Aurora Cannabis Inc. (OTCMKTS:ACBFF) ACBFF leading the way for Cannabis companies?
Today (OTCMKTS:ACBFF) Aurora Cannabis had gains of more than 7% on news that they will be making investments in Hempco HEMP.V
Both of these companies are leading the way in the cannabis industry. With growing interest from consumers and manufactures alike, hemp products are trending and investors are begging to be part of this movement.
VANCOUVER and BURNABY, BC , June 8, 2017 /CNW/ – Aurora Cannabis Inc. (the “Company” or “Aurora”) (ACB.V) (ACBFF) ( Frankfurt : 21P; WKN: A1C4WM) and Hempco Food and Fiber Inc. (“Hempco”) (HEMP.V) are pleased to announce that Aurora will be making a strategic investment in Hempco for an ownership stake of up to 19.9% on a fully diluted basis, subject to Regulatory and Board approvals, as well as satisfactory completion of due diligence. Additionally, subject to customary conditions, Aurora will obtain an option to acquire shares from the majority owners of Hempco that, upon exercise of the option, will bring Aurora’s total ownership interest in Hempco to 50.1% on a fully diluted basis.
This news brought hungry investors into both ACBFF and HEMP.V with gains in ACBFF of more than 7% and HEMP.V showing double digit gains around 14%.
Hempco is one of the world’s largest industrial producers of hemp and hemp products, and currently offers three primary product lines: (1) bulk and packaged food products (e.g. hemp protein powder, hemp seeds or hearts, hemp oil etc.); (2) hemp fibre; and (3) nutraceuticals. Hempco’s line of packaged foods are sold under the brand “Planet Hemp” and are distributed globally in seven countries.
The target market for these products includes, but is not limited to, health conscious consumers, including vegetarians seeking to supplement protein and reduce or eliminate animal product intake, as well as an increasing number of consumers focused on managing and preventing a variety of health issues through a healthy diet, known as “LOHAS”, Lifestyles of Health and Sustainability, and “millenials” looking for clean and “green” products.
In August of 2016 ACBFF was sitting around $0.35 a share but just a few months later it hit a high around $2.70 in the middle of November. Over the next 6 months ACBFF bounced between $1.70 and $2.65 with average volume over the last 30 days around 490,000 shares. Just in the last week some heavy than normal selling brought the PPC to a low of $1.50
We will continue to watch ACBFF over the short term and keep you updated on any changes that deserve your attention.
Fisher Doris F picked up Gap Inc (NYSE:GPS) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Gap Inc (NYSE:GPS)
reported that Fisher Doris F has picked up 25,787,331 of common stock as of 2017-04-03.
The acquisition brings the aggregate amount owned by Fisher Doris F to a total of 25,787,331 representing a 6.4% stake in the company.
For those not familiar with the company, The Gap, Inc. (Gap Inc.) is an apparel retail company. The Company offers apparel, accessories and personal care products for men, women and children under the Gap, Banana Republic, Old Navy, Athleta and Intermix brands. Its products are available to customers online through Company-owned Websites and through the use of third-parties that provide logistics and fulfillment services. It also sells products that are designed and manufactured by branded third-parties, especially at its Intermix brands. The Company’s segments include Gap Global, Old Navy Global, Banana Republic Global, Athleta and Intermix. Its omni-channel services, including order-in-store, reserve-in-store, find-in-store and ship-from-store are tailored across its portfolio of brands. Gap Inc. The Company has Company-operated stores in the United States, Canada, the United Kingdom, France, Ireland, Japan, Italy, China, Taiwan and Hong Kong.
A glance at Gap Inc (NYSE:GPS) ’s key stats reveals a current market capitalization of 9.42 Million based on 399.84 Million shares outstanding and a price at last close of $23.71 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2015-11-23, Peck picked up 37,150 at a purchase price of $26.99. This brings their total holding to 37,150 as of the date of the filing.
On the sell side, the most recent transaction saw Fisher unload 17,279 shares at a sale price of $24.58. This brings their total holding to 8,850,449.
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 Gap Inc (NYSE:GPS) as things move forward to see if its progress aligns with these transactions.
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Guess Who Picked Up Christopher & Banks Corp (NYSE:CBK) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Christopher & Banks Corp (NYSE:CBK) reported that Macellum Retail Opportunity Fund, Lp. has picked up 4,189,957 of common stock as of 2017-03-30.
The acquisition brings the aggregate amount owned by Macellum Retail Opportunity Fund, Lp. to a total of 4,189,957 representing a 11.1% stake in the company.
