Icahn Capital LP is Buying Icahn Enterprises L.p. (NASDAQ:IEP) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Icahn Enterprises L.p. (NASDAQ:IEP) reported that Icahn Capital LP has picked up 32,666,819 of common stock as of 2017-04-20.
The acquisition brings the aggregate amount owned by Icahn Capital LP to a total of 32,666,819 representing less than 20.4% stake in the company.
For those not familiar with the company, Icahn Enterprises L.P. (Icahn Enterprises) is a holding company. The Company’s segments include Automotive, Energy, Metals, Railcar, Gaming, Food Packaging, Mining, Real Estate and Home Fashion. The Company’s Investment segment includes various private investment funds. The Company operates its Automotive segment through its ownership in Federal-Mogul Holdings Corporation and IEH Auto Parts Holding LLC. The Company operates Energy segment through its controlling interest in CVR Energy, Inc. It operates its Metals segment through its subsidiary, PSC Metals, Inc. The Company operates its Railcar segment through its ownership interests in American Railcar Industries, Inc. Its Food Packaging segment consists of ownership in Viskase Companies, Inc. The Company’s Real Estate operations consist of rental real estate, property development and associated resorts. It also owns a limited partner interest in Icahn Enterprises Holdings L.P. (Icahn Enterprises Holdings).
A glance at Icahn Enterprises L.p. (NASDAQ:IEP)’s key stats reveals a current market capitalization of 7.60 Billion based on 158.01 Million shares outstanding and a price at last close of $49.21 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2017-02-22 Nelson picked up 92 at a purchase price of $53.71. This brings their total holding to 1,292 as of the date of the filing.
On the sell side, the most recent transaction saw Nelson unload 400 shares at a sale price of $55.34. This brings their total holding to 1,200.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Icahn Enterprises L.p. (NASDAQ:IEP) as things move forward to see if its progress aligns with these transactions.
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Tencent Holdings Ltd. Picked Up Tesla Inc. (NASDAQ:TSLA) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Tesla Inc. (NASDAQ:TSLA) reported that Tencent Holdings Ltd. has picked up 8,167,544 of common stock as of 2017-03-28.
The acquisition brings the aggregate amount owned by Tencent Holdings Ltd. to a total of 8,167,544 representing a 5.0% stake in the company.
For those not familiar with the company, Tesla, Inc., formerly Tesla Motors, Inc., designs, develops, manufactures and sells fully electric vehicles, and energy storage systems, as well as installs, operates and maintains solar and energy storage products. The Company operates through two segments: automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, and sales of electric vehicles. The energy generation and storage segment includes the design, manufacture, installation, and sale or lease of stationary energy storage products and solar energy systems to residential and commercial customers, or sale of electricity generated by its solar energy systems to customers. As of December 31, 2016, the Company produced and sold two fully electric vehicles, the Model S sedan and the Model X sport utility vehicle (SUV). It also offers Model 3, a sedan designed for the mass market. It develops energy storage products for use in homes, commercial facilities and utility sites.
A glance at Tesla Inc. (NASDAQ:TSLA)’s key stats reveals a current market capitalization of 46.56 Billion based on 162.90 Million shares outstanding and a price at last close of $278.50 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2017-03-17, Musk picked up 95,420 at a purchase price of $262.00. This brings their total holding to 33,599,088 as of the date of the filing.
On the sell side, the most recent transaction saw Musk unload 300 shares at a sale price of $254.62. This brings their total holding to 168,046.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Tesla Inc. (NASDAQ:TSLA) as things move forward to see if its progress aligns with these transactions.
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Lithia Motors Inc. (NYSE:LAD) is Attracting Smart Money
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Lithia Motors Inc. (NYSE:LAD) reported that Deboer Sidney B has picked up 1,262,231 of common stock as of 2017-02-23.
The acquisition brings the aggregate amount owned by Deboer Sidney B to a total of 1,262,231 representing a 5.0% stake in the company.
For those not familiar with the company, Lithia Motors, Inc. is an operator of automotive franchises and a retailer of new and used vehicles and services. The Company operates in three segments: Domestic, Import and Luxury. Its Domestic segment consists of retail automotive franchises that sell new vehicles of Chrysler, General Motors and Ford. Its Import segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Honda, Toyota, Subaru, Nissan and Volkswagen. Its Luxury segment consists of retail automotive franchises that sell new vehicles of BMW, Mercedes-Benz and Lexus. Its franchises in each segment sell used vehicles, parts and automotive services, and automotive finance and insurance products. Its operations involve the use, handling, storage and contracting for recycling and disposal of materials, such as motor oil and filters, transmission fluids, antifreeze, refrigerants, paints, thinners, batteries, cleaning products, lubricants, degreasing agents, tires and fuel.
A glance at Lithia Motors Inc. (NYSE:LAD)’s key stats reveals a current market capitalization of 2.39 billion based on 23.40 million shares outstanding and a price at last close of $97.32 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2016-04-26, Becker picked up 140 at a purchase price of $83.98. This brings their total holding to 65,000 as of the date of the filing.
On the sell side, the most recent transaction saw Cain unload 1,182 shares at a sale price of $101.82. This brings their total holding to 12,824.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Lithia Motors Inc. (NYSE:LAD) as things move forward to see if its progress aligns with these transactions.
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Wabco Holdings Inc. (NYSE:WBC) Shares is Attracting Smart Money
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Wabco Holdings Inc. (NYSE:WBC) reported that Edgepoint Investment Group Inc. has picked up 3,110,187 of common stock as of 2017-02-14.
The acquisition brings the aggregate amount owned by Edgepoint Investment Group Inc. to a total of 3,110,187 representing a 5.6% stake in the company.
For those not familiar with the company, WABCO Holdings Inc. is a supplier of electronic, mechanical, electro-mechanical and aerodynamic products for various manufacturers. The Company engineers, develops, manufactures and sells systems controlling braking, stability, suspension, transmission automation, as well transmission automation and air management systems for commercial vehicles. It sells its products to truck and bus original equipment manufacturers (OEMs); commercial vehicle aftermarket distributors for replacement parts and services and commercial vehicle fleet operators for management solutions and service; trailer OEMs, and car manufacturers. For passenger cars, including sports utility vehicles (SUVs), the Company supplies products for niche applications. The Company’s products include anti-lock braking systems (ABS), electronic braking systems (EBS), electronic stability control (ESC), brake controls, automated manual transmission systems, air disc brakes and a range of conventional mechanical products.
A glance at Wabco Holdings Inc. (NYSE:WBC)’s key stats reveals a current market capitalization of 6.31 billion based on 55.09 million shares outstanding and a price at last close of $115.74 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2015-08-19, Keizer picked up 200 at a purchase price of $119.61. This brings their total holding to 805 as of the date of the filing.
On the sell side, the most recent transaction saw Rens unload 390 shares at a sale price of $105.01. This brings their total holding to 8,665.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Wabco Holdings Inc. (NYSE:WBC) as things move forward to see if its progress aligns with these transactions.
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