Today's Market Focus: Msci, Gilead Sciences, Express, Potash, Texas Instruments, and Macy's
Insiderslab.com has issued insider trading reports and Equity Research for the following companies: Msci (NYSE:MSCI), Gilead Sciences (NASDAQ:GILD), Express (NYSE:EXPR), Potash (NYSE:POT), Texas Instruments (NASDAQ:TXN), and Macy's (NYSE:M).
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Report Highlights:
Msci Inc. (NYSE:MSCI): On Tuesday, Msci Inc. (NYSE:MSCI) announced Vanguard’s decision to change the target benchmarks of 22 exchange traded funds (ETFs) from MSCI’s equity indices and addressed the anticipated impact of this transition on its future financial results. Following the news, shares of Msci plunged US$9.61 (or -26.83%) to US$26.21 and hit a new 52-week low of US$24.75. Its price, as of the latest close, was up 6% compared with the 52-week low and was 46% below the 52-week high. Abnormal trading volume of Msci was found reaching 15.26 million shares, 24 times heavier than usual day trading. Msci is a provider of investment decision support tools, including indices, portfolio risk and performance analytics and corporate governance products and services. Msci has a market capitalization of US$103.12 million. Insiderslab.com refers insider trading data to professional investors as it believes that Msci insiders like Executive Officers and Directors have a better understanding about the company's prospects. Do you want to know when Msci insiders will buy their shares?
Read Full Report: http://www.insiderslab.com/PR3/100312B/MSCI/Msci.pdf
Gilead Sciences, Inc. (NASDAQ:GILD): In the past three months, Gilead Sciences, Inc. (NASDAQ:GILD) insiders have sold their shares for about US$47.80 million, with shares ranging from US$52.00 to US$67.25 each, according to insider trading information. Shares of Gilead Sciences made a new 52-week high of US$69.49 in the session. By the end of Tuesday’s trading, the stock climbed 2.57% to US$69.18. In the past year, Gilead Sciences share prices have been bracketed by a low of US$34.45 and a high of US$69.49, and are now at US$69.18 (100% above that low price). There were 13.63 million shares of Gilead Sciences exchanging hands as compared to its average daily volume of 7.12 million shares. Gilead Sciences, a research-based biopharmaceutical company, currently has a market capitalization of US$52.34 billion. Since Gilead Sciences insiders such as CEOs, CFOs and Directors have better access to company non-public information, Insiderslab.com thinks that investors would be wise to pay close attention to their stock trading behaviors. Check this insider trade report for GILD here.
Read Full Report: http://www.insiderslab.com/PR3/100312B/GILD/GileadSciences.pdf
Express, Inc. (NYSE:EXPR): On Tuesday, Express, Inc. (NYSE:EXPR) slashed its sales and earnings outlook for the third quarter of fiscal 2012, based on its quarter-to-date performance and expectations for the balance of the period. For the third quarter, Express now expects its comparable sales to decline in the mid-single digit range. Net income for the latest quarter is currently expected to be in the range of US$14 million to US$17 million, or US$0.16 to US$0.20 per diluted share, down from previous guidance of US$0.27 to US$0.32 per diluted share. Following the news, shares of Express tumble US$3.33 (or -22.19%) to US$11.68. There were 12.83 million stock shares traded, which was 7.7 times more than average volume. Express is a specialty retail apparel chain with market capitalization of US$1.01 billion. Investors may want to find out how Express insiders like CEOs, CFOs and Directors are thinking about the future of the company. Check this insider trade report for EXPR here.
Read Full Report: http://www.insiderslab.com/PR3/100312B/EXPR/Express.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.
Potash Corporation of Saskatchewan Inc. (NYSE:POT):
Read Full Report: http://www.insiderslab.com/PR3/100312B/POT/Potash.pdf
Texas Instruments Incorporated (NASDAQ:TXN):
Read Full Report: http://www.insiderslab.com/PR3/100312B/TXN/TexasInstruments.pdf
Macy's, Inc. (NYSE:M):
Read Full Report: http://www.insiderslab.com/PR3/100312B/M/Macys.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 Oct 3, 2012
More Insider News ...
