Top Insider sales-week ending Dec 19, 2020
Instututional
Fiserv, Inc. solf by Kohlberg Kravis Roberts &co. Inc: $2.21b-Dec 14
Fiserv, Inc. specializes in the development and integration of IT solutions for the financial and insurance sectors. Net sales break down by activity as follows:
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on-line banking and investment support (76.5%): solutions for on-line payment, solutions for placing share orders, paying for securities, managing retirement savings plans, etc.;
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financial management (23.5%): transaction and loan management solutions, data treatment, CRM, hosting solutions of online activities and outsourcing services for financial institutions (banks, leasing companies, real estate lending companies, etc.) and insurance companies.
The United States account for 88% of net sales. Number of employees : 44 000 people.
https://www.marketscreener.com/quote/stock/FISERV-INC-4873/company/
FISERV INC : Other Events (form 8-K)
On December 14, 2020, New Omaha Holdings L.P. ("New Omaha"), which is owned by investment funds managed by Kohlberg Kravis Roberts & Co. L.P., completed the previously announced underwritten secondary public offering (the "Offering") of 20,125,000 shares of common stock, par value $0.01 per share (the "common stock"), of Fiserv, Inc. (the "Company") (which amount includes 2,625,000 shares pursuant to the full exercise of the option to purchase additional shares granted by New Omaha to the Underwriters (as defined below) solely to cover over-allotments). The Company did not sell any shares in, nor did it receive any proceeds from, the Offering.
https://www.marketscreener.com/quote/stock/FISERV-INC-4873/news/FISERV-INC-Other-Events-form-8-K-32009948/
New Omaha 'holdco' of KKR
https://www.finviz.com/insidertrading.ashx?oc=1654991&tc=7&b=2
KKR
https://www.finviz.com/insidertrading.ashx?oc=1472698&tc=7&b=2
Individual
Napco Security Technologies sold by President/CEO/Secretary: $55.15m-Dec 15
NAPCO SECURITY TECHNOLOGIES, INC : Entry into a Material Definitive Agreement, Other Events, Financial Statements and Exhibits (form 8-K)
On December 10, 2020, NAPCO Security Technologies, Inc. (the "Company") entered into an underwriting agreement (the "Underwriting Agreement") with B. Riley Securities, Inc. and Needham & Company, LLC (the "Underwriters"), and the Company's President and Chief Executive Officer, Richard L. Soloway (the "Selling Stockholder"), relating to the sale by the Selling Stockholder of 2,333,071 shares of the Company's common stock owned by him in an underwritten secondary public offering, at a price to the public of $26.00 per share.
https://www.marketscreener.com/quote/stock/NAPCO-SECURITY-TECHNOLOGI-10252/news/NAPCO-SECURITY-TECHNOLOGIES-INC-Entry-into-a-Material-Definitive-Agreement-Other-Events-Financi-32009906/
NAPCO Security Technologies, Inc. is a manufacturer of security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. These products are used for commercial, residential, institutional, industrial and governmental applications, and are sold across the world principally to independent distributors, dealers and installers of security equipment. The Company manufactures and markets various products for alarm systems, which include automatic communicators, control panels, combination control panels/digital communicators and digital keypad systems, fire alarm control panel and area detectors. It manufactures a range of door locking devices, including microprocessor-based electronic door locks with push button, card reader and bio-metric operation, door alarms, mechanical door locks and simple dead bolt locks. It also markets peripheral and related equipment manufactured by other companies. Number of employees : 1 161 people.
https://www.marketscreener.com/quote/stock/NAPCO-SECURITY-TECHNOLOGI-10252/company/
https://www.finviz.com/insidertrading.ashx?oc=1254037&tc=7&b=2