TerraForm Power Inc. (NASDAQ:TERP) saw a large stock acquisition streak break out yesterday, with six of its insiders reporting, some larger and some smaller, stock purchases. Company Director Steven Vincent Tesoriere closed the largest transaction, by acquiring 1.8 million shares of Class A Common Stock, indirectly through the Altai Capital Master Fund, Ltd., and paying a price of $25.00 per share. The second largest purchase was made by TerraForm’s President and Chief Executive Officer, Carlos Domenech, who bought 40,000 shares of Class A Common Stock, indirectly through his children, and also paid a price of $25.00 per share. Kevin Lapidus,…
Author: Melanie Marilin
Christopher Joseph Carroll, Former Vice President of Sales & Marketing at Liberty Tax Inc. (NASDAQ:TAX), disposed of 45,000 shares of Class A Common Stock, directly, this week. The sale was executed in a three day transaction, which commenced on Monday by unloading 7,000 shares for a weighted average price of $34.76 per share, and continued on Tuesday by disposing of 6,900 shares for $34.01 per share. The larger bulk of 31,000 shares were sold on Wednesday, at a weighted average price of $33.92 per share, thereby closing the disposition. Furthermore, the insider exercised his use of employee stock options for…
On Monday, two insiders at Curtiss-Wright Corp. (NYSE:CW) were awarded with stock grants. The company’s Vice President and Treasurer, Harry Jakubowitz, received 218 shares of Common Stock, with a value of $12,011.80, while Vice President Paul Ferdenzi was awarded with shares in the value of $14,656.60. However, while both insiders haven’t participated in any insider stock trades this fiscal year, other company employees have been more active in this regard. Insider Michael Denton, for example, completed several stock dispositions this quarter, with his latest transaction dating back to June, where he unloaded 2,000 shares of Common Stock at a price…
REX American Resources Corp. (NYSE:REX) saw two of its insiders complete stock dispositions this week. Stuart Rose, Close of Business and Chief Executive Officer of the $727 million market cap holding company, unloaded 30,000 shares of Common stock $.01 par value, directly, on Monday, for a price of $85.90 per share, before selling another 8,000 shares for $85.94 per share. This is one of many dispositions to be completed by Rose this quarter, as just last week he unloaded 50,000 shares for a price of $82.28 per share. Following the transaction, Rose now owns a total 848,758 company shares. The…
William Beattie, Director at the General Electric Company (NYSE:GE), completed an acquisition of 10,000 shares of Common Stock today. The purchase was executed in two steps, first buying 6,600 shares, indirectly through a holding company, and for a price of $26.02 per share. The remaining 3,400 shares were also purchased indirectly, but by the insider’s family, and at a price of $25.99 per share. This is Beattie’s first stock acquisition of the quarter, as his last purchase dates back to January of fiscal 2014, when he bought 4,000 shares of Common Stock. However, this quarter showed some interesting developments amongst…
On Monday, Progenics Pharmaceuticals, Inc. (NASDAQ:PGNX) saw one of its largest shareholders acquires the vast amount of 1,625,436 shares of Common Stock. The transaction was executed over four days by Broadfin Healthcare Master Fund Ltd, which already owned over seven million company shares prior to the purchase. The acquisition commenced last Wednesday, where the insider bought 411,693 shares for a price of $4.48 per share, and continued on Thursday by buying 436,884 shares for the same price. The remaining shares were acquired between Friday and Monday, paying a price of $4.73 per share on both transactions. Following the trade, Broadfin…
KeyCorp (NYSE:KEY) saw three of its insiders acquire the company’s stock yesterday. While Directors David Wilson and William Gisel Jr. made a small purchase of 1,500 Common shares, paying a price of $13.56 and $13.66 per share, respectively, Director Kristen Manos made a much larger acquisition. The insider bought 9,000 shares of the $12 billion market cap bank holding firm, and paid a price of $13.58 per share. Following the directors first purchase of the fiscal year, she now owns a total of 44,795 company shares. On another note, in terms of hedge fund movement this quarter, KeyCorp has benefitted…
Mead Johnson Nutrition CO (NYSE:MJN)’s Senior Vice President of Global Research and Development, Dirk Hondmann, sold 15,668 shares of Common Stock, directly, yesterday. The shares were unloaded at a price of $97.00 per share, but the insider also exercised his use of stock options. Hondmann has already executed several dispositions throughout the fiscal year, with the most recent dating back to the end of May, when the Senior VP sold 14,559 shares of Common Stock for a price of $87.83 per share. Following the transaction, Hondmann now owns a total of 8,000 company shares. Mead Johnson Director, Stephen Golsby, also…
Scott Mcgregor, President and Chief Executive Officer of Broadcom Corporation (NASDAQ:BRCM), unloaded 75,000 shares of Class A Common Stock in a three day transaction, which was completed yesterday. The insider commenced by selling 25,000 shares on Friday, for a price of $38.36 per share, while disposing of 25,000 shares on Monday for $38.45 per share and closing the transaction with another 25,000 shares sold, at a price of $38.70 per share. Furthermore, the insider also used an employee stock option (right to buy) for the disposition. While Mcgregor has persistently unloaded his company stock over the past quarter, hedge funds…
On Friday, one of Superior Industries International Inc. (NYSE:SUP)’s largest shareholders, the Louis Borick Foundation, sold 10,200 shares of Common Stock, paying a price of $20.52 per share. Following the insider’s first disposition of the fiscal year, Borick Foundation now holds a total of 2,943,946 shares of the $557.6 million market cap aluminium wheel provider. However, that wasn’t the only stock sale at Superior Industries last week, as shareholder Steven Borick also unloaded 20,000 shares of Common Stock for $20.14 per share on Thursday. The insider had already sold 20,240 shares the previous day, for a price of $20.37 per…
John Clandening, Executive Vice President of Investor Services at Charles Schwab Corp (NYSE:SCHW), completed a disposition of 14,000 shares of Common Stock yesterday. The stock was sold indirectly through a Trust, and the insider paid a price of $27.77 per share. He also engaged in a non-qualified stock option exercise and following his first stock disposition of the fiscal year, Clandening now owns a total of 71,365 company shares. Furthermore, on Friday, the firm’s Chairman, Charles Schwab unloaded 327,466 shares of Common Stock, paying a price of $27.60 per share and exercising a stock option as well. The insider has…
Thomas Caruso, Chief Client Officer at KAR Auction Services Inc. (NYSE:KAR), completed a stock disposition of 8,075 shares yesterday. The Common Stock was sold directly, at a price of $30.7 per share and the insider also exercised his use of an employee stock option. This is certainly not Caruso’s first transaction, as he’s been consistently unloading batches of 8,075 shares over the past months, trailing back to the beginning of May, when the insider sold 15,000 shares for a price of $29.74 per share. David Vignes, Executive Vice President of Enterprise Optimization, also reported a stock sale at the beginning…