VANCOUVER, British Columbia, Oct. 19, 2012 /PRNewswire/ -- Insiderslab.com has issued insider trading reports and Equity Research for the following companies: Align Technology (NASDAQ:ALGN), Lam Research (NASDAQ:LRCX), Google (NASDAQ:GOOG), Mellanox (NASDAQ:MLNX), R.R. Donnelley & Sons (NASDAQ:RRD), and Hovnanian Enterprises (NYSE:HOV).
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Align Technology, Inc. (NASDAQ:ALGN): For the third quarter of fiscal 2012 ended September 30, 2012, Align Technology, Inc. (NASDAQ:ALGN) reported preliminary total net revenues of US$136.5 million, an increase of 8% from the third quarter of 2011. Preliminary net profit was US$24.3 million (or US$0.29 per diluted share) for the latest quarter, compared with net profit of US$19.3 million (or US$0.24 per diluted share), a year ago. Moreover, Align Technology announced the appointment of Jennifer M. Erfurth as Vice President of global human resources. What's more, the company announced on Wednesday that it has achieved a mutual agreement with Straumann to terminate their distribution agreements for iTero intra-oral scanners in Europe and North America, effective December 31, 2012. Abnormal trading volume of Align Technology was found on October 18 reaching 20.91 million shares, 2 times heavier than usual day trading. By market close, Align Technology shares plummeted US$7.23 per share (equivalent to -20.42%), where stock prices fell to US$28.18. Do you think now is a good time to buy or sell ALGN? Do you want to know when Align Technology insiders will purchase their shares? See insider trade report for ALGN here.
Read Full Report: http://www.insiderslab.com/PR3/101912B/ALGN/AlignTechnology.pdf
Lam Research Corporation (NASDAQ:LRCX): For the quarter ended September 23, 2012, Lam Research Corporation (NASDAQ:LRCX) reported revenue of US$906.9 million, an increase of 33% from the same quarter of 2011. Net income was US$2.8 million (or US$0.02 per diluted share) for the quarter, compared with net income of US$71.8 million (or US$0.13 per diluted share) in the prior-year quarter. Shares of Lam Research closed higher by 7.24% to US$36.01 with more than 12.56 million shares traded compared to its average volume of 3.84 million shares. Share prices of Lam Research have traded as high as US$45.48 per share and as low as US$31.17 in the past 52 weeks. Are Lam Research 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?
Read Full Report: http://www.insiderslab.com/PR3/101912B/LRCX/LamResearch.pdf
Google Inc. (NASDAQ:GOOG): Insiderslab.com found company Chief Executive Officer, Director, Lawrence Page, sold 20,835 shares on October 11, at stock price US$753.65 for about US$15.70 million. Disclose date: October 11. In the last three months, company insiders have sold a total of US$933.95 million in shares, which ranged in price from US$603.26 to US$759.98 each. Shares of Google Inc. (NASDAQ:GOOG) began the trading session with a price of US$755.54 and throughout the session plunged to a low of US$676.00. When day-trade ended, the stock finally slumped 8.01% to US$695.00. In the past 52 weeks, Google share prices have been bracketed by a low of US$556.52 and a high of US$774.38, and are now at US$695.00 (25% above that low price). Abnormal trading volume of Google was found reaching 12.43 million shares, 4 times heavier than usual day trading. Investors may want to find out how Google insiders like CEOs, CFOs and Directors are thinking about the future of the company. Check this insider trade report for GOOG here.
Read Full Report: http://www.insiderslab.com/PR3/101912B/GOOG/Google.pdf
Today Insiderslab.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.
Mellanox Technologies, Ltd. (NASDAQ:MLNX):
Read Full Report: http://www.insiderslab.com/PR3/101912B/MLNX/Mellanox.pdf
R.R. Donnelley & Sons Company (NASDAQ:RRD):
Read Full Report: http://www.insiderslab.com/PR3/101912B/RRD/RRDonnelleySons.pdf
Hovnanian Enterprises, Inc. (NYSE:HOV):
Read Full Report: http://www.insiderslab.com/PR3/101912B/HOV/HovnanianEnterprises.pdf
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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