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.

=Shutterstock (SSTK) reported earnings on Tue 6 Aug 2019 (b/o)

Shutterstock beats by $0.02, misses on revs; guides FY19 revs below consensus

Reports Q2 (Jun) earnings of $0.33 per share, excluding non-recurring items, $0.02 better thanthe S&P Capital IQ Consensus of $0.31; revenues rose 3.3% year/year to $161.74 mln vs the $171.93 mln S&P Capital IQ Consensus.

Co issues downside guidancefor FY19, sees FY19 revs of $645-670 mln vs. $687.23 mln S&P Capital IQ Consensus and vs prior guidance of $685-695 mln.

"This quarter we continued to see demand from our customers around the globe...However, we recognize that there is room for improvement in our Enterprise sales channel and, in the near-term, have revised our outlook for the year as our team develops strategies to reaccelerate growth."

Earnings this week : Aug 5 - 9, 19 (wk 32)

Monday (Aug 5)

• Morning: ATRO CARS CYOU KMPR L TA TSN 
• Afternoon: APLE CAR BKD CBT CZR CBPO COHU CXW  EVER  PLOW DCO FRPT HIIQ PODD ITRI KLAC RAMP MAR O SHAK SWAV SNCR TTWO THC WWD

Tuesday (Aug 6)

• Morning:  AFI BHC BDX APRN CAR  CRCM CHK CHH DF DISCA DUK ERI ENR HSIC JLL LGIH MNK MGP MOS  EYE PAYS PLUG SEAS SSTK TEN  FLOW VRTV VG WBT WLK ZTS
• Afternoon: ACLS ADT AFG AINV AIZ AKCA AMN ANDE APEI ARLO AVD AXGN BECN BNFT BOLD BTG CARG CGBD CMP CPE CPSI CTRE CUB DCP DHT DIS DVN DXPE EDIT ENLC ENTA EVH EVRI FANG FATE FLT FTR GBT GCP GH GTES  GWPH HALO HCKT HCR HST HTZ HUBS ICHR INSG INSP IOSP JAZZ KAR KRNT LC LOPE LRN LTHM MAXR MBI MCHP MMI MODN MTCH NDLS NEWR NP NUS NVTA OAS OHI OSUR PAA PAGP PBPB PE PEN PLNT PLT PLYA POWL PTCT PXD PZZA QUOT RRR RTRX SAIL SCOR SEDG SSTI STAY SUPN SWN SWX TGH TROX TWO TXMD VOYA VREX WK WMC WTR WTTR WW WYNN Y ZAGG ZGNX

Wednesday (Aug 7)

• Morning: AMAG ANIP ATHM ATKR AVA BCOR BV CNP CNR CORE CPRI CSTE CVS CYBR DNR DOC ETM EVOP FUN GOLF GTN HL HZNP ICPT INGN INXN IONS JELD KELY.A LAMR LL LXP MDCA MFA MIDD NRG NVMI NXST NYT ODP OMI QEP SBGI SGRY SINA SND SPB SRC SSW STWD TELL TEVA VER VGR WAAS WB WD WEN WWW
• Afternoon: AAOI, AGO, AGS, AIG, ALB, AMPH, ANGI, AOSL, APYX, ARNA, ASRT, ATO, AVLR, AZPN, BKNG, BREW, CABO, CAI, CCMP, CDE, CECO, CLI, COLL, CPA, CPRX, CSGS, CTL, CVNA, CWH, DAR, DDD, DOX, DVAX, EB, ECPG, ENS, ENV, ET, EVRG, FG, FLO, FNV, FOSL, FOXA, FRGI, FSCT, FSM, FTDR, FTK, G, GBDC, GDOT, GKOS, GLPI, GTE, HHC, IAC, IAG, ICUI, IIPR, IMMU, INFN, IVR, JACK, KIDS, KRO, LHCG, LYFT, MATX, MELI, MFC, MNST, MRAM, MRO, NTES, NTRA, NUAN, NVEE, OPK, ORA, PAAS, PDCE, PEGA, PETQ, PRA, PRI, PRSC, PTLA, QHC, QRTEA, QTWO, RCII, RDUS, REZI, RGLD, RGNX, RLJ, ROKU, RUN, RYAM, RYN, SENS, SFLY, SGMO, SJI, SONO, SRPT, STMP, SUN, SWCH, SWKS, SWM, TCX, TLND, TPIC, TRIP, TTGT, TVTY, TWNK, UHAL, UPLD, UPWK, VERI, WMGI, ZG, ZVO 

Thursday (Aug 8)

