VANCOUVER, British Columbia, April 17, 2012 /PRNewswire-Asia/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: PulteGroup (NYSE:PHM), Endocyte (NASDAQ:ECYT), Zynga (NASDAQ:ZNGA), Petroleo Brasileiro SA (NYSE:PBR), Cheniere Energy (AMEX:LNG), and Toll Brothers (NYSE:TOL).
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PulteGroup, Inc. (NYSE:PHM): PulteGroup, Inc. (NYSE:PHM) plunged US$0.11 per share (equivalent to 1.29%), where stock prices fell to US$8.43. In the past 52 weeks, PulteGroup, Inc. share prices have been bracketed by a low of US$3.29 and a high of US$9.69, and are now at US$8.43, 156% above that low price. There were 14.02 million shares of PulteGroup, Inc. exchanging hands as compared to its average daily volume of 11.92 million shares. Are insiders starting to take huge profits by selling shares or exercising stock options? Add PHM into your watch list for insider trade now.
Endocyte, Inc. (NASDAQ:ECYT): Endocyte, Inc. (NASDAQ:ECYT) and Merck have signed a contract on Monday. Through the contract, the companies will jointly develop and commercialize Endocyte's novel investigational therapeutic candidate vintafolide (EC145). Endocyte, Inc. soared 100.53% higher, moving up US$3.82 to US$7.62 per share. Abnormal trading volume of Endocyte, Inc. was found reaching 9.74 million shares, 7.5 times heavier than usual day trading. Want to trace the activities of company insiders from now on? Check out the insider trading here.
Zynga Inc. (NASDAQ:ZNGA): Pennystocksinsiders.com found Market Sale made by company Executive Vice President, Chief Technology Officer -- Cadir B. Lee on April 10, at stock price US$11.48. Disclose date: April 11. Pennystocksinsiders.com also found that there were seven Market Sale made by company insiders on April 3. Zynga Inc. (NASDAQ:ZNGA) shares closed lower by 7.64% to US$10.94 with more than 11.70 million shares traded, compared to its average volume of 10.14 million shares. Did insiders like CEOs, CFOs, and Directors sell their shareholdings before the stock price dropped? Academic studies have shown that insiders traditionally make higher investment returns than ordinary investors. Want to find out how they do it?
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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