VANCOUVER, British Columbia, Aug. 27, 2012 /PRNewswire-Asia/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: Cisco (NASDAQ:CSCO), Aruba Networks (NASDAQ:ARUN), Adobe (NASDAQ:ADBE), United States Steel (NYSE:X), Delta Air Lines (NYSE:DAL), and Amarin (NASDAQ:AMRN).
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Cisco Systems, Inc. (NASDAQ:CSCO): Pennystocksinsiders.com found Market Sale (Planned) made by company Chief Operating Officer, Executive Vice President -- Gary B. Moore on August 20, at stock price US$19.00. Disclose date: August 22. Cisco Systems, Inc. (NASDAQ:CSCO) insiders have sold a total of US$739,460 in shares, which ranged in price from US$16.39 to US$19.00 each in the last three months, according to insider trading report. By market close, shares of Cisco rose as much as 0.39% to US$19.20 and crossed above the 50-day moving average in the last trading session. The stock had a trade volume of 32.44 million shares was lower as compared to average trading capacity of 46.71 million shares. Pennystocksinsiders.com refers insider trading data to professional investors as it believes that company insiders like Executive Officers and Directors have a better understanding about the company's prospects. Do you want to know when Cisco insiders will buy their shares?
Aruba Networks, Inc. (NASDAQ:ARUN): Shares of Aruba Networks, Inc. (NASDAQ:ARUN) surged on Friday after the mobile device maker reported fourth-quarter financial results that beat not only analysts' estimates but even the company's own forecast. The company's revenue in the July quarter climbed 22% to US$139.2 million, beating a forecast made in May that called for sales of US$136 million to US$138 million. Profit totaled US$0.18 per share, again beating Wall Street estimates, which pegged the company to bring in a high of US$0.17 per share on profit of US$136.9 million. But even with stocks trading at their highest level in a year, company executives are still selling millions of dollars' worth of shares through insider transactions. According to insider trading report, company insiders sold US$14.46 million in shares in the last three months. Academic studies have shown that company insiders traditionally make higher investment returns than ordinary investors. Are you interested in the non-public stock trading behaviors of Aruba Networks insiders? Do you want to know when Aruba Networks insiders will purchase their shares?
Adobe Systems Incorporated (NASDAQ:ADBE): Adobe Systems Incorporated (NASDAQ:ADBE) recently announced that Michael A. Dillon has been named as Senior Vice President, general counsel and corporate secretary to succeed Karen Cottle who plans to retire. There were 8.76 million stock shares traded, which was 2.8 times more than average volume. In the past 52 weeks, Adobe share prices have been bracketed by a low of US$22.89 and a high of US$34.78, and are now at US$32.26 (41% above that low price). Where do you think Adobe will go from here? Observing comprehensive analysis of Adobe could help investors avoid big lost in investment. Check insider trade report for ADBE here.
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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