Today's Market Focus: Gentex, Elan, Zynga, Western Union, Johnson & Johnson, Vale SA
Insiderslab.com has issued insider trading reports and Equity Research for the following companies: Gentex (NASDAQ:GNTX), Elan (NYSE:ELN), Zynga (NASDAQ:ZNGA), Western Union (NYSE:WU), Johnson & Johnson (NYSE:JNJ), Vale SA (NYSE:VALE.P).
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Report Highlights:
Gentex Corporation (NASDAQ:GNTX): For the second quarter of 2012, Gentex Corporation (NASDAQ:GNTX) reported net sales were US$280.3 million, up 15% from the same quarter of 2011. Net income for the quarter was jumped by 6% to US$40.8 million, from a net income of US$38.5 million a year earlier. By market close, shares of Gentex tumbled US$6.14 (or -29.05%) to US$15.01 and made a new 52-week low of US$14.38. Abnormal trading volume of Gentex was found reaching 22.44 million shares, 20 times heavier than usual day trading. Where do you think Gentex will go from here? Academic studies clarify that professional investors can get benefit from insider trading data. Do you want to trace Gentex on an on-going basis? It can be done for free by registering below.
Read Full Report: http://www.insiderslab.com/PR3/072512B/GNTX/Gentex.pdf
Elan Corporation, plc (ADR) (NYSE:ELN): By the end of Tuesday’s trading, shares of Elan Corporation, plc (ADR) (NYSE:ELN) slumped 14.73% to US$11.52. Share prices of Elan have traded as high as US$15.27 per share and as low as US$8.58 in the past 52 weeks. Its price, as of the latest close, was up 34.3% compared with the 52-week low and was 32.6% below the 52-week high. There were 21.11 million stock shares traded, which was 7.7 times more than average volume. Elan Corporation, plc is a neuroscience-based biotechnology company. Insiderslab.com refers insider trading data to professional investors as it believes that Elan insiders have a better understanding about the company's prospects. Do you want to know when Elan insiders will buy their shares?
Read Full Report: http://www.insiderslab.com/PR3/072512B/ELN/Elan.pdf
Zynga Inc. (NASDAQ:ZNGA): Insiderslab.com found two insiders trading: A substantial Market Sale made by company Senior Vice President, General Counsel, Secretary -- Reginald D. Davis on July 16, at stock price US$4.89. Disclose date: July 17. On that same day, company Chief Accounting Officer, Mark Vranesh, sold 4,580 shares at stock price US$4.91 for about US$22,510. On July 19, Zynga Inc. (NASDAQ:ZNGA) announced that Ellen Siminoff, President and CEO of Shmoop University, Inc. and a founding executive at Yahoo!, has been appointed to the company's Board of Directors. By the end of Tuesday’s trading, shares of Zynga ended lower by US$0.18 (or -3.44%) to US$4.91 with more than 25.02 million shares exchanged hands for the session, compared to its average volume of 22.01 million shares. Its price, as of the latest close, was up 10.3% compared with the 52-week low and was 224.0% below the 52-week high. According to academic studies, company insiders traditionally make higher investment returns than ordinary investors. Want to find out how they do it?
Read Full Report: http://www.insiderslab.com/PR3/072512B/ZNGA/Zynga.pdf
Today Insiderslab.com also observed abnormal trade volume for the following companies; insiders may involve trading in these companies. It will take some time for insiders to report their trades. Read these reports and add these companies into your Insider Trade Radar.
The Western Union Company (NYSE:WU):
Read Full Report: http://www.insiderslab.com/PR3/072512B/WU/WesternUnion.pdf
Johnson & Johnson (NYSE:JNJ):
Read Full Report: http://www.insiderslab.com/PR3/072512B/JNJ/Johnson.pdf
Vale SA (ADR) (NYSE:VALE.P):
Read Full Report: http://www.insiderslab.com/PR3/072512B/VALEP/ValeSA.pdf
Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
About Insiderslab.com:
Insiderslab.com covers insider trade data in major stock markets in the U.S., Hong Kong, Mainland China, and Singapore. Insiderslab.com features a team of experienced data analysts striving to provide the investment community with the tools, software, and data necessary to carry out more effective investment research.
