News Behind Insider Trading for Freeport-McMoRan Copper & Gold, QUALCOMM, Federal National Mortgage Association, Coca-Cola, Apple, and Corning
HONG KONG, June 6, 2013 /PRNewswire/ -- Insiderslab.com is has released insider trading report for the following US stocks: Freeport-McMoRan Copper & Gold (NYSE: FCX), QUALCOMM (NASDAQ: QCOM), Federal National Mortgage Association (OTCBB:FNMA), Coca-Cola (NYSE: KO), Apple (NASDAQ: AAPL), and Corning (NYSE: GLW).
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX): By the end of last trading session, the shares of Freeport-McMoRan Copper & Gold (NYSE: FCX) dropped US$0.53 (or 1.72%) to US$30.32 with 15.59 million shares exchanged hands, compared to daily average volume of 18.67 million. On May 31 and June 3, the company announced its completion of acquiring Plains Exploration & Production Company and McMoRan Exploration Company, which will increase its profitability. Insiderslab.com found company Vice Chairman of the Board, James C. Flores, purchased his share at a price of US$31.17 for roughly US$34.29 million on June 3. Investors may want to find out how Freeport-McMoRan Copper & Gold insiders like CEOs, CFOs and Directors are thinking about the future of the company. Check this insider trade report for FCX here.
Read Full Report: http://www.insiderslab.com/PR3/060613A/FCX/FreeportMcMoRanCopperGold.pdf
QUALCOMM, Inc. (NASDAQ: QCOM): By the end of last trading session, QUALCOMM (NASDAQ: QCOM) shares lost US$0.56 (or 0.88%) to US$63.15 with about 10.34 million shares exchanged hands for the session, compared to its average volume of 14.68 million shares. Insiderslab.com found company EVP & Chief Technology Officer, Matthew S Grob, sold his shares at a price of US$66.43 on June 3. The company's Vice Chairman, Steven R. Altman, followed the same direction on same day. He sold his shares at a price of US$63.30 for about US$3.17 million. But they're not the only two insiders doing so. Investors may want to find out how QUALCOMM insiders like CEOs, CFOs and Directors are thinking about the future of the company.
Read Full Report: http://www.insiderslab.com/PR3/060613A/QCOM/QUALCOMM.pdf
Federal National Mortgage Association (OTCBB:FNMA): By the end of last trading session, Federal National Mortgage Association (OTCBB:FNMA) slumped US$0.42 (or 18.75%) to US$1.82 with about 92.84 million shares exchanged hands for the session, compared to its average volume of 70.18 million shares. Insiderslab.com found company SVP & Controller, Gregory A. Fink, sold his shares at a price of US$3.92 on May 28. The other company EVP also pocketed his profits on same day. Insiderslab.com believes that it is a clever way to check if insiders like CEOs, CFOs, and Directors in Fannie Mae are starting to buy more company shares. See insider trade report for FNMA here.
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.
The Coca-Cola Company (NYSE: KO):
Read Full Report: http://www.insiderslab.com/PR3/060613A/KO/Coca-Cola.pdf
Apple Inc. (NASDAQ: AAPL):
Read Full Report: http://www.insiderslab.com/PR3/060613A/AAPL/Apple.pdf
Corning Incorporated (NYSE: GLW):
Read Full Report: http://www.insiderslab.com/PR3/060613A/GLW/Corning.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