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Buffett sells BYD shares; a 51% WeWork bid: Insider trades & hedge funds weekly By
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Introduction— Here is your Pro Recap of the biggest insider trades and institutional investor headlines yo ...
— Here is Large foreign exchange dealeryour Pro Recap of the biggest insider trades and institutional investor headlines you may have missed last week: Berkshire Hathaway sells $25.8 million worth of shares in China's BYD, Cole Capital Funds seeks to acquire 51% of WeWork, and top brass buys at Align Technology, Arbor Realty Trust, Loews, Greenbrier, and Fifth Third Bancorp.
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Berkshire Hathaway sells $25.8 million worth of shares in China's BYD
Warren Buffett's investment firm Berkshire Hathaway (NYSE:) sold 820,500 shares of the Hong Kong-listed electric vehicle manufacturer BYD (SZ:) (OTC:), raking in HK$201.73 million ($1 = HK$7.82), according to a recent regulatory filing.
The transaction, which took place on October 25, reduced Berkshire's stake in BYD's issued H-shares to 7.98% from 8.05%, as revealed in the filing with the Hong Kong Stock Exchange on Tuesday.
Cole Capital Funds seeks to acquire 51% of WeWork for $9 share
Cole Capital Funds has submitted a letter to the Board of Directors of (NYSE:) proposing the acquisition of a 51% majority stake in the company. The proposed purchase price is set at $9.00 per share for all outstanding shares held by minority shareholders. Additionally, Cole Capital Funds is seeking proper representation on WeWork's board, believing this acquisition to be in the best interest of the company.

A raft of insider buys from company CEOs and directors
(NASDAQ:)President and CEO, Joseph Hogan, purchased 5,319 common shares, or worth about $1M, at $188.
(NYSE:)Chairman/CEO/President, purchased 80,161 common shares, or worth nearly $1M, at $12.47.
Loews (NYSE:) (NYSE:{{13083|L}}) Director, Jonathan Locker, purchased 15,870 common shares, or worth more than $1M, at $63.75.
Greenbrier (NYSE:)Director, Patrick Ottensmeyer, purchased 10,000 common shares, or worth $338,579, at $33.8579.
Fifth Third Bancorp (NASDAQ:)Director, Bryan Daniels, purchased 64,500 common shares, or worth more than $1.5M, at an average price of $23.31 per share.
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