VANCOUVER, British Columbia, Aug. 16, 2012 /PRNewswire-Asia/ -- Insiderslab.com has issued insider trading reports and Equity Research for the following companies: Facebook (NASDAQ:FB), General Electric (NYSE:GE), Target (NYSE:TGT), Arch Coal (NYSE:ACI), Huntsman (NYSE:HUN), and SanDisk (NASDAQ:SNDK).
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Facebook, Inc. (NASDAQ:FB): Insiderslab.com found company Independent Director, Reed Hastings, purchased 47,846 shares on August 8, at stock price US$21.03 for about US$1.01 million. Disclose date: August 9. On August 15, the Office of Fair Trading in the United Kingdom announced Facebook, Inc.'s (NASDAQ:FB) acquisition of Instagram for US$1 billion has been approved. At the close of the trading day, shares of Facebook rebounded US$0.82 (or 4.02%) to US$21.20 on high volume of 47.62 million shares, compared to its average volume of 29.58 million shares. In the past 52 weeks, Facebook share prices have been bracketed by a low of US$19.82 and a high of US$45.00, and are now at US$21.20 (7.0% above that low price). Where do you think Facebook will go from here? Academic studies clarify that professional investors can get benefit from insider trading data. Do you want to trace Facebook on an on-going basis? It can be done for free by registering below.
General Electric Company (NYSE:GE): Insiderslab.com found company Vice Chairman, John Krenicki, Jr., sold 179,693 shares on August 8, at stock price US$21.04 for about US$3.78 million. Disclose date: August 10. General Electric Company (NYSE:GE) announced on August 10 that the company has agreed to acquire Naxys which is a provider of subsea leak detection and condition monitoring sensors based on passive acoustic technology. The transaction will expand General Electric's monitoring and sensing solutions and will be part of the company's Measurement & Control business. Shares of General Electric began the trading session with a price of US$20.86 and throughout the session climbed to a peak of US$21.03. By market close, the stock finally advanced 0.10% to US$20.96. The stock has a 52-week range of US$14.02 - US$21.09. General Electric, a diversified technology and financial services company, has a market capitalization of US$221.31 billion. Interested in the non-public stock trading behaviors of General Electric insiders? Observing comprehensive analysis of General Electric stock could help investors avoid big lost in investment. Check insider trade report for General Electric here.
Target Corporation (NYSE:TGT): Shares of Target Corporation (NYSE:TGT) surged on Wednesday after the company released its higher-than-expected quarterly earnings. For the second quarter of 2012, Target's reported sales were increased by 3.5% to US$16.45 billion from US$15.90 billion in the same quarter last year. The company's net earnings was unchanged at US$704 million in the second quarter, while earnings per share rose to US$1.06 from US$1.03 a year earlier, an increase of 3.4% year-over-year. What's more, for full-year 2012, Target has raised its guidance of US$4.20 to US$4.40 per share from its May forecast of US$4.10 to US$4.30. In the last trading session, the stock rose 1.77% to US$64.50 and made a new 52-week high of US$64.99. Target traded 9.06 million shares, well above its daily average of 4.85 million shares. Insiderslab.com believes that it is a clever way to check if insiders like CEOs, CFOs, and Directors in Target are starting to buy more company shares. See insider trade report for TGT here.
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.
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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