Insider Trading (Tue 6/14/22)

Notable purchases -- Director adds to MGM; notable sales -- Affiliate active in VLDR

Buyers:

• AHCO Director bought 13,922 shares at $17.06 - $17.50 worth ~ $240K.
  
• ATEC 10% Owner and Director bought 87,329 shares at $7.10 - $7.31 worth ~ $630K.
  
• CBSH Director bought 5,000 shares at $65.85 worth ~ $330K.
  
• CVNA Chief Brand Officer and VP, Gen. Counsel & Secretary bought 42,000 shares at $21.79 - $23.74 worth ~ $960K.
  
• CWAN 10% Owner bought 162,482 shares at $13.59 - $13.90 worth ~ $2.2 mln.
  
• CWH CEO bought 38,350 shares at $25.92 - $26.89 worth ~ $1.0 mln.
  
• LGF.B Director bought 132,383 Class B common shares at $8.97 - $9.83 worth ~ $1.2 mln.
  
• LXP Directors bought 19,100 shares at $10.50 - $10.89 worth ~ $200K.
  
• MAC CEO bought 25,000 shares at $9.26 - $9.69 worth ~ $240K.
  
• MGM Director bought 34,500 shares at $28.66 - $29.04 worth ~ $1.0 mln.
  
• MTW Director bought 34,500 shares at $12.49 worth ~ $430K.
  
• NGM Director bought 984,161 shares at $13.50 worth ~ $13.3 mln.
  
• NRDY CEO bought 150,000 shares at $3.15 - $3.25 worth ~ $480K.
  
• NYCB Director bought 25,000 shares at $9.23 - $9.30 worth ~ $230K.
  
• SHEN President bought 11,670 shares at $21.39 - $21.45 worth ~ $250K.
  
• SOFI CEO and Director bought 100,000 shares at $5.36 - $5.73 worth ~ $550K.
  
• SSTK Director bought 10,000 shares at $56.28 - $56.74 worth ~ $560K.
  
• VCYT CEO bought 60,000 shares at $16.24 - $16.40 worth ~ $980K.

Sellers:

• VLDR Affiliate sold 1,657,220 shares at $1.25 - $1.45 worth ~ $2.1 mln.

=Manitowoc (MTW) reported 4Q earnings on Thur 28 Jan 2016 (a/h)

** charts before earnings **



** charts after earnings **

Manitowoc beats by $0.23, reports revs in-line :

• Reports Q4 (Dec) earnings of $0.43 per share, excluding non-recurring items,$0.23 better than the Capital IQ Consensus of $0.20; revenues fell 9.9% year/year to $934.8 mln vs the $932.15 mln Capital IQ Consensus.
• The company is initiating separate full-year 2016 guidance in anticipation of the separation of the Crane and Foodservice businesses
• For the full-year 2016, Manitowoc Foodservice expects:
  • Organic Revenue -- up 2% - 4% over 2015 net sales -- as adjusted (excludes KPS)
  • Organic operating margin -- between 16% and 17% (excludes KPS, includes corporate costs)
• For the full-year 2016, Manitowoc Cranes expects:
• Revenue -- approximately flat
• Operating margin -- approximately 4%

"The full-year 2016 net sales outlook for Manitowoc Cranes assumes no improvement in the global economic backdrop, but modest stabilization in demand. The full-year 2016 operating margin outlook incorporates the incremental corporate expenses Cranes will assume post-spin, offset by the cost optimization efforts we will continue to undertake."