For those not familiar with the company, Christopher & Banks Corporation is a national specialty retailer featuring private-brand women’s apparel and accessories. The Company offers its customers an assortment of clothing for everyday needs. Its merchandise assortments include designs of women’s apparel, generally consisting of casual clothing, everyday basics, wear-to-work, leisure/active wear, and sleepwear in missy, petite and women sizes. The Company also offers a selection of jewelry and accessories, including footwear. The Company operates in the Retail Operations segment, which includes the operation of its retail stores, outlet stores, online and mobile. The Retail Operations segment includes activities generated by the Company’s retail store locations (Missy Petite Women (MPW), Outlet stores, Christopher & Banks (CB), and C.J. Banks (CJ)), as well as the e-commerce business. Its merchandise is developed for women of all sizes, age 40 and older.
A glance at Christopher & Banks Corp (NYSE:CBK)’s key stats reveals a current market capitalization of 57.98 Million based on 37.62 Million shares outstanding and a price at last close of $1.50 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2017-03-29, Duskin picked up 74,294 at a purchase price of $1.47. This brings their total holding to 4,189,957 as of the date of the filing.
On the sell side, the most recent transaction saw Levin unload 6,020 shares at a sale price of $10.59. This brings their total holding to 52,320.
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 Christopher & Banks Corp (NYSE:CBK) as things move forward to see if its progress aligns with these transactions.
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Here’s Who Just Picked Up Jamba Inc. (NASDAQ:JMBA) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Jamba Inc. (NASDAQ:JMBA) reported that Engaged Capital has picked up 2,466,047 of common stock as of 2017-03-20.
The acquisition brings the aggregate amount owned by Engaged Capital to a total of 2,466,047 representing a 16.1% stake in the company.
For those not familiar with the company, Jamba, Inc. is a restaurant retailer of specialty food and beverage offerings. The Company operates through retail segment. The Company’s offerings include whole fruit smoothies, squeezed juices and juice blends, Energy Bowls, and a range of food items including, hot oatmeal, breakfast wraps, sandwiches, Artisan Flatbreads, baked goods and snacks. The Company, through its subsidiary, Jamba Juice Company, operates a lifestyle brand. The Company has a global business driven by a portfolio of franchised and company-owned Jamba Juice stores, and licensed JambaGO and Jamba Juice Express formats. The Company has approximately 890 Jamba Juice stores globally, consisting of over 70 company-owned and operated stores, all located in the United States (Company Stores), approximately 740 franchisee-owned and operated stores (Franchise Stores) in the United States, and over 70 Franchise Stores in international locations (International Stores), collectively the (Jamba System).
A glance at Jamba Inc. (NASDAQ:JMBA)’s key stats reveals a current market capitalization of 146.42 Million based on 15.33 Million shares outstanding and a price at last close of $9.59 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2017-03-16, Welling picked up 7,600 at a purchase price of $9.85. This brings their total holding to 2,466,047 as of the date of the filing.
On the sell side, the most recent transaction saw Joliff unload 1,031 shares at a sale price of $9.90. This brings their total holding to 19,238.
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 Jamba Inc. (NASDAQ:JMBA) as things move forward to see if its progress aligns with these transactions.
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Arrowstreet Capital is Buying Abercrombie & Fitch Co (NYSE:ANF) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Abercrombie & Fitch Co (NYSE:ANF) reported that Arrowstreet Capital has picked up 2,491,145 of common stock as of 2017-03-20.
The acquisition brings the aggregate amount owned by Arrowstreet Capital to a total of 2,491,145 representing a 3.7% stake in the company.
For those not familiar with the company, Abercrombie & Fitch Co. (A&F) is a specialty retailer that operates stores and direct-to-consumer operations. Through these channels, the Company sells products, including casual sportswear apparel, including knit tops and woven shirts, graphic t-shirts, fleece, jeans and woven pants, shorts, sweaters and outerwear; personal care products, and accessories for men, women and kids under the Abercrombie & Fitch, abercrombie kids and Hollister brands. Its segments include Abercrombie, which includes the Company’s Abercrombie & Fitch and abercrombie kids brands, and Hollister. A&F operates approximately 750 stores in the United States and over 180 stores outside of the United States. It operates Websites for each brand, both domestically and internationally. The Websites are available in over 10 languages, accepting over 30 currencies and shipping to over 120 countries. It sources merchandise through over 150 vendors located throughout the world, primarily in Asia and Central America.
A glance at Abercrombie & Fitch Co (NYSE:ANF)’s key stats reveals a current market capitalization of 785.84 Million based on 67.67 Million shares outstanding and a price at last close of $11.67 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2016-09-08, Horowitz picked up 15,000 at a purchase price of $17.32. This brings their total holding to 44,701 as of the date of the filing.
On the sell side, the most recent transaction saw Chang unload 7,600 shares at a sale price of $32.05. This brings their total holding to 35,014.
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 Abercrombie & Fitch Co (NYSE:ANF) as things move forward to see if its progress aligns with these transactions.
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Guess Who Picked Up Destination Maternity Corp (NASDAQ:DEST) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Destination Maternity Corp (NASDAQ:DEST) reported that Heartland Advisors Inc. has picked up 653,976 of common stock as of 2017-03-07.
