VANCOUVER, British Columbia, Oct. 8, 2012 /PRNewswire/ -- Insiderslab.com has issued insider trading reports and Equity Research for the following companies: Bank of America (NYSE:BAC), Apple (NASDAQ:AAPL), Ford (NYSE:F), Groupon (NASDAQ:GRPN), Research In Motion (NASDAQ:RIMM), and Companhia Energetica Minas Gerais (NYSE:CIG).
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Bank of America Corporation (NYSE:BAC): Bank of America Corporation (NYSE:BAC) intends to sell a Hopewell Township, N.J., office complex to Fortress Investment Group LLC, according to a report in Real Estate Alert, the sale is expected to worth between US$375 million and US$400 million. In addition, according to the latest SNL Financial's ranking of the top 50 banks in the U.S. by deposits, Bank of America was ranked the top one with US$1.13 trillion in deposits, an increase of 5.9% from the year of 2011. By market close, shares of Bank of America fell nearly 1% to US$9.32 while the stock traded within the range of US$9.23 - US$9.65. In the past 52 weeks, the stock has traded within a range of US$4.92 - US$10.10. BAC traded 203.99 million shares in the last trading session, well above its daily average of 145.16 million shares. Did Bank of America insiders sell their shareholdings before the stock price dropped? Since insiders have better access to company non-public information, Insiderslab.com suggests investors to pay close attention to their stock trading behaviors. Check this insider trade report for BAC here.
Apple Inc. (NASDAQ:AAPL): Apple paid tribute last Friday to the company's co-founder Steve Jobs who passed away on October 5, 2011. Tim Cook, Chief Executive Officer at Apple, said the company's values originated from Steve Jobs and his spirit will remain the foundation of Apple Inc. forever. In the last three months, Apple insiders have sold a total of US$29.47 million in shares, which ranged in price from US$590.39 to US$688.39 each. At the close of the trading day, shares of Apple tumbled 2.13% to close at US$652.59 with more than 21.18 million shares exchanged hands for the session compared to its average volume of 16.14 million shares. The company has a market capitalization of US$611.74 billion with price range within US$363.32 - US$705.07 over the past 52 weeks. Academic studies have shown that company insiders traditionally make higher investment returns than ordinary investors. Are you interested in the non-public stock trading behaviors of Apple insiders? Do you want to know when company insiders will purchase their shares?
Ford Motor Company (NYSE:F): On October 2, Ford Motor Company (NYSE:F) reported its small car sales totaled 24,628 vehicles in September, which was the company's best September for small car sales since 2002 and a 73% increase year-over-year. In addition, Ford sold 23,148 Escapes in September, the best sales for that month ever, representing a 14% increase from last year's record sales. What's more, the U.S. automaker last week announced that it is in talks with many companies to sell most of the property of its assembly unit located in Wixom, Michigan. In the last trading session, shares of Ford closed higher by 0.49% to US$10.16 with more than 40.69 million shares traded compared to its average volume of 37.39 million shares. Its 52-week trading range is US$8.82 - US$13.05. Ford's market capitalization after the recent close was US$38.75 billion. Insiderslab.com refers insider trading data to professional investors as it believes that company insiders like Executive Officers and Directors have a better understanding about the company's prospects. Do you want to know when Ford insiders will buy their shares?
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.
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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