Today's Notable Trades
TrueBlue, Inc. (TBI)
Senior Officer (EVP, General Counsel & Sec.): DEFEBAUGH JAMES E
Acquired 26,400 Common Stock (Non-Derivative security at $18.980) on May 22, 2013. Direct holding 75,838 shares/units after transaction. Holdings increased 53.40%.
Filing date: May 23, 2013. Record updated at 23:06:56.
BIOMARIN PHARMACEUTICAL INC (BMRN)
Senior Officer (VP, Human Resources): Wood Mark
Sold 3,103 Common Stock (Non-Derivative security at $67.123) on May 22, 2013. Direct holding 20,277 shares/units after transaction. Holdings decreased -13.27%.
Filing date: May 23, 2013. Record updated at 23:05:07.
Tableau Software Inc (DATA)
10% shareholder: NEW ENTERPRISE ASSOCIATES 11 LP
Sold 2,000,000 Class A Common Stock (Non-Derivative security at $28.830) on May 22, 2013. Direct holding 0 shares/units after transaction. Holdings decreased -100.00%.
Filing date: May 23, 2013. Record updated at 23:02:37.
TERADYNE, INC (TER)
Director: CHRISTMAN DANIEL W
Acquired 8,225 Common Stock (Non-Derivative security at $17.280) on May 22, 2013. Direct holding 18,318 shares/units after transaction. Holdings increased 81.49%.
Filing date: May 23, 2013. Record updated at 22:57:02.
ACTIVE NETWORK INC (ACTV)
Director: Alberga David
Sold 72,312 Common Stock (Non-Derivative security at $6.130) on May 21, 2013. Direct holding 258,720 shares/units after transaction. Holdings decreased -21.84%.
Filing date: May 23, 2013. Record updated at 22:51:47.
CALIX, INC ((CALX))
Director: DENUCCIO KEVIN A
Acquired 15,000 Common Stock (Non-Derivative security at $9.430) on May 21, 2013. Direct holding 45,581 shares/units after transaction. Holdings increased 49.05%.
Filing date: May 23, 2013. Record updated at 22:49:30.
PLANTRONICS INC /CA/ (PLT)
First-Class Insider (CEO - CORPORATE - GLOBAL.CEO.): KANNAPPAN S KENNETH
Sold 2,313 Non-Qualified Stock Option (right to buy) (Derivative security at conversion or exercise price: $20.440) on May 23, 2013. Direct holding 12,687 shares/units after transaction. Non-Qualified Stock Option (right to buy) expires on Oct 27, 13. Holdings decreased -15.42%.
Filing date: May 23, 2013. Record updated at 22:48:15.
EXPONENT INC (EXPO)
Senior Officer (Group Vice President): Corrigan Catherine
Sold 6,865 Common Stock (Non-Derivative security at $55.752) on May 23, 2013. Direct holding 17,784 shares/units after transaction. Holdings decreased -27.85%.
Filing date: May 23, 2013. Record updated at 22:47:55.
GARMIN LTD (GRMN)
Director: ELLER DONALD
Acquired 2,432 Registered Shares (Non-Derivative security at $24.680) on May 22, 2013. Direct holding 7,585 shares/units after transaction. Holdings increased 47.20%.
Filing date: May 23, 2013. Record updated at 22:47:41.
QUEST DIAGNOSTICS INC (DGX)
Director: ZIEGLER JOHN B
Acquired 20,000 Common Stock (Non-Derivative security at $42.625) on May 22, 2013. Direct holding 37,829 shares/units after transaction. Holdings increased 112.18%.
Filing date: May 23, 2013. Record updated at 22:46:46.
Read more