Hot Stocks: Bank of America, Sirius, Ford, Chesapeake Energy, Kinross Gold, and Alcoa
Insiderslab.com has issued insider trading reports and Equity Research for the following companies: Bank of America (NYSE:BAC), Sirius (NASDAQ:SIRI), Ford (NYSE:F), Chesapeake Energy (NYSE:CHK), Kinross Gold (NYSE:KGC), and Alcoa (NYSE:AA).
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Report Highlights:
Bank of America Corporation (NYSE:BAC): On September 4, Bank of America Corporation (NYSE:BAC) Merrill Lynch today announced that the company has promoted Brian Stearns and Daniel Timmons to the newly formed roles of co-heads of the Entertainment Industries coverage unit. In the last trading session, Bank of America shares continued to advance and ended higher by 5.39% at US$8.80. There were 232.55 million stock shares traded, which was 2.3 times more than average volume. Bank of America has a one-year low of US$4.92 and a one-year high of US$10.10. Its market capitalization after the recent close was US$94.84 billion. Insiderslab.com refers insider trading data to professional investors as it believes that Bank of America insiders have a better understanding about the company's prospects. Want to know when Bank of America insiders will buy their shares?
Read Full Report: http://www.insiderslab.com/PR3/091012B/BAC/BankofAmerica.pdf
Sirius XM Radio Inc. (NASDAQ:SIRI): Insiderslab.com found a substantial Market Purchase made by company 10% Owner -- Liberty Media Corporation on September 4, at stock price US$2.52 for about US$11.69 million. Disclose date: September 6. Liberty Media purchased additional 893,971 shares on the following day valued at US$2.51 each. In addition, company Executive Vice President, Chief Administrative Officer, Dara F. Altman, sold 2,559,300 shares on September 5, at stock price US$2.52 for about US$6.44 million. Disclose date: September 6. According to insider trading report, Sirius officials have purchased US$413.21 million in shares, while others have cashed out US$86.80 million, within the last three months. Shares of Sirius XM Radio Inc. (NASDAQ:SIRI) slipped US$0.01 (or -0.39%) to US$2.53 with more than 54.93 million shares exchanged hands for the session, just below its average volume of 68.75 million shares. Sirius’s low point in its 52-week range is US$1.27 per share, with US$2.64 as the 52-week high point. Academic studies have shown that insiders traditionally make higher investment returns than ordinary investors. Want to find out how they do it?
Read Full Report: http://www.insiderslab.com/PR3/091012B/SIRI/Sirius.pdf
Ford Motor Company (NYSE:F): Automaker Ford Motor Company (NYSE:F) recently announced that total vehicles for August increased to 197,249 units, up 12.6% from 175,220 units a year earlier, driven by higher demand for fuel-efficient vehicles as well as strong demand for vehicles like Escape, Fusion, Focus, Explorer and F-Series. Sales from Ford brand rose 13.1% to 189,108 vehicles, while Lincoln sales rose 1.7% to 8,141 vehicles. At the end of August, Ford said Lincoln will be coming to China in the second half of 2014 through an independent dealer network and will bring rich and unique heritage to Chinese customers seeking a new level of luxury. Moreover, the automaker is introducing brand new luxury models into South Korean market for fulfilling the needs of customers seeking high fuel efficiency. Ford shares rose 2.27% to US$10.14 on over 60.62 million shares, compared to its average volume of 35.00 million shares. Share prices of Ford have traded as high as US$13.05 per share and as low as US$8.82 in the past 52 weeks. Do you think Ford will continue to soar? Investors could get an idea by checking this insider trade report for Ford here.
Read Full Report: http://www.insiderslab.com/PR3/091012B/F/Ford.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.
Chesapeake Energy Corporation (NYSE:CHK):
Read Full Report: http://www.insiderslab.com/PR3/091012B/CHK/ChesapeakeEnergy.pdf
Kinross Gold Corporation (USA) (NYSE:KGC):
Read Full Report: http://www.insiderslab.com/PR3/091012B/KGC/KinrossGold.pdf
Alcoa Inc. (NYSE:AA):
Read Full Report: http://www.insiderslab.com/PR3/091012B/AA/Alcoa.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.
