transaction of $75,200.00. The purchase was disclosed in a filing with the SEC.
Insider Buying: Gates Industrial Corp PLC (GTES) Insider Buys 10,000 Shares of Stock (StockNewsTimes.com)
Gates Industrial Corp PLC (NYSE:GTES) insider Ivo Jurek purchased 10,000 shares of the business’s stock in a transaction that occurred on Monday, May 7th. The stock was bought at an average cost of $15.03 per share, for a total transaction of $150,300.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Insider Buying: Carbo Ceramics, Inc. (CRR) Insider Purchases 10,000 Shares of Stock (RegistrarJournal.com)
Carbo Ceramics, Inc. (NYSE:CRR) insider Gary A. Kolstad purchased 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 1st. The shares were acquired at an average cost of $8.49 per share, with a total value of $84,900.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission.
Insider Buying: Columbia Financial Inc (NASDAQ:CLBK) CEO Buys 20,000 Shares of Stock (StockNewsTimes.com)
Columbia Financial Inc (NASDAQ:CLBK) CEO Thomas J. Kemly purchased 20,000 shares of Columbia Financial stock in a transaction on Monday, April 30th. The shares were acquired at an average price of $15.58 per share, for a total transaction of $311,600.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Insider Selling: Align Technology (NASDAQ:ALGN) Director Sells 82,000 Shares of Stock (WeekHerald.com)
Align Technology, Inc. (NASDAQ:ALGN) Director Thomas M. Prescott sold 82,000 shares of the business’s stock in a transaction dated Monday, April 30th. The stock was sold at an average price of $252.75, for a total value of $20,725,500.00. Following the transaction, the director now owns 222,399 shares of the company’s stock, valued at $56,211,347.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission.
Insider Buying: Spirit of Texas Bancshare (STXB) Director Acquires 11,000 Shares of Stock (LedgerGazette.com)
Spirit of Texas Bancshares Inc (NASDAQ:STXB) Director Robert S. Beall bought 11,000 shares of the business’s stock in a transaction on Tuesday, May 8th. The stock was bought at an average price of $21.00 per share, for a total transaction of $231,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
