Insider Trades Reveal Secrets in Advanced Micro Devices, Monster Beverage, Apache, Rackspace Hosting, Oracle, and Boston Scientific
HONG KONG, May 10, 2013 /PRNewswire/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports for the following hot stocks: Advanced Micro Devices (NYSE: AMD), Monster Beverage (NASDAQ: MNST), Apache (NYSE: APA), Rackspace Hosting (NYSE: RAX), Oracle (NASDAQ: ORCL), and Boston Scientific (NYSE: BSX).
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Advanced Micro Devices, Inc. (NYSE: AMD): By the end of last trading session, the shares of Advanced Micro Devices (NYSE: AMD) earned US$0.03 (or 0.78%) to US$3.86 with 47.17 million shares exchanged hands, compared to its average daily volume 26.98 million shares. The company introduced new series memory for gaming, which became a focus area. Pennystocksinsiders.com found company Director, Craig Conway, sold his shares at a price of US$2.80 on May 1. Pennystocksinsiders.com thinks that it is a clever way to check if insiders like CEOs, CFOs, and Directors in Advanced Micro Devices are starting to buy or sell more company shares. Check this insider trade report for AMD here.
Monster Beverage Corp. (NASDAQ: MNST): By the end of last trading session, Monster Beverage (NASDAQ: MNST) shares plunged 5.20% (or US$2.96) to US$54.01 with about 9.44 million shares exchanged hands for the session, compared to its average volume of 1.89 million shares. Even the company increased its sales by 7.3% in recent quarter to about US$484.2 million, but still worse than market's expectation. Pennystocksinsiders.com found company CEO, Rodney Sacks, sold his shares at a price of US$56.35 for about US$1.69 million on May 6. Do you know he had sold his share for about US$37.52 million in the past three months? The company's Vice Chairman and President, Hilton H. Schlosberg, followed his step and sold for about US$37.53 million within the same period. Pennystocksinsiders.com thinks that it is a clever way to check if insiders like CEOs, CFOs, and Directors in Monster Beverage are starting to buy or sell more company shares. See insider trade report for MNST here.
Read Full Report: http://www.Pennystocksinsiders.com/PR/051013A/MNST/MonsterBeverage.pdf
Apache Corporation (NYSE: APA): By the end of last trading, Apache (NYSE: APA) shares soared US$3.71 (or 4.77%) to US$81.47 with about 9.77 million shares exchanged hands for the session, compared to its average volume of 3.40 million shares. The company will double its assets selling to US$4 billion and perform stock buyback. Pennystocksinsiders.com found company insiders purchased his/her shares at prices between US$73.11 and US$76.00 for about US$1.14 million. Want to know when company insiders will buy their shares? Want to monitor this company on an on-going basis?
Read Full Report: http://www.Pennystocksinsiders.com/PR/051013A/APA/Apache.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.
Rackspace Hosting, Inc. (NYSE: RAX):
Read Full Report: http://www.Pennystocksinsiders.com/PR/051013A/RAX/RackspaceHosting.pdf
Oracle Corporation (NASDAQ: ORCL):
Read Full Report:http://www.Pennystocksinsiders.com/PR/051013A/ORCL/Oracle.pdf
Boston Scientific Corporation (NYSE: BSX):
Read Full Report: http://www.Pennystocksinsiders.com/PR/051013A/BSX/BostonScientific.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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