Insider Hot Stocks: Seagate, Advanced Micro Devices, CVS Caremark, Phillips 66, E*TRADE, and Huntington Bancshares
Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: Seagate (NASDAQ:STX), Advanced Micro Devices (NYSE:AMD), CVS Caremark (NYSE:CVS), Phillips 66 (NYSE:PSX), E*TRADE (NASDAQ:ETFC), and Huntington Bancshares (NASDAQ:HBAN).
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Seagate Technology PLC (NASDAQ:STX): In the last three months, Seagate Technology PLC (NASDAQ:STX) insiders have sold a total of US$78.19 million in shares, which ranged in price from US$25.61 to US$35.00 each. Seagate is scheduled to report its financial results for first-quarter fiscal 2013 on Tuesday, October 30, 2012. Shares of Seagate gapped open sharply lower in the last trading session and throughout the session climbed to a high of US$28.42. By market close, the stock finally dipped 0.64% to US$28.07. There were 16.90 million shares of Seagate exchanging hands as compared to its average daily volume of 9.78 million shares. Pennystocksinsiders.com refers insider trading data to professional investors as it believes that Seagate insiders like Executive Officers and Directors have a better understanding about the company's prospects. Do you want to know when Seagate insiders will buy their shares?
Read Full Report: http://www.Pennystocksinsiders.com/PR/101512B/STX/Seagate.pdf
Advanced Micro Devices, Inc. (NYSE:AMD): Advanced Micro Devices, Inc. (NYSE:AMD) has recently lowered its third quarter revenue estimates to US$1.27 billion by about 10% sequentially, citing weaker-than-expected demand across all product lines caused by the sluggish global economy. For the third quarter ended September 29, 2012, Advanced Micro Devices now forecasts gross margin to be approximately 31%, lowered from its previous expectation of 44%, due to weaker-than-expected demand and an inventory write-down of approximately US$100 million that because of lower-than-anticipated future demand for certain products. The chip maker is scheduled to report its third-quarter 2012 financial results on Thursday, October 18, 2012. By market close, shares of Advanced Micro Devices plunged US$0.46 (or -14.38%) to US$2.74. The stock hit a new 52-week low of US$2.74 in the session. Abnormal trading volume of AMD was found reaching 83.82 million shares, 3.1 times heavier than usual day trading. Where do you think AMD will go from here? Academic studies clarify that professional investors can get benefit from insider trading data. Do you want to trace Advanced Micro Devices on an on-going basis? It can be done for free by registering below.
Read Full Report: http://www.Pennystocksinsiders.com/PR/101512B/AMD/AdvancedMicroDevices.pdf
CVS Caremark Corporation (NYSE:CVS): Pennystocksinsiders.com found three insiders trading: A substantial Market Purchase made by company Executive Vice President, General Counsel -- Thomas M. Moriarty on October 1, at stock price US$48.67 for about US$300,000. Pennystocksinsiders.com also found company Chief Human Resource Officer, Senior Vice President, Lisa G. Bisaccia, sold 56,493 shares on October 1, at stock price US$48.42 for about US$2.74 million. Disclose date: October 3. What’s more, company Senior Vice President, Associate Chief Medical Officer, Andrew J. Sussman, sold 9,020 shares at stock price US$49.00 on October 4. In the last three months, company officials have totally sold US$12.67 million in shares, while Moriarty has purchased US$300,000 worth. Shares of CVS Caremark Corporation (NYSE:CVS) fell 1.09% to US$47.08 while the stock traded within the range of US$46.75 – US$47.49. The company’s 52-week range remained US$34.28 to US$49.23 with its market capitalization touching US$59.90 billion. The last session’s volume of 7.48 million shares was above from the average daily trading volume of 5.53 million shares. Investors may want to find out how CVS Caremark insiders like CEOs, CFOs and Directors are thinking about the future of the company. Check this insider trade report for CVS here.
Read Full Report: http://www.Pennystocksinsiders.com/PR/101512B/CVS/CVSCaremark.pdf
Today Pennystocksinsiders.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.
Phillips 66 (NYSE:PSX):
Read Full Report: http://www.Pennystocksinsiders.com/PR/101512B/PSX/Phillips66.pdf
E*TRADE Financial Corporation (NASDAQ:ETFC):
Read Full Report: http://www.Pennystocksinsiders.com/PR/101512B/ETFC/ETRADE.pdf
Huntington Bancshares Incorporated (NASDAQ:HBAN):
Read Full Report: http://www.Pennystocksinsiders.com/PR/101512B/HBAN/HuntingtonBancshares.pdf
Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
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Editor: Janet Nan Jiang
Reported on Oct 15, 2012
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