VANCOUVER, British Columbia, Aug. 13, 2012 /PRNewswire-Asia/ -- Insiderslab.com has issued insider trading reports and Equity Research for the following companies: Cisco (NASDAQ:CSCO), Seagate (NASDAQ:STX), AT&T (NYSE:T), Oracle (NASDAQ:ORCL), Bristol Myers Squibb (NYSE:BMY), and Barrick Gold (NYSE:ABX).
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Cisco Systems, Inc. (NASDAQ:CSCO): On August 2, Cisco Systems, Inc. (NASDAQ:CSCO) announced that Marc Benioff, co-founder and CEO of salesforce.com, and Dr. Kristina M. Johnson, CEO of Enduring Hydro, LLC and former Under Secretary of Energy at the U.S. Department of Energy, have been appointed to its Board of Directors, effective on August 1, 2012. Moreover, Cisco announced on July 31 that the company completed the acquisition of NDS Group Ltd. In the last trading session, shares of Cisco closed lower by US$0.16 (or -0.90%) to US$17.54 with more than 38.28 million shares exchanged hands for the session, compared to its average volume of 40.72 million shares. Cisco's low point in its 52-week range is US$14.90 per share, with US$21.30 as the 52-week high point. Its price, as of the latest close, was up 17.7% compared with the 52-week low and was 21.4% below the 52-week high. Did Cisco insiders sell their shareholdings before the stock price dropped? Academic studies have shown that company insiders traditionally make higher investment returns than ordinary investors. Check out the insider trade report here.
Read Full Report: http://www.insiderslab.com/PR3/081312A/CSCO/Cisco.pdf
Seagate Technology PLC (NASDAQ:STX): Insiderslab.com found Market Option Sale made by company Chief Financial Officer, Executive Vice President -- Patrick J. O'Malley on August 7, at stock price US$32.98. Disclose date: August 8. Earlier this month, Seagate Technology PLC (NASDAQ:STX) and LaCie S.A. announced the completion of the purchase by Seagate of all of the shares of Philippe Spruch and his affiliate, representing 64.5% of the outstanding shares of LaCie for a provisional price of euro 4.05 per share. At the end of July, Seagate announced that Gary Gentry has rejoined the company to lead its solid state drive (SSD) business as Senior Vice President, SSD. At the close of the trading day, shares of Seagate advanced 4.30% to US$34.18 and made a new 52-week high of US$34.28. The stock was traded above average volume with 16.37 million shares traded, 2.48 million shares more than its daily average. During the period of August 1 to August 7, company insiders like CEOs, CFOs, and Directors have totally made Market Sale for about US$23.83 million, which ranged in price from US$29.76 to US$32.98 each. Insiderslab.com believes that it is a clever way to observe if insiders in Seagate are starting to buy more company shares. Investors may want to find out how company insiders are thinking about the future of the company. See insider trade report for STX here.
Read Full Report: http://www.insiderslab.com/PR3/081312A/STX/Seagate.pdf
AT&T Inc. (NYSE:T): AT&T Inc. (NYSE:T) has signed a tentative agreement on July 21 with the Communications Workers of America in wireline contract negotiations for more than 22,000 land-line employees in the southeastern U.S. The new three-year agreement extends the previous contract that expired on August 9, 2012. Shares of AT&T rose over 0.70% to US$37.49 in the last trading session with more than 16.59 million shares traded compared to its average volume of 25.33 million shares. The stock has been moving within a range of US$27.29 - US$38.28 over the past one year. Insiderslab.com refers insider trading data to professional investors as AT&T insiders have a better understanding about the company's prospects. Check this insider trade report for T here.
Read Full Report: http://www.insiderslab.com/PR3/081312A/T/ATT.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.
Oracle Corporation (NASDAQ:ORCL):
Read Full Report: http://www.insiderslab.com/PR3/081312A/ORCL/Oracle.pdf
Bristol Myers Squibb Company (NYSE:BMY):
Read Full Report: http://www.insiderslab.com/PR3/081312A/BMY/BristolMyersSquibb.pdf
Barrick Gold Corporation (USA) (NYSE:ABX):
Read Full Report: http://www.insiderslab.com/PR3/081312A/ABX/BarrickGold.pdf
Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
Insiderslab.com covers insider trade data in major stock markets in the U.S., Hong Kong, Mainland China, and Singapore. Insiderslab.com features a team of experienced data analysts striving to provide the investment community with the tools, software, and data necessary to carry out more effective investment research.
Please visit insiderslab.com/disclaimers/disclaimers.php for details.
SOURCE Insiderslab.com; Insiders.hk