Chegg Inc (CHGG) PRESIDENT, CEO & CO-CHAIRMAN Daniel Rosensweig Sold $6.2 million of Shares (GuruFocus)
PRESIDENT, CEO & CO-CHAIRMAN of Chegg Inc (NYSE:CHGG) Daniel Rosensweig sold 165,000 shares of CHGG on 04/22/2019 at an average price of $37.69 a share. The total sale was $6.2 million. Chegg Inc is a student-first connected learning platform empowering students to take control of their education to save time and money. It offers its products and services under Chegg services and required materials categories. Chegg Inc has a market cap of $4.52 billion; its shares were traded at around $39.04 with and P/S ratio of 13.75.
Ex-UBS Official Shared Giant Champagne Bottles at Trader’s Club (Bloomberg)
An investor accused of illegally receiving trading tips from a former UBS Group AG compliance officer regularly spent thousands of pounds on giant bottles of champagne at Tramp, a private members club in London’s upmarket Mayfair neighborhood. Walid Choucair has been a Tramp member since 2001 and has gone about twice a month, the club’s General Manager David Fleming told a London jury on Wednesday, when he testified at the insider-trading trial of Choucair and ex-UBS compliance officer Fabiana Abdel-Malek.
UPDATE 1-Norway Prosecutors Challenge Hexagon’s Rollen Insider Trading Acquittal (Reuters)
OSLO, April 24 (Reuters) – Hexagon Chief Executive Ola Rollen was back in court on Wednesday as Norwegian prosecutors sought to reverse his earlier acquittal over alleged insider share trading. One of Sweden’s best known business leaders, Rollen has always denied any wrongdoing and continued to run Hexagon, which he has led since 2000, transforming it from a lowly-valued conglomerate into a $20 billion technology market leader.
A Director at Nexstar Media Group Inc (NASDAQ: NXST) is Selling Shares (AnalystRatings)
Today, a Director at Nexstar Media Group Inc (NXST), Dennis Miller, sold shares of NXST for $339.4K. Following Dennis Miller’s last NXST Sell transaction on August 15, 2017, the stock climbed by 54.4%. In addition to Dennis Miller, 11 other NXST executives reported Sell trades in the last month. Based on Nexstar Media Group Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $798 million and quarterly net profit of $153 million. In comparison, last year the company earned revenue of $615 million and had a net profit of $48.12 million. NXST’s market cap is $5.27B and the company has a P/E ratio of 14.05. Currently, Nexstar Media Group Inc has an average volume of 66.91K.
Automatic Data Processing (NASDAQ:ADP) Insider Trading Activity – Insider Sold 27,272 shares of Stock (MarketExclusive)
Insider Trading Activity For Automatic Data Processing (NASDAQ:ADP): Jan Siegmund , Insider of Automatic Data Processing (NASDAQ:ADP) reportedly Sold 27,272 shares of the company’s stock at an average price of 165 for a total transaction amount of $4,499,880.00.
