James Simms, the recently appointed Director of PAR Technology Corporation (NYSE:PAR), sold his company shares today, making this the third sell executed over the past month. The director of this $64 million market cap technology business sold 861 shares on Thursday and another 1,200 shares, directly, on Friday, at a price of $4.2 per share, bringing his total of beneficially owned securities down to 38,439. Three weeks ago, Simms had already sold a little over 20,000 shares in another double-dated swoop, receiving $4.48 per share. Although insider purchases at PAR have stagnated since March of this year, when CEO Ronald…
Author: Melanie Marilin
On Friday, Stewart Morris Jr, Director of Stewart Information Services Corp (NYSE:STC), sold 12,000 of his company’s shares, directly, at a price of $32.25 per share. Although this isn’t the first sale completed by Morris – he had already sold 10,000 shares at $35.91 per share back in February 2014 – it certainly is the largest, leaving him with a current total of 73,142 remaining holdings in the firm. However, despite the insider’s inclination to sell shares, many hedge funds remain at Stewart Information Services’ side, with over 500,000 shareholder position in most cases. Ken Griffin’s hedge fund, Citadel Investment…
10 days ago, several MKS Instruments, Inc. (NASDAQ:MKSI) insiders started selling their company shares, including Directors Richard Chute and Peter Hanley, who sold 3,000 and 2,000 respectively, at a price of $29.65 per share. CEO Gerard Colella also participated in the sale, giving up 3,000 of his company shares at $29.50 per share. This trend seems to have extended over time, as two more insiders stepped up today announcing their stock sale. While company Director Robert Anderson chose to sell only 3,418 shares, directly, at a price of $29.61, leaving him with a remainder of 14,405 total shares, the Senior…
On Friday, Bancorp, Inc. (NASDAQ:TBBK) experienced a three-time insider share purchase from its company directors Hersch Kozlov, Michael J. Bradley, and Betsy Cohen. While Hersch Kozlov purchased 2000 shares at a price of $11.50 per share and now holds a total of 15,500 company shares, Bradley doubled the stakes, purchasing 5,000 shares for $11.40 on the same day. The director now holds a total of 25,000 shares. However, Bancorp’s Chief Executive Officer and Director, Betsy Cohen’s purchase stood out the most. Acquiring 20,000 shares of common stock at a price of $11.48 per share, the CEO boosted her overall company…
Michael Gradon, Director of AerCap Holdings N.V. (NYSE:AER), sold 3,250 shares of his stock at the company today, at $45.23. Following Gradon’s sale, he now holds merely 592 shares to his name. It seems this trend is common amongst company insiders, since Director James Chapman has also been selling his stock, with the most recent sale of 2000 shares at $46.94, registered two weeks ago. However, the past quarter showed several new company stock acquisitions amongst hedge funds, all of which exceeded a value of $50 million. Joshua Kaufman and Craig Nerenberg’s hedge fund, Brenner West Capital Partners, purchased 1,344,715 shares, thereby…
Following yesterday’s report on Endurance Specialty Holdings Ltd. (NYSE:ENH)’s Chairman and Chief Executive Officer, John Charman purchasing 12,550 company shares at $51.68, today showed once again stock transactions regarding this company. This time, however, the mention is about R. Galen Barnes, Director at Endurance Specialty. While Charman was looking to purchase stock, Barnes took the opposite road today and sold 5,000 of his shares at a price of $51.5. However, the director still holds 19,683 shares under his name (compared to Charman’s 731,705 remaining holdings). Moreover, several hedge funds deposited their trust in Endurance this past quarter, with Richard S.…
Tony Aquila, CEO and President at Solera Holdings Inc. (NYSE:SLH), has once again sold his company shares today. After director Kenneth Viellieu’s reported stock sale of 11,101 shares at $66.2 on Tuesday, Aquila has followed up on the same trend and has consistently been selling his common stock this week. After selling 5,000 shares for $66.0 on Tuesday, the company President sold another 2,531 shares today. However, Aquila still owns over 305,000 company holdings. Despite the CEO’s recent transactions, other hedge funds seem to be taking the opposite path, buying up solid amounts of Solera Holdings shares. Matthew Weatherbie, of…
Michael Weinstein, Chairman and CEO of Ark Restaurants Corp. (NASDAQ:ARKR), purchased 13,500 shares of the company’s common stock, at $14.4 per share, yesterday. The Chairman’s acquisition was the third to be completed this week and Weinstein now owns almost 1.1 million shares, directly. His last two purchases featured 27,000 shares at $12.04 and another batch of 13,500 shares, both completed on the 3rd of June 2014. Furthermore, Jim Simons of Renaissance Technologies increased his shareholder position by 12% in the past quarter and now owns 37,900 shares, with a value of nearly $840,000. However, Aqr Capital Management’s Cliff Asness also…
Alfred Hurley Jr., director of New Mountain Finance Corp. (NYSE:NMFC), purchased 6,970 of the company’s shares through two separate transactions yesterday and now owns a total of 23,112.87 shares, directly. Furthermore, the firm’s Chief Compliance Officer, Paula Bosco, acquired 623 shares at the same price, bringing her total company shares up to 13,897.13. However, these insiders aren’t the only ones partaking in the company’s share purchases, as the last quarter showed. Steven B. Klinsky, from New Mountain Capital, buying 2,643,090 shares, with an approximate worth of $38.4 million. Cliff Asness, of Aqr Capital Management also holds 247,380 shares at a value…
NewBridge Bancorp (NASDAQ:NBBC) witnessed three insider purchases today. Senior Executive Vice President and Chief Financial Officer Ramsey Hamadi acquired 76 shares of Class A Common Stock at $8.01. Following the reported transaction, Hamadi owns 49,447 shares indirectly and 57,196 shares directly. The company’s senior executive vice president and chief banking officer Spence Broadhurst acquired 45 shares for the same price, and now holds 488 shares, indirectly, and 11,000 shares, directly. Finally, William Wesley Budd Jr., SEVP and Credit Chief Officer, purchased 13 of the company’s stock, and now owns a total of 144 shares, indirectly, as well as 16,053 shares, directly.…