Tiger Global Startup Investments Drop 70% in 11 Months of 2022 as Funding Winter Worsens (Money Control)
In terms of value, Tiger Global has slowed in India this year, as it has globally, shows data. Tiger Global invested $807 million in the first eleven months of 2022, a 70 percent decrease from the previous year’s total of $2.75 billion. Tiger Global Management, one of the world’s most aggressive technology investors, has demonstrated its confidence in India this year by continuing to deploy capital, albeit on a smaller scale, while slowing investments elsewhere in the world due to macroeconomic headwinds.
Monday 12/12 Insider Buying Report: PRCH, CRON (Nasdaq.com)
On Friday, Porch Group’s CEO, Matt Ehrlichman, made a $501,509 purchase of PRCH, buying 278,273 shares at a cost of $1.80 a piece. So far Ehrlichman is in the green, up about 8.2% on their buy based on today’s trading high of $1.95. Porch Group is trading up about 7.1% on the day Monday. Before this latest buy, Ehrlichman bought PRCH on 4 other occasions during the past twelve months, for a total investment of $2.41M at an average of $3.64 per share. And at Cronos Group, there was insider buying on Wednesday, by Director Jason Marc Adler who purchased 156,000 shares for a cost of $2.96 each, for a trade totaling $461,268. Before this latest buy, Adler purchased CRON at 5 other times during the past twelve months, for a total cost of $1.53M at an average of $3.03 per share. Cronos Group is trading up about 0.7% on the day Monday. Investors have the opportunity to pick up CRON at a price even lower than Adler did, with shares trading as low as $2.83 in trading on Monday — that’s 4.1% below Adler’s purchase price.
Insider Trading: December 12, 2022 (BIV.com)
Insider Daniel Thomas MacInnis, director. Company: Mag Silver Corp. (TSX:MAG). Shares owned: 137,588. Trade date: Nov. 24, 25. Trade total: $560,575. Trade: Sale of 26,500 shares at prices from $21.05 to $21.16 per share. Insider Ian Slater, director. Company: Zacapa Resources Ltd. (TSX-V:ZACA). Shares owned: 10,000,000. Trade date: Nov. 25, 28. Trade total: $320,000. Trade: Acquisition of 5,600,000 shares at prices from $0.05 to $0.10 per share.
$49.5 Million Bet On Howard Hughes? Check Out These 4 Stocks Insiders Are Buying (Benzinga)
Howard Hughes: The Trade: The Howard Hughes Corporation (HHC) Director William Ackman bought a total of 657,160 shares at an average price of $75.26. To acquire these shares, it cost around $49.45 million. Datadog: The Trade: Datadog, Inc. (DDOG) Director Matthew Jacobson acquired a total of 192,154 shares an average price of $69.35. To acquire these shares, it cost around $13.33 million.
Cramer Rosenthal McGlynn Partners with Linedata (Hedge Week)
Cramer Rosenthal McGlynn (CRM), a US based hedge fund firm focused on long/short, global equity, and value investing, has partnered with Linedata, a provider of asset management and credit technology data and services. CRM has implemented robust investment operations that aim to maximise efficiency and mitigate risk by reducing manual processes spread across multiple internal systems, which has been in place for several years, including through the previous vendor.
