-$0.89 (-1.8%)
Closing price July 13, 2020
Windows for corporate executives to sell and buy shares were closed during earnings reporting season, and when they started to open last week, the buyers stormed back into the market in full force.
With the markets once again bumping up against and trading around all-time highs, we were somewhat surprised to see as much insider buying as we did last week.
Insider activity was limited last week, with windows for transactions being mostly closed, but we did see some huge institutional trades hit the tape.
A very slow week by normal insider buying standards, and as we always like to remind our readers during earnings season, it is very likely to stay this way.
According to a detailed and extensive analysis by Bloomberg, Blackstone CEO Steve Schwarzman earned $425 million last year, which put him at the top of payouts for private equity investors.
With long-term rates looking like they will stay at historically low levels for the next couple of years, dividend-paying stocks make even more sense than ever.
Apollo Global Management traded higher in the past week after earnings. There is also a follow-on move taking place that took the stock to 52-week highs.
The top analyst upgrades, downgrades and initiations seen on Monday include Barracuda Networks, Cabot Oil & Gas, Calpine, Delta Air Lines, FedEx, NVIDIA and US Steel.
Private equity shops have seen their shares (units) perform rather well since the end of the election, but 2017 might end up being a perfect pro-growth climate needed to let private equity shops...
Rackspace Hosting said Friday morning that it has agreed to be acquired for more than $4 billion by affiliates of private equity firm Apollo Global Management .
The top analyst upgrades, downgrades and initiations seen on Thursday morning include Apollo Global, ADM, Celgene, Total, Whole Foods and Targa Resources.
Diamond Resorts International, Inc. (NYSE: DRII) is watching its shares make a handy gain in Wednesday’s session after it was announce that the company will be acquired by Apollo Global Management...
The SEC has announced insider trading charges against a research analyst who allegedly reaped over $1.5 million in February via trades he made in his mother's brokerage account.
Jefferies has raised the target on Apollo Global Management to $20 a share while maintaining a Buy rating on the stock.
The top analyst upgrades, downgrades and initiations seen on Tuesday, March 22, include Amazon.com, Chevron, Monster Beverage, Range Resources, Wayfair, Wynn Resorts and Yahoo.