VANCOUVER, British Columbia, April 30, 2012 /PRNewswire-Asia/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: Republic Services (NYSE:RSG), Skyworks Solutions (NASDAQ:SWKS), Freeport-McMoRan (NYSE:FCX), Micron (NASDAQ:MU), Texas Instruments (NASDAQ:TXN), and Kodiak Oil & Gas (NYSE:KOG)
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Republic Services, Inc. (NYSE:RSG): Republic Services, Inc. (NYSE:RSG) announced net income of US$142.9 million, or US$0.38 per diluted share, for the first quarter of 2012. This is compared with a net income of US$158.2 million, or US$0.41 per diluted share, a year ago. The company also reported that Tod C. Holmes, Executive Vice President and Chief Financial Officer, has submitted notice of his intention to retire effective May 1, 2013. Abnormal trading volume of Republic Services, Inc. (NYSE:RSG) was found on April 27, reaching 15.60 million shares, 9.4 times heavier than usual day trading. The stock plunged US$4.13 to US$27.01. Why? Did insiders like CEOs, CFOs, and Directors sell their shareholdings before the stock price dropped? Check out the insider trade report here.
Skyworks Solutions Inc. (NASDAQ:SWKS): Skyworks Solutions Inc. (NASDAQ:SWKS) lately reported revenue for the second fiscal quarter of 2011 was up 12% to US$364.7 million, from revenue of US$325.4 million in the prior-year quarter. Skyworks Solutions Inc. trades have gone up 9.06% to US$27.81 with heavy volume traded. Share prices of Skyworks Solutions have traded as high as US$31.95 per share and as low as US$13.72 in the past 52 weeks. Pennystocksinsiders.com thinks that it is a clever way to check if insiders like CEOs, CFOs, and Directors in SWKS are starting to buy more company shares. See insider trade report for SWKS here.
Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX): Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) began the trading session with a price of US$38.00 and throughout the session climbed to a high of US$38.44. When day-trade ended, the stock finally advanced 1.01% to US$38.13. In the past 52 weeks, Freeport-McMoRan share prices have been bracketed by a low of US$28.85 and a high of US$56.78, and are now at US$38.13, 74% above that low price. Academic studies have shown that insiders traditionally make higher investment returns than ordinary investors. Want to find out how they do it?
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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