Top Stocks and Insiders Trade Secrets: Cisco, Sirius, Freeport-McMoRan, Hewlett-Packard, Baker Hughes, and Seagate
VANCOUVER, British Columbia, Dec. 19, 2012 /PRNewswire/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and equity research for the following companies: Cisco (NASDAQ:CSCO), Sirius (NASDAQ:SIRI), Freeport-McMoRan (NYSE:FCX), Hewlett-Packard (NYSE:HPQ), Baker Hughes (NYSE:BHI), and Seagate (NASDAQ:STX).
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Cisco Systems, Inc. (NASDAQ:CSCO): Pennystocksinsiders.com found Cisco Systems, Inc. (NASDAQ:CSCO) Executive Vice President - Emerging Solutions, Chief Globalisation Officer, Wim Elfrink, sold 10,000 shares on December 10, at stock price US$19.46 for about US$194,610. Disclose date: December 12. Cisco recently completed the acquisition of privately held Cariden Technologies, Inc., in exchange of approximately US$141 million. Want to know when Cisco insiders will purchase their shares? Check this insider trade report for CSCO here.
Sirius XM Radio Inc. (NASDAQ:SIRI): Pennystocksinsiders.com found a Market Option Sale made by Sirius XM Radio Inc. (NASDAQ:SIRI) Independent Director -- Jack A. Shaw on December 11, at stock price US$2.75 each for a worth of US$2.31 million. In the last three months, Sirius officials have sold US$130.07 million in shares, while others have purchased US$120.90 million worth. Academic studies have shown that company insiders traditionally make higher investment returns than ordinary investors. Want to find out how they do it?
Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX): Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) shares began the trading session with a price of US$33.82 and throughout the session climbed to a high of US$34.24. Finally, FCX close at US$33.97 by soaring 0.98%. Its price, as of the latest close, was up 11% compared with the 52-week low and was 44% below the 52-week high. Add FCX into your watch list for insider trade now.
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.
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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