How Insiders Trade Hot Stocks: Petroleo Brasileiro Petrobras SA, Cliffs Natural Resources, Weatherford International, Abbott, Mondelez International, and PulteGroup
HONG KONG, Jan. 2, 2013 /PRNewswire/ -- Insiderslab.com has issued insider trading reports and equity research for the following companies: Petroleo Brasileiro Petrobras SA (NYSE: PBR), Cliffs Natural Resources (NYSE: CLF), Weatherford International (NYSE: WFT), Abbott (NYSE: ABT), Mondelez International (NASDAQ: MDLZ), and PulteGroup (NYSE: PHM).
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Petroleo Brasileiro Petrobras SA (ADR) (NYSE: PBR): Shares of Petroleo Brasileiro Petrobras SA (ADR) (NYSE: PBR) gapped open sharply lower in the last trading session, still, the stock finally gained US$0.40 (or 2.10%) to US$19.47. Its price, as of the latest close, was up 13% compared with the 52-week low and was 67% below the 52-week high. Academic studies have shown that company insiders traditionally make higher investment returns than ordinary investors. Want to know when company insiders will purchase their shares?
Cliffs Natural Resources Inc. (NYSE: CLF): At the beginning of December, the Board of Directors of Cliffs Natural Resources Inc. (NYSE: CLF) has named Timothy W. Sullivan, executive advisor of CCMP Capital Advisors LLC and former president and chief executive officer of Bucyrus International Inc. to Cliffs Board, effective January 1, 2013. At the close of the trading day, Cliffs Natural Resources shares soared 8.40% to settle at US$38.57. Check this insider trade report for CLF here.
Read Full Report: http://www.insiderslab.com/PR3/010213A/CLF/CliffsNaturalResources.pdf
Weatherford International Ltd. (NYSE: WFT): Insiderslab.com found Weatherford International Ltd (NYSE: WFT) Senior Vice President, Completion and Production Systems, Dharmesh B. Mehta, purchased 40,000 shares on December 28, at stock price US$10.59 for about US$423,600. Additionally, there was a Market Purchase made by Vice President, Tax -- James C. Parent on December 31, at stock price US$10.88 each for about US$217,600. See insider trade report for WFT here.
Read Full Report: http://www.insiderslab.com/PR3/010213A/WFT/WeatherfordInternational.pdf
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.
Abbott Laboratories (NYSE: ABT):
Read Full Report: http://www.insiderslab.com/PR3/010213A/ABT/Abbott.pdf
Mondelez International Inc. (NASDAQ: MDLZ):
Read Full Report: http://www.insiderslab.com/PR3/010213A/MDLZ/MondelezInternational.pdf
PulteGroup, Inc. (NYSE: PHM):
Read Full Report: http://www.insiderslab.com/PR3/010213A/PHM/PulteGroup.pdf
Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
Insiderslab.com covers insider trade data in major stock markets in the U.S., Hong Kong, Mainland China, and Singapore. Insiderslab.com features a team of experienced data analysts striving to provide the investment community with the tools, software, and data necessary to carry out more effective investment research.
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SOURCE Insiderslab.com; Insiders.hk
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