Most Active Stocks: Valero Energy, Starbucks, Cummins, ARMOUR Residential REIT, Nokia, and Lexington Realty Trust
Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: Valero Energy (NYSE:VLO), Starbucks (NASDAQ:SBUX), Cummins (NYSE:CMI), ARMOUR Residential REIT (NYSE:ARR), Nokia (NYSE:NOK), and Lexington Realty Trust (NYSE:LXP).
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Valero Energy Corporation (NYSE:VLO): Pennystocksinsiders.com found Market Sale (Planned) made by company Independent Director -- Bob Marbut on October 1, at stock price US$32.17 for about US$24,130. Pennystocksinsiders.com also found Marbut sold 750 shares on October 8, at stock price US$31.57 each for about US$23,670. Disclose date: October 9. According to insider trading report, company insiders have sold a total of US$679,020 shares in the last three months, which ranged in price from US$28.00 to US$32.71 each. By the end of Wednesday’s trading, shares of Valero Energy Corporation (NYSE:VLO) crossed below the 50-day moving average and ended at US$29.47 by slipping 6.15%. Valero Energy’s low point in its 52-week range is US$19.12 per share, with US$34.35 as the 52-week high point. Its price, as of the latest close, was up 54% compared with the 52-week low and was 17% below the 52-week high. Did Valero Energy insiders like CEOs, CFOs, and Directors sell their shareholdings before the stock price plunged? 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.Pennystocksinsiders.com/PR/101112B/VLO/ValeroEnergy.pdf
Starbucks Corporation (NASDAQ:SBUX): According to insider trading report, Starbucks Corporation (NASDAQ:SBUX) insiders have sold a total of US$2.17 million shares in the last three months, which ranged in price from US$48.08 to US$48.16 each. Shares of Starbucks began the trading session with a price of US$47.74 and throughout the session slumped to a low of US$46.62. At the close of the trading day, SBUX finally dropped as much as 0.84% to US$46.95. In the past 52 weeks, Starbucks share prices have been bracketed by a low of US$40.43 and a high of US$62.00, and are now at US$46.95 (16% above that low price). SBUX was traded above average volume with 11.02 million shares traded, 3.31 million shares more than its daily average. The company currently has a market capitalization of US$35.68 billion. Pennystocksinsiders.com refers insider trading data to professional investors as it believes that Starbucks insiders like Executive Officers and Directors have a better understanding about the company's prospects. Do you want to know when Starbucks insiders will buy their shares?
Read Full Report: http://www.Pennystocksinsiders.com/PR/101112B/SBUX/Starbucks.pdf
Cummins Inc. (NYSE:CMI): On Wednesday, Cummins Inc. (NYSE:CMI) announced the company lowered revenue forecast for full year 2012 to approximately US$17 billion, compared with its previous guidance of US$18 billion. Cummins also reported Earnings Before Interest and Taxes (EBIT) are now expected to be about 13.5% for the year, compared with its previous forecast of 14.25% to 14.75%. The company said that it is taking actions necessary to respond strategically to the current environment by reducing costs while maintaining investments in main growth programs. According to insider trading report, Cummins insiders have sold a total of US$1.53 million shares in the last three months, which ranged in price from US$100.00 to US$104.30 each. Shares of Cummins slumped US$3.05 (-3.36%) to US$87.79 on hefty volume of 8.31 million shares, above its average volume of 2.21 million shares. Are Cummins insiders starting to take huge profits by selling shares or exercising stock options? 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.Pennystocksinsiders.com/PR/101112B/CMI/Cummins.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.
ARMOUR Residential REIT, Inc. (NYSE:ARR):
Read Full Report: http://www.Pennystocksinsiders.com/PR/101112B/ARR/ARMOURResidentialREIT.pdf
Nokia Corporation (ADR) (NYSE:NOK):
Read Full Report: http://www.Pennystocksinsiders.com/PR/101112B/NOK/Nokia.pdf
Lexington Realty Trust (NYSE:LXP):
Read Full Report: http://www.Pennystocksinsiders.com/PR/101112B/LXP/LexingtonRealtyTrust.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 11, 2012
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