Nvidia Corp (NVDA) President and CEO Jen Hsun Huang Sold $53.6 million of Shares (Guru Focus)
President and CEO of Nvidia Corp., Jen Hsun Huang, sold 100,000 shares of NVDA on 12/01/2020 at an average price of $535.57 a share. The total sale was $53.6 million. NVIDIA Corp is a developer of graphics processing unit. It caters to areas like gaming, professional visualization, datacenter and automobiles.
Preqin Special Report: The Future of Alternatives 2025 (Preqin)
Based on our forecast model and insight from over 100 fund managers and 100 investors, we provide a detailed forecast of what the alternatives industry could look like in 2025. We analyze what the next five years hold for each asset class and region, explore changes underway in the investor universe, and identify the megatrends driving change in the industry. We expect AUM growth in alternative assets to average 9.8% per year to 2025. Persistently low interest rates will attract investors of all types drawn to the promise of outperformance, diversification, and lower correlation with public markets. Among our key predictions, private equity will top $9tn in assets by 2025, and Asia’s AUM will grow at a world-beating CAGR of 25.2%.
Friday 12/4 Insider Buying Report: KHC, HRL (Nasdaq.com)
On Wednesday, Kraft Heinz’s Director, Elio Leoni Sceti, made a $2.99M buy of KHC, purchasing 90,000 shares at a cost of $33.22 a piece. Sceti was up about 2.0% on the buy at the high point of today’s trading session, with KHC trading as high as $33.88 at last check today. Kraft Heinz is trading up about 1% on the day Friday. And also on Wednesday, Senior Vice President Steven J. Lykken bought $322,815 worth of Hormel Foods, buying 6,873 shares at a cost of $46.97 a piece. This purchase marks the first one filed by Lykken in the past twelve months. Hormel Foods is trading down about 0.1% on the day Friday. So far Lykken is in the green, up about 1.0% on their purchase based on today’s trading high of $47.44.
The Divisional Chief Operating Officer of Magna International is Exercising Options (Analyst Ratings)
Today it was reported that the Divisional Chief Operating Officer of Magna International (MGA), Tommy Joseph Skudutis, exercised options to sell 146,566 MGA shares for a total transaction value of $9.11M. Following Tommy Joseph Skudutis’ last MGA Sell transaction on August 14, 2020, the stock climbed by 10.2%. In addition to Tommy Joseph Skudutis, 2 other MGA executives reported Sell trades in the last month.
Lemonade Inc (LMND) Co-Founder & CEO Daniel A. Schreiber Sold $12.5 million of Shares (Guru Focus)
Co-Founder & CEO of Lemonade Inc, Daniel A. Schreiber, sold 168,750 shares of LMND on 12/03/2020 at an average price of $74.17 a share. The total sale was $12.5 million. Lemonade Inc has a market cap of $4.55 billion; its shares were traded at around $80.35 with and P/S ratio of 39.89.
Sanofi – SEC Nets $9.8M From AWOL Sanofi Insider Buying and Selling Suspect (FinTechZoom)
Legislation360 (December 3, 2020, 8:39 PM EST) – A New York federal decide dominated Wednesday {that a} Swiss businessman ignoring civil and legal instances accusing him of participating in insider buying and selling forward of Sanofi SA’s acquisition of Bioverativ Inc. owes the U.S. Securities and Alternate Fee $9.Eight million, down from the requested $14.Eight million.