• Morning: ACIW, AMC, AMRC, AZUL, BAM, BPMP, CAH, CBB, CCOI, CDLX, CEVA, CNNE, COMM, COT, CRON, CSWI, CVIA, DESP, EBIX, ECOM, EGRX, EPAM, ESPR, FOCS, FOLD, FVRR, GOGO, GTS, GTT, HIMX, HMHC, IBP, KDP, KHC, KOP, KTB, LAUR, LITE, LKSD, LNG, MGA, MMS, MPAA, MUR, NBEV, NCLH, NGL, NHI, NICE, NOMD, NS, OGE, PCRX, PNW, PQG, PRGO, PRTY, PTE, RDNT, REV, RLGY, SATS, SNH, SUP, TAST, THR, TTI, TW, USPH, VIAB, VIRT, VSTO
• Afternoon: AAXN AIMT AIRG AL ALRM ALTR AMBC APPN AQN ASYS ATVI AVT AXA C CBS CHUY CISN CNDT COLD CUTR CYRX DBX DXC ELY EPAY EQH ESE FGEN FLNT FNKO FSLY FTCH HBM IIIV JAG MAIN MDP MDRX MESA MTW NKTR NNBR NNI NVGS NVRO NWSA OMER OSTK PBYI PCTY PRA PRAA PUMP QDEL QNST RBA ROAD RVLV SEMG SIEN SPPI SSR SSRM SYMC SYNA TERP TPC TRHC TRUE TSE TTD UBER UNIT VRAY VRTU VSAT VSLR WAIR WPM WPRT WTRH XON YELP

Friday (Aug 9) 
Morning: 

• CBM CLNY DPLO ERF HPT SSP TRCO USCR YRCW

Mon Aug 5 a/h

Thur  Aug 8 a/h

-=Shutterstock (SSTK) reported earnings on Tue 30 Oct 2018 (b/o)

Shutterstock beats by $0.01, misses on revs; guides FY18 revs below consensus 

Reports Q3 (Sep) earnings of $0.38 per share, excluding non-recurring items, $0.01 better thanthe S&P Capital IQ Consensus of $0.37; revenues rose 7.4% year/year to $151.6 mln vs the $157.88 mln S&P Capital IQ Consensus.

• Revenue of $151.6 million for the third quarter of 2018 increased$10.5 million, or 7.5%, as compared to the third quarter of 2017, driven by positive year-over-year growth in both our e-commerce and enterprise channels.
• Revenue generated through our e-commerce platform increased approximately 8.5% as compared to the third quarter of 2017, to $88.7 million, representing 58.5% of total revenue in the third quarter of 2018.

Co issues downside guidancefor FY18, sees FY18 revs of $625-630 mln vs. $633.81 mln S&P Capital IQ Consensus.

• Tightening the range from the previous guidance of $625 - $635 million for revs
• Adjusted EBITDA of approximately $105 million, representing growth of approximately 19.3%, tightening from the previous guidance of $105 - $110 million.

=Shutterstock (SSTK) reported earnings on Wed 2 Aug 2017 (b/o)

NEW YORK (AP) _ Shutterstock Inc. (SSTK) on Wednesday reported second-quarter profit of $3.1 million.

On a per-share basis, the New York-based company said it had net income of 9 cents. Earnings, adjusted for stock option expense and costs related to mergers and acquisitions, were 24 cents per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share.

The online marketplace for royalty-free images and videos posted revenue of $134 million in the period, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $137.9 million.

Shutterstock expects full-year revenue in the range of $535 million to $545 million.

Shutterstock shares have fallen 12 percent since the beginning of the year. The stock has declined 25 percent in the last 12 months.

=Shutterstock (SSTK) reported earnings on Mon 27 Feb 17 (b/o)

Shutterstock misses by $0.03, misses on revs; guides FY17 revs below consensus:

• Reports Q4 (Dec) earnings of $0.42 per share, excluding non-recurring items, $0.03 worse than the Capital IQ Consensus of $0.45; revenues rose 12.2% year/year to $130.17 mln vs the $135.29 mln Capital IQ Consensus.
• FY16 Key Operating Metrics
  • Paid downloads increased 14%
  • Revenue per download increased 1%
  • Image collection expanded 63% to 116.2 million images
  • Video collection expanded 68% to 6.2 million clips
• Co issues downside guidance for FY17, sees FY17 revs of $545-560 mln vs. $578.21 mln Capital IQ Consensus Estimate; sees Income from Operations of $47-52 million
• In addition, Shutterstock announced today that Steven Berns, its Chief Financial Officer, has been appointed as Chief Operating Officer effective March 1, 2017. Along with his new responsibility, Mr. Berns will also continue in his role as Chief Financial Officer.

Great long trade : Shutterstock (SSTK) +35% (Sept '13)

bought $52, sold $70 --> profit 35%

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