Insiders may sell shares for any number of reasons, but there is really only one reason insiders buy shares of a company — they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company to snap up shares. Here are some stocks that have seen insider buying recently. (more…)
Posted at May 3rd, 2012 in Insider Trading
Insiders may sell shares for any number of reasons, but there is really only one reason insiders buy shares of a company — they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company to snap up shares. Here are some stocks that have seen insider buying recently. (more…)
Posted at April 10th, 2012 in Insider Trading
Securities regulators have charged two Ameriprise Financial (NYSE: AMP) advisors and three unnamed persons with insider trading.
Apparently, the men made $1.8 million in illicit profits based on confidential merger information they learned at Alcoholics Anonymous meetings.
According to Fox Business , the Securities and Exchange Commission said that one of the advisors, Timothy McGee, was told about a pending merger of insurer Philadelphia Consolidated Holding and Tokio Marine Holdings at an AA meeting. (more…)
Posted at March 16th, 2012 in Insider Trading
The government’s sprawling insider trading case netted another fish Thursday afternoon as the FBI took John Kinnucan into custody at his Portland, Oregon home.
Kinnucan, the founder of expert network firm Broadband Research LLC, was charged with one count of conspiracy to commit securities fraud, one count of conspiracy to commit wire fraud and two counts of securities fraud in the complaint unsealed Friday in federal court in New York. (more…)
Posted at February 21st, 2012 in Insider Trading
Insiders may sell shares for any number of reasons, but there is really only one reason insiders buy shares of a company — they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company to snap up shares. Here are some stocks that have seen insider buying recently. (more…)
Posted at February 5th, 2012 in Insider Trading
Brown-Forman
Benzinga has been tracking Brown-Forman’s insider trading over the last couple weeks. Over time, company executives have been selling off shares. The executives’ continuous selling patterns are not necessarily uncommon amongst executives, but it is interesting to understand why they do it.
This past week, Owsley Brown Frazier sold about 95,089 shares on the open market, which represents about 0.11% of all outstanding shares. (more…)
Posted at January 26th, 2012 in Insider Trading
When most people think about insider trading, they think about hedge funds and other money managers trading on illegal information. As the state of New York is pursuing high profile insider trading cases, such as the case against Raj Rajaratnam of the Galleon Group, retail investors are trying to figure out how to gain their own edge on the markets.
Luckily, investors can turn to legal insider trading. Legal insider trading can be monitored as executives sell or purchase shares of the companies that they manage. By monitoring how wealthy executives manage their wealth, retail investors may be able to see how managers think their own company is performing. (more…)
Posted at January 6th, 2012 in Insider Trading
The term “insider trading” usually conjures up negative vibes, but there is a legal version of it – and some investors just love following insider transactions at various companies to glean clues about the future direction of the stock.
If that’s you, Direxion has two new ETFs that might pique your interest. Those ETFs are the Direxion All Cap Insider Sentiment Shares (NYSE: KNOW) and the Direxion Large-Cap Insider Sentiment Shares ETF (NYSE: INSD). (more…)
Posted at January 3rd, 2012 in Insider Trading
Two months ago the following article by Benzinga reported insider purchases in 8 companies. At the end of the article we will take a look at returns since then:
Insiders may sell shares for any number of reasons, but there is really only one reason insiders buy shares of a company — they believe the stock price will move higher and they want to profit from it. Market-driven sell-offs provide a perfect opportunity for investors who have faith in a company to snap up shares. Here are some stocks that have seen insider buying recently. (more…)
Posted at November 3rd, 2011 in Insider Trading
There is really only one reason insiders buy shares of a company — they believe the stock price is going to move higher and they want to profit from it. Market-driven sell-offs provide a perfect opportunity to snap up shares if you have faith in the company. Here are some stocks that were trending upward before the recent pullback and that have seen insider buying recently. (more…)
Posted at August 10th, 2011 in Insider Trading
David Einhorn and his Greenlight Capital (GLRE) fund opened up a medium-sized long position in technology company Seagate (STX) this past quarter. Since Seagate makes hard drives, and hard drives are seemingly on their way out of favor, observers and other investors have to wonder: what is Einhorn up to this time? (more…)
Posted at July 14th, 2011 in Uncategorized