VANCOUVER, British Columbia, April 20, 2012 /PRNewswire-Asia/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: Gentex (NASDAQ:GNTX), First Niagara (NASDAQ:FNFG), Skyworks Solutions (NASDAQ:SWKS), General Motors (NYSE:GM), Texas Instruments (NASDAQ:TXN), Dendreon (NASDAQ:DNDN).
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Gentex Corporation (NASDAQ:GNTX): Gentex Corporation (NASDAQ:GNTX) lately released all-time record financial results for any quarter in the first quarter ended March 31, 2012. Its all-time record net sales for any quarter were increased by 16% to US$290.7 million, from US$250.9 million a year ago. The company's all-time record net income for any quarter was about US$46.3 million in the first quarter of 2012, compared with a net income of US$42.3 million in the prior-year quarter. Abnormal trading volume of Gentex was found on April 19, reaching 12.19 million shares, 8.3 times heavier than usual day trading. The stock tumbled 16.01% to US$21.35. Why? Did insiders like CEOs, CFOs, and Directors sell their shareholdings before the stock price dropped? Check out the insider trade report here.
First Niagara Financial Group Inc. (NASDAQ:FNFG): First Niagara Financial Group Inc. (NASDAQ:FNFG) last session volume of 12.07 million shares was surprisingly higher than its average volume of 4.78 million shares. In the past 52 weeks, First Niagara Financial Group Inc. share prices have been bracketed by a low of US$8.22 and a high of US$14.54, and are now at US$9.19, 12% above that low price. Pennystocksinsiders.com thinks that it is a clever way to check if insiders like CEOs, CFOs, and Directors in FNFG are starting to buy more company shares. See insider trade report for FNFG here.
Skyworks Solutions Inc. (NASDAQ:SWKS): Skyworks Solutions Inc. (NASDAQ:SWKS) will publish its financial results and business outlook for second quarter fiscal 2012 on April 26. By the end of Thursday's trading, the stock dropped US$1.32 per share (equivalent to 4.85%), where stock prices fell to US$25.91. There were 9.90 million shares of Skyworks Solutions exchanging hands as compared to its average daily volume of 3.67 million shares. The stock has been moving within a range of US$13.72 - US$31.95 over the past 52-week. 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 SWKS 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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