In a 13D filed Friday after market hours, Ault Global disclosed a 9.96% position in NTN Buzztime (NTN), a provider of interactive entertainment to sports bars and other venues across North America. Ault called NTN "undervalued and represented an attractive investment opportunity."
On Jan....
Question: If you’re a top hedge fund manager and the value of your highest conviction stock suddenly drops by 20%, what do you do? Answer: You buy more.
Late in 2018, investors panic-sold en masse. Indiscriminate selling. Babies thrown out with bathwater. While the public freaked-out about interest rates, trade wars and recessions, leading hedge funds added to their best ideas.
Activist hedge fund Glenview Capital filed a 13D on Bausch Health (BHC) after market hours Monday. The $13.3B fund, managed by Larry Robbins, disclosed a 5.9% stake in the pharmaceutical company. Bausch Health is now Glenview's #3 portfolio position.
BHC shares closed at $18.79...
Jack Schuler is the former President/COO of Abbott Laboratories and a biotech entrepreneur with a penchant for investing in medical stocks both large and small. On Aug. 31, Schuler filed a 13D/A disclosing the purchase of 365,291 shares of the bioscience company Yield10 (YTEN) @ 4.25. At that...
In 1951, Denver resident Ida Goldstein purchased the formula for Scott’s Liquid Gold for $350 as a business opportunity for her three young adult sons. The guys began mixing and bottling the amber-colored wood care oil by hand in the family garage. So was born the brand that eventually found its place into households across America.
Some 65 years later, the company is going strong.
San Francisco-based HMI Capital filed a 13G this morning disclosing a 6.11% position in SailPoint Technologies Holdings (SAIL). The software company was HMI's #12 holding as of the second quarter's close. But after HMI Capital increased its SailPoint stake by 162%, purchasing 3.4 million additional shares as...