VANCOUVER, British Columbia, April 19, 2012 /PRNewswire-Asia/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: Duke Energy (NYSE:DUK), eBay (NASDAQ:EBAY), Arena Pharmaceuticals (NASDAQ:ARNA), KeyCorp (NYSE:KEY), Textron (NYSE:TXT), and United Rentals (NYSE:URI).
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Duke Energy Corporation (NYSE:DUK): Duke Energy Corporation (NYSE:DUK) reported on Wednesday that it was rated as 35th on Corporate Responsibility's 100 Best Corporate Citizens list for this year. It is the fourth consecutive year for the company gained this reward. Duke Energy Corporation last session volume of 26.37 million shares was surprisingly higher than its average volume of 11.55 million shares. The stock began the trading session with a price of US$20.75 and throughout the session climbed to a high of US$21.14 but when day-trade ended the stock finally advanced +0.96% to US$21.02. Academic studies have shown that insiders traditionally make higher investment returns than ordinary investors. Want to find out how they do it?
eBay Inc. (NASDAQ:EBAY): eBay Inc. (NASDAQ:EBAY) announced that its revenue for the first quarter 2012 was increased by 29% to US$3.3 billion, from US$2.5 billion a year ago. eBay Inc. tumbled 0.58% on Wednesday to US$35.87. The stock traded 11.97 million shares in the last trading session, well above its daily average of 9.82 million shares. Pennystocksinsiders.com thinks that it is a clever way to check if insiders like CEOs, CFOs, and Directors in EBAY are starting to buy more company shares. See insider trade report for EBAY here.
Arena Pharmaceuticals, Inc. (NASDAQ:ARNA): In the last trading session, Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) lowered US$0.40 per share (equivalent to 15.62%), where stock prices fell to US$2.16. Arena Pharmaceuticals was traded above average volume with 28.56 million shares, 17 million shares more than its daily average. The company has a market capitalization of 389.71 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 ARNA 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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