Hot Stocks Insider Trades Radar: Wells Fargo, Intel, AT&T, General Electric, J.C. Penney, and Cliffs Natural Resources
HONG KONG, Jan. 14, 2013 /PRNewswire/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and equity research for the following companies: Wells Fargo (NYSE: WFC), Intel (NASDAQ: INTC), AT&T (NYSE: T), General Electric (NYSE: GE), J.C. Penney (NYSE: JCP), and Cliffs Natural Resources (NYSE: CLF).
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Wells Fargo & Company (NYSE: WFC): In the last three months, Wells Fargo & Company (NYSE: WFC) officials have sold US$1.28 million in shares, while others have purchased US$339,600 worth. Wells Fargo reported net income of US$18.9 billion for the full year 2012, up 19% year-over-year. For the fourth quarter of 2012, net income was US$5.1 billion, an increase of 24% from a year ago. Are Wells Fargo insiders starting to take huge profits by selling shares or exercising stock options?
Read Full Report: http://www.Pennystocksinsiders.com/PR/011413A/WFC/WellsFargo.pdf
Intel Corporation (NASDAQ: INTC): In the last three months, Intel Corporation (NASDAQ: INTC) insiders have sold a total of US$581,130 in shares, which ranged in price from US$21.50 to US$21.62 each. At the Consumer Electronics Show to be held on January 7, the chipmaker giant announced that it will increase its efforts to manufacture chips for smartphones and mobile devices by focusing on growing markets and the rapidly emerging "value" segment. Academic studies have shown that company insiders traditionally make higher investment returns than ordinary investors. Want to know when Intel insiders will purchase their shares?
Read Full Report: http://www.Pennystocksinsiders.com/PR/011413A/INTC/Intel.pdf
AT&T Inc. (NYSE: T): Shares of AT&T Inc. (NYSE: T) ended lower by US$0.10 (or -0.29%) to US$34.27 with more than 27.07 million shares exchanged hands for the session, compared to its average volume of 25.83 million shares. AT&T has a market capitalization of US$194.65 billion with price range within US$29.02 - US$38.58 over the past 52 weeks. Pennystocksinsiders.com thinks that it is a clever way to check if insiders like CEOs, CFOs, and Directors in AT&T are starting to buy more company shares.
Read Full Report: http://www.Pennystocksinsiders.com/PR/011413A/T/ATT.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.
General Electric Company (NYSE: GE):
Read Full Report: http://www.Pennystocksinsiders.com/PR/011413A/GE/GeneralElectric.pdf
J.C. Penney Company, Inc. (NYSE: JCP):
Read Full Report: http://www.Pennystocksinsiders.com/PR/011413A/JCP/JCPenney.pdf
Cliffs Natural Resources Inc. (NYSE: CLF):
Read Full Report: http://www.Pennystocksinsiders.com/PR/011413A/CLF/CliffsNaturalResources.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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