Important Disclaimer:
Please visit insiderslab.com/disclaimers/disclaimers.php for details.
CONTACT: Insiders.hk, Insiderslab.com, info@insiderslab.com, Support@insiders.hk
SOURCE Insiderslab.com; Insiders.hk
Editor: Janet Nan Jiang
Source:
insiderslab.com
www.insiderslab.com
Reported on Sep 10, 2012
More Insider News ...
Today's Notable Trades
ENTROPIC COMMUNICATIONS INC (ENTR)
Senior Officer (Sr VP, Global Engineering): FARESE MICHAEL J.
Sold 1,641 Common Stock (Non-Derivative security at $4.440) on May 20, 2013. Direct holding 5,298 shares/units after transaction. Holdings decreased -23.65%.
Filing date: May 22, 2013. Record updated at 22:56:48.
CISCO SYSTEMS, INC. (CSCO)
Senior Officer (SVP, Corp Controller & CAO): BHATT PRAT
Sold 51,839 Common Stock (Non-Derivative security at $23.951) on May 21, 2013. Direct holding 219,625 shares/units after transaction. Holdings decreased -19.10%.
Filing date: May 22, 2013. Record updated at 22:54:04.
Ensco plc (ESV)
Director: RODRIGUEZ RITA M
Sold 4,602 Class A Ordinary Shares (Non-Derivative security at $64.020) on May 20, 2013. Direct holding 21,318 shares/units after transaction. Holdings decreased -17.75%.
Filing date: May 22, 2013. Record updated at 22:53:37.
POLYCOM INC (PLCM)
Director: KELLEY JOHN A
Acquired 50,000 Common Stock (Non-Derivative security at $10.665) on May 20, 2013. Direct holding 153,949 shares/units after transaction. Holdings increased 48.10%.
Filing date: May 22, 2013. Record updated at 22:50:07.
QUALCOMM INC/DE (QCOM)
Senior Officer (Executive Vice President): AMON CRISTIANO R
Sold 1,768 Common Stock (Non-Derivative security at $66.100) on May 20, 2013. Direct holding 6,799 shares/units after transaction. Holdings decreased -20.64%.
Filing date: May 22, 2013. Record updated at 22:49:26.
MONOLITHIC POWER SYSTEMS INC (MPWR)
Senior Officer (Sr. V.P.of Sales and Marketing): Sciammas Maurice
Acquired 40,000 Common Stock (Non-Derivative security at $11.310) on May 20, 2013. Direct holding 151,434 shares/units after transaction. Holdings increased 35.90%.
Filing date: May 22, 2013. Record updated at 22:48:32.
Marketo, Inc. (MKTO)
First-Class Insider (President, CEO & Chairman): FERNANDEZ PHILLIP M
Sold 90,000 Common Stock (Non-Derivative security at $13.000) on May 22, 2013. Direct holding 0 shares/units after transaction. Holdings decreased -100.00%.
Filing date: May 22, 2013. Record updated at 22:47:11.
Alon USA Energy, Inc. (ALJ)
Senior Officer (Sr. VP and CFO): Even Shai
Sold 36,000 Common Stock, par value $0.01 per share (Non-Derivative security at $18.370) on May 20, 2013. Direct holding 100,104 shares/units after transaction. Holdings decreased -26.45%.
Filing date: May 22, 2013. Record updated at 22:44:41.
EPAM Systems, Inc. (EPAM)
Senior Officer (Sr. VP, CFO, Treasurer): Cantor Ilya
Acquired 8,000 Common Stock (Non-Derivative security at $2.760) on May 20, 2013. Direct holding 28,000 shares/units after transaction. Holdings increased 40.00%.
Filing date: May 22, 2013. Record updated at 22:44:14.
Prologis, Inc. (PLD)
First-Class Insider (Chairman & CEO): MOGHADAM HAMID R
Sold 95,876 Common Stock (Non-Derivative security at $44.180) on May 20, 2013. Direct holding 59,856 shares/units after transaction. Holdings decreased -61.56%.
Filing date: May 22, 2013. Record updated at 22:43:27.
Read more