Hedge Fund and Insider Trading News: Nicolai Tangen, Ken Griffin, Spruce Point Management, Lighthaven Capital Management, Pfizer Inc. (PFE), Northern Dynasty Minerals Ltd (NAK), and More

Hedge Funds Like Two Sigma and Citadel are Locked in a War for Talent with Amazon and Facebook. 3 Charts Show Who’s Coming Out on Top – and Who’s Losing. (Business Insider)
As hedge funds have become sophisticated, their talent needs have evolved – and top managers now are searching out people with engineering abilities or data science skills. This has put managers in direct competition with big tech firms, and a years-long battle over talent has ensued. Hedge funds like Two Sigma, Citadel, and Bridgewater have managed to bring in more people from big tech firms over the last 10 years than they have lost. Amazon and Microsoft have seen hundreds of people leave their organizations for hedge funds.

Insider Trading: August 10, 2020 (BIV.com)
Insider Peter Morris Bull, 10% Owner. Company: Tree Island Steel Ltd. (TSX:TSL). Shares owned: 6,365,650. Trade date: Aug 5. Trade total: $642,800. Trade: Acquisition of 321,400 shares at a price of $2.00 per share. Insider Chris Dail, officer. Company: Midas Gold Corp. (TSX:MAX). Shares owned: 327,464. Trade date: July 31. Trade total: $544,438. Trade: Sale of 351,250 shares at a price of $1.55 per share.

Monday 8/10 Insider Buying Report: PFE (Nasdaq.com)
At Pfizer, there was insider buying on Thursday, by Director Ronald E. Blaylock who purchased 13,000 shares for a cost of $38.55 each, for a trade totaling $501,085. Pfizer is trading up about 0.2% on the day Monday.

The Non-Executive of Northern Dynasty Minerals (NYSE MKT: NAK) is Buying Shares (Analyst Ratings)
Today, the Non-Executive of Northern Dynasty Minerals (NAK), Kenneth William Pickering, bought shares of NAK for $44.4K. Following this transaction Kenneth William Pickering’s holding in the company was increased by 52% to a total of $276.3K. In addition to Kenneth William Pickering, 3 other NAK executives reported Buy trades in the last month.

Merck Inc (MRK) EVP, Chief Commercial Officer Frank Clyburn Sold $1.5 million of Shares (Guru Focus)
EVP, Chief Commercial Officer of Merck Inc., Frank Clyburn, sold 18,876 shares of MRK on 08/05/2020 at an average price of $81.55 a share. The total sale was $1.5 million. Merck & Co Inc is a health care company that delivers health solutions through its prescription medicines, vaccines, biologic therapies and animal health products. Merck & Co Inc has a market cap of $202.85 billion; its shares were traded at around $80.20 with a P/E ratio of 19.56 and P/S ratio of 4.34.