VANCOUVER, British Columbia, March 26, 2012 /PRNewswire-Asia/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: Glu Mobile (NASDAQ:GLUU), Corning (NYSE:GLW), LSI (NYSE:LSI), Nabors Industries (NYSE:NBR), Duke Energy (NYSE:DUK), and Monster Worldwide (NYSE:MWW).
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Glu Mobile Inc. (NASDAQ:GLUU): In the last trading session, Glu Mobile Inc. (NASDAQ:GLUU) soared 21.25% higher, moving up US$0.85 to US$4.85 per share. There were 14.82 million stock shares traded, which was 9.1 times more than average volume. Share prices of Glu Mobile Inc. have traded as high as US$6.1 per share and as low as US$1.80 in the past 52 weeks. Glu Mobile has a market capitalization of 308.94 million. 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 GLUU here.
Corning Incorporated (NYSE:GLW): David L. Morse, Ph.D., is expected to be appointed as Executive Vice President and Chief Technology Officer at company's meeting to be held on April 26, recently stated by Corning Incorporated (NYSE: GLW). This will be effective on May 1. Corning Incorporated trades have gone up 1.15% to US$14.02 in the last trading session. There were 13.93 million shares of Corning exchanging hands as compared to its average daily volume of 19.26 million shares. Are insiders starting to take huge profits by selling shares or exercising stock options? Academic studies have shown that insiders traditionally make higher investment returns than ordinary investors. Want to find out how they do it?
LSI Corporation (NYSE:LSI): Pennystocksinsiders.com found Market Sale (Planned) made by company President, Chief Executive Officer, Director -- Abhijit Y. Talwalkar on March 14, at stock price US$8.75. Pennystocksinsiders.com also found Mr. Talwalkar Market Option Sale (Planned) on the same day for about US$7,846,063. LSI Corporation (NYSE:LSI) recently reported that the company has decided to acquire Virticus Corporation, of Beaverton, Ore. The deal is valued at approximately US$3.15 million. In the last trading session, LSI Corporation fell 0.23% to US$8.66. Share prices of LSI have traded as high as US$9.20 per share and as low as US$4.75 in the past 52 weeks. Want to trace the activities of company insiders from now on? Check out the insider trading 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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