How Insiders Trade Hot Stocks: Bank of America, Smith & Wesson, Wells Fargo, Micron, Morgan Stanley, and U.S. Bancorp
Insiderslab.com has issued insider trading reports and equity research for the following companies: Bank of America (NYSE:BAC), Smith & Wesson (NASDAQ:SWHC), Wells Fargo (NYSE:WFC), Micron (NASDAQ:MU), Morgan Stanley (NYSE:MS), and U.S. Bancorp (NYSE:USB).
(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): Bank of America Corporation’s (NYSE:BAC) Board of Directors lately approved a regular quarterly dividend of US$18.125 per share on the 7.25 percent Non-Cumulative Perpetual Convertible Preferred Stock, Series L, which is payable on January 30, 2013 to shareholders of record on January 1, 2013. By market close, Bank of America shares gained 3.97% to US$11.00, a new 52-week high price. Can BAC continue to move higher? Did Bank of America insiders buy their shareholdings before the stock price jumped?
Read Full Report: http://www.insiderslab.com/PR3/121812A/BAC/BankofAmerica.pdf
Wells Fargo & Company (NYSE:WFC): Between September 18 and December 17, Wells Fargo & Company (NYSE:WFC) have purchased US$339,600 in shares, while others have sold US$1.28 million worth. Moreover, the company recently announced that Anne Doss has been appointed as the Head of its Personal and Small Business Insurance division, effective January 1, 2013. Academic studies have shown that company insiders traditionally make higher investment returns than ordinary investors. Want to know when company insiders will purchase their shares?
Read Full Report: http://www.insiderslab.com/PR3/121812A/WFC/WellsFargo.pdf
Smith & Wesson Holding Corporation (NASDAQ:SWHC): Insiderslab.com found Smith & Wesson Holding Corporation (NASDAQ:SWHC) President, Chief Executive Officer, Director, P. James Debney, purchased 5,000 shares on December 12, at stock price US$9.82 each for about US$49,100. Additionally, there was a Market Purchase made by Independent Director -- John B. Furman on December 11, at stock price US$9.49 for a worth of US$18,980. In the last three months, Smith & Wesson officials have purchased US$83,720 in shares, while others have sold US$2.64 million worth. Check out the insider trade report here.
Read Full Report: http://www.insiderslab.com/PR3/121812A/SWHC/SmithWesson.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.
Micron Technology, Inc. (NASDAQ:MU):
Read Full Report: http://www.insiderslab.com/PR3/121812A/MU/Micron.pdf
Morgan Stanley (NYSE:MS):
Read Full Report: http://www.insiderslab.com/PR3/121812A/MS/MorganStanley.pdf
U.S. Bancorp (NYSE:USB):
Read Full Report: http://www.insiderslab.com/PR3/121812A/USB/USBancorp.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 Dec 18, 2012
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Today's Notable Trades
TECHE HOLDING CO (TSH)
Senior Officer (Executive Officer of Sub.): Broussard Darryl R
Acquired 1,000 Common Stock (Non-Derivative security at $36.000) on Jun 14, 2013. Direct holding 3,995 shares/units after transaction. Holdings increased 33.39%.
Filing date: Jun 17, 2013. Record updated at 15:22:11.
Con-way Inc. (CNW)
Senior Officer (President & CEO): Stotlar Douglas
Sold 13,500 Stock Option (Right to Buy) (Derivative security at conversion or exercise price: $32.960) on Jun 14, 2013. Direct holding 0 shares/units after transaction. Stock Option (Right to Buy) expires on Dec 15, 13. Holdings decreased -100.00%.
Filing date: Jun 18, 2013. Record updated at 15:21:57.
Galaxy Gaming, Inc. (GLXZ)
Senior Officer (Chief Financial Officer): Vecchiarelli Gary Anthony
Acquired 2,950 Common Stock (Non-Derivative security at $0.272) on Jun 17, 2013. Direct holding 22,950 shares/units after transaction. Holdings increased 14.75%.
Filing date: Jun 18, 2013. Record updated at 15:20:20.
CH2M HILL COMPANIES LTD (NONE)
Director: GEIST JERRY D
Sold 6,900 Common Stock (Non-Derivative security at $58.400) on Jun 14, 2013. Direct holding 32,646 shares/units after transaction. Holdings decreased -17.45%.
Filing date: Jun 18, 2013. Record updated at 15:19:12.
InvenSense Inc (INVN)
Senior Officer (Vice President): Goehl Daniel
Sold 21,500 Common Stock (Non-Derivative security at $14.080) on Jun 14, 2013. Direct holding 158,958 shares/units after transaction. Holdings decreased -11.91%.
Filing date: Jun 18, 2013. Record updated at 15:18:58.
BRE PROPERTIES INC /MD/ (BRE)
First-Class Insider (President, CEO): MOORE CONSTANCE B
Sold 10,000 Option (right to buy) with stock withholding rights (Derivative security at conversion or exercise price: $32.450) on Jun 17, 2013. Direct holding 19,919 shares/units after transaction. Option (right to buy) with stock withholding rights expires on Jan 22, 14. Holdings decreased -33.42%.
Filing date: Jun 18, 2013. Record updated at 15:18:17.
INTERNATIONAL RECTIFIER CORP /DE/ (IRF)
First-Class Insider (President & CEO): KHAYKIN OLEG
Acquired 30,000 Common Stock (Non-Derivative security at $18.550) on Jun 17, 2013. Direct holding 178,567 shares/units after transaction. Holdings increased 20.19%.
Filing date: Jun 18, 2013. Record updated at 15:18:03.
Xun Energy, Inc. (XNRG)
First-Class Insider (VICE-PRESIDENT): Matousek Peter
Acquired 15,000 COMMON STOCK (Non-Derivative security at $0.010) on Jun 14, 2013. Direct holding 143,629 shares/units after transaction. Holdings increased 11.66%.
Filing date: Jun 18, 2013. Record updated at 15:15:31.
Nielsen Holdings N.V. (NLSN)
Senior Officer (Vice Chairperson): Whiting Susan D
Acquired 15,000 Common Stock (Non-Derivative security at $16.000) on Jun 17, 2013. Direct holding 114,046 shares/units after transaction. Holdings increased 15.14%.
Filing date: Jun 18, 2013. Record updated at 15:13:55.
QUALCOMM INC/DE (QCOM)
Senior Officer (EVP & Chief Technology Officer): GROB MATTHEW S
Sold 5,300 Common Stock (Non-Derivative security at $61.610) on Jun 17, 2013. Indirect holding 0 shares/units after transaction. Holdings decreased -100.00%.
Filing date: Jun 18, 2013. Record updated at 15:12:34.
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