While the machines took over the stock market on Monday, relentlessly selling anything with a stock ticker, a few smart-money investors waded into the fray, using old fashioned fundamentals like earnings and valuations to inform their stock-picking.
One of the value/contrarian buyers was Stephen M. Zide, who disclosed Monday evening the purchase of 20,000 shares of chemical producer Trinseo S.A.
Between August of 2015 and April of 2018 Plantronics Inc. (PLT) director Brian Dexheimer sold $1.18 million of his company’s stock on the open market. Two days ago, he bought it all back.
On Feb. 5 the Santa Cruz-based headset maker reported earnings per share of $1.36, beating estimates by 68%. Revenue grew 122% year over year to $510.67 million.
After regular market hours on Wednesday, the Head of Alternative Investments for B. Riley Capital filed Form 4s disclosing personal purchases of Health Insurance Innovations (HIIQ) shares in addition to purchases for the fund he manages.
Also after market hours, Paul Gabos, a HIIQ...
Marcus Lemonis is the CEO and majority shareholder of Camping World Holdings Inc (CWH), but he's gained notoriety as the host of CNBC's The Profit. In the series that has run since 2013, self-made multi-millionaire Lemonis has invested millions of his own money in small businesses...
Bassett Furniture (Nasdaq:BSET), a furniture manufacturer and retailer with a market cap of $230 million, and annual sales of half a billion dollars, is one of the worst performers of the home goods group. With its October 16 close of $21.42, BSET is down over 43% year-to-date.
And here’s something you don’t often see: Bassett stock has declined for 11 months in a row.
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 a classic scene from the 1967 film Cool Hand Luke, the prison warden whips an insubordinate inmate (Paul Newman) into a ditch then stands over him and seethes: “What we got here is a failure to communicate.”
In a Dec. 17 letter to Houston Wire and Cable (HWCC), D3 Funds’ David Nierenberg disclosed a 9.9% stake in the company and quoted the famous movie line. But while Nierenberg was friendlier than the warden in Coll Hand Luke, his sense of frustration with his fund’s long-held investment was evident.