Barron's Online reports that Pardus Capital Management started to aggressively buy Visteon (VC) shares as they sank near record lows in March. The hedge fund has spent just under $80m to purchase 14.25m so far this year. This gives Pardus a stake of 11.1% of Visteon's 127.98m outstanding shares.
According to the NY Post, Under Armour (UARM) insiders, including founder Kevin Plank and his family, sold 7.7m shares over past several days.
Notablecalls: UARM looks like hype stock, insider fast bailout reminds me TASR and other similar cases.