VANCOUVER, British Columbia, April 12, 2012 /PRNewswire-Asia/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: ArcelorMittal (NYSE:MT), Progressive (NYSE:PGR), General Motors (NYSE:GM), Atmel (NASDAQ:ATML), MGM Resorts International (NYSE:MGM), and Petroleo Brasileiro SA (NYSE:PBR.A).
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ArcelorMittal (ADR) (NYSE:MT): By market close, ArcelorMittal (ADR) (NYSE:MT) shares closed higher by 3.68% to US$17.45. There were 11.06 million shares of ArcelorMittal exchanging hands as compared to its average daily volume of 6.31 million shares. The company has a market capitalization of 27.03 billion. Since insiders such as CEOs, CFOs and Directors have better access to company non-public information, investors would be wise to pay close attention to their stock trading behaviors. Check this insider trade report for MT here.
The Progressive Corporation (NYSE:PGR): The Progressive Corporation (NYSE:PGR) slid 0.57% on Wednesday to US$22.62 with significant volume traded. The move occurred on volume of 9.41 million which is relative to the 4.27 million shares traded on average each day. In the past 52 weeks, The Progressive Corporation share prices have been bracketed by a low of US$16.88 and a high of US$23.41, and are now at US$22.62, 34% above that low price. Investors may want to find out how company insiders like Executive Officers and Directors are thinking about the future business prospects of the company. Check this insider trade report for PGR here.
General Motors Company (NYSE:GM): General Motors Company (NYSE:GM) is scheduled to publish its operating results for first quarter 2012 operating results on May 3, 2012. The stock rose 1.35% to US$24.03 in the last trading session. General Motors had a trade volume of 9.26 million shares, which was heavier as compared to average trading capacity of 9.10 million shares. Do you want to know when company insiders will buy their shares? Want to add and monitor this company on an on-going basis? It can be done for free by registering below.
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.
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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