The acquisition brings the aggregate amount owned by Heartland Advisors Inc. to a total of 653,976 representing a 0.7% stake in the company.
For those not familiar with the company, Destination Maternity Corporation, formerly Mothers Work, Inc. is a designer and retailer of maternity apparel in the United States. The Company operates a chain of maternity apparel specialty stores. The Company operates through the design, manufacture, and sale of maternity apparel and related accessories segment. It operates approximately 1,815 retail locations, including over 540 stores in the United States, Canada and Puerto Rico, and approximately 1,280 leased departments located within department stores and baby specialty stores throughout the United States, in Puerto Rico and, in England. The Company sells merchandise on the Internet, primarily through its Motherhood.com, APeaInThePod.com and DestinationMaternity.com Websites. The Company also sells its merchandise through its Canadian Website, MotherhoodCanada.ca, through Amazon.com in the United States, and through Websites of certain of its retail partners.
A glance at Destination Maternity Corp (NASDAQ:DEST)’s key stats reveals a current market capitalization of 68.95 Million based on 14.01 Million shares outstanding and a price at last close of $4.95 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2014-12-12, Erdos picked up 15,000 at a purchase price of $15.15. This brings their total holding to 39,000 as of the date of the filing.
On the sell side, the most recent transaction saw Tirnauer unload 11,243 shares at a sale price of $30.48. This brings their total holding to 31,340.
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 Destination Maternity Corp (NASDAQ:DEST) as things move forward to see if its progress aligns with these transactions.
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Build A Bear Workshop Inc. (NYSE:BBW) is Attracting Smart Money
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Build A Bear Workshop Inc. (NYSE:BBW) reported that Point72 Asset Management has picked up 2,341,479 of common stock as of 2017-02-27.
The acquisition brings the aggregate amount owned by Point72 Asset Management to a total of 2,341,479 representing a 14.8% stake in the company.
For those not familiar with the company, Build-A-Bear Workshop, Inc. is primarily a specialty retailer offering a make your own stuffed animal interactive retail-entertainment experience. The Company’s segments include direct-to-consumer (DTC), international franchising and commercial. The DTC segment includes the activities of Company-owned stores in the United States, Canada, the United Kingdom, Ireland and Denmark, and other retail delivery operations, including its e-commerce sites and temporary stores. The international franchising segment includes the licensing activities of its franchise agreements with store locations in Europe, Asia, Australia, Africa, the Middle East and Mexico. The commercial segment markets the naming and branding rights of its intellectual properties for third-party use. Its retail stores offer various merchandise, including over 30 different styles of animals to be stuffed, sounds and scents that can be added to the stuffed animals, and a range of clothing, shoes and accessories, among others.
A glance at Build A Bear Workshop Inc. (NYSE:BBW)’s key stats reveals a current market capitalization of 183.24 million based on 15.85 Million shares outstanding and a price at last close of $9.45 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2014-07-29, Fencl picked up 2,000 at a purchase price of $10.50. This brings their total holding to 128,007 as of the date of the filing.
On the sell side, the most recent transaction saw Gould unload 6,000 shares at a sale price of $19.90. This brings their total holding to 40,145.
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 Build A Bear Workshop Inc. (NYSE:BBW) as things move forward to see if its progress aligns with these transactions.
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Here’s Who Just Picked Up Sally Beauty Holdings Inc. (NYSE:SBH) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Sally Beauty Holdings Inc. (NYSE:SBH) reported that Jackson Square Partners, Llc. has picked up 6,791,128 of common stock as of 2017-02-24.
The acquisition brings the aggregate amount owned by Jackson Square Partners, Llc. to a total of 6,791,128 representing a 4.73% stake in the company.
For those not familiar with the company, Sally Beauty Holdings, Inc. is an international specialty retailer and distributor of professional beauty supplies with operations primarily in North America, South America and Europe. The Company operates through two business segments: Sally Beauty Supply and Beauty Systems Group (BSG). Sally Beauty Supply is a domestic and international chain of cash and carry retail stores, which offers professional beauty supplies to both salon professionals and retail customers primarily in North America, Puerto Rico, and parts of Europe and South America. BSG, including its franchise-based business Armstrong McCall, is a full service beauty supply distributor, which offers professional brands of beauty products directly to salons and salon professionals through its own sales force and professional-only stores (including franchise stores) in partially exclusive geographical territories in North America and parts of Europe.
A glance at Sally Beauty Holdings Inc. (NYSE:SBH)’s key stats reveals a current market capitalization of 3.10 billion based on 142.56 million shares outstanding and a price at last close of $22.37 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2015-11-19, Brickman picked up 20,000 at a purchase price of $25.35. This brings their total holding to 139,874 as of the date of the filing.
On the sell side, the most recent transaction saw Minton unload 11,250 shares at a sale price of $22.88. This brings their total holding to 15,389.
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 Sally Beauty Holdings Inc. (NYSE:SBH) as things move forward to see if its progress aligns with these transactions.
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