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SOURCE Insiderslab.com; Insiders.hk
Editor: Janet Nan Jiang
Source:
insiderslab.com
www.insiderslab.com
Reported on Jul 25, 2012
More Insider News ...
Today's Notable Trades
Graystone Co (GYST)
First-Class Insider (CFO): Howarth Paul
Sold 500,000 Common Stock, Class A (Non-Derivative security at $0.001) on Jun 17, 2013. Direct holding 1,802,202 shares/units after transaction. Holdings decreased -21.72%.
Filing date: Jun 19, 2013. Record updated at 15:21:49.
PAIN THERAPEUTICS INC (PTIE)
Director: Ramasastry Saira
Acquired 25,000 Non-Qualifying Stock Options (1) (Derivative security at conversion or exercise price: $2.380) on Jun 14, 2013. Direct holding 75,000 shares/units after transaction. Non-Qualifying Stock Options (1) expires on Jun 14, 23. Holdings increased 50.00%.
Filing date: Jun 19, 2013. Record updated at 15:21:35.
BOSTON BEER CO INC (SAM)
Director: PEARSON CUMMIN
Acquired 1,337 Class A Common (Non-Derivative security at $38.555) on Jun 18, 2013. Direct holding 10,553 shares/units after transaction. Holdings increased 14.51%.
Filing date: Jun 19, 2013. Record updated at 15:21:22.
CHRISTOPHER & BANKS CORP (CBK)
Director: Cohn Mark A
Sold 9,800 Common Stock (Non-Derivative security at $6.351) on Jun 18, 2013. Direct holding 47,410 shares/units after transaction. Holdings decreased -17.13%.
Filing date: Jun 19, 2013. Record updated at 15:20:54.
CHESAPEAKE UTILITIES CORP (CPK)
Director: Hill Thomas P Jr
Acquired 1,400 Common Stock (Non-Derivative security at $52.220) on Jun 17, 2013. Indirect holding 6,273 shares/units after transaction. Holdings increased 28.73%.
Filing date: Jun 19, 2013. Record updated at 15:18:09.
S&T BANCORP INC (STBA)
Director: SPADAFORA CHARLES A
Sold 1,000 Common Stock (Non-Derivative security at $18.815) on Jun 17, 2013. Indirect holding 2,600 shares/units after transaction. Holdings decreased -27.78%.
Filing date: Jun 19, 2013. Record updated at 15:16:33.
Orchids Paper Products CO /DE (TIS)
First-Class Insider (President and CEO): SNYDER ROBERT A
Acquired 14,091 Common Stock (Non-Derivative security at $6.810) on Jun 18, 2013. Direct holding 52,091 shares/units after transaction. Holdings increased 37.08%.
Filing date: Jun 19, 2013. Record updated at 15:15:38.
WSFS FINANCIAL CORP (WSFS)
Director: SCHOENHALS MARVIN N
Sold 7,000 Common Stock (Non-Derivative security at $50.500) on Jun 17, 2013. Direct holding 38,555 shares/units after transaction. Holdings decreased -15.37%.
Filing date: Jun 19, 2013. Record updated at 15:13:34.
Forestar Group Inc. (FOR)
Senior Officer (Chief Administrative Officer): Grimm David M
Acquired 20,404 Common Stock (Non-Derivative security at $9.290) on Jun 18, 2013. Direct holding 53,870 shares/units after transaction. Holdings increased 60.97%.
Filing date: Jun 19, 2013. Record updated at 15:12:39.
GENESIS ENERGY LP (GEL)
Director: Davison James E
Sold 265,000 Common Units - Class A (Non-Derivative security at $51.610) on Jun 18, 2013. Direct holding 2,264,171 shares/units after transaction. Holdings decreased -10.48%.
Filing date: Jun 19, 2013. Record updated at 15:11:58.
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