VANCOUVER, British Columbia, Aug. 14, 2012 /PRNewswire-Asia/ -- Insiderslab.com has issued insider trading reports and Equity Research for the following companies: Sprint Nextel (NYSE:S), Bank of America (NYSE:BAC), Sirius (NASDAQ:SIRI), Hewlett-Packard (NYSE:HPQ), NVIDIA (NASDAQ:NVDA), and Micron (NASDAQ:MU).
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Sprint Nextel Corporation (NYSE:S): At the close of the trading day, Sprint Nextel Corporation (NYSE:S) shares advanced 2.64% higher, moving up US$0.13 to US$5.05 per share. The stock traded 77.87 million shares in the last trading session, well above its daily average of 68.87 million shares. Share prices of Sprint Nextel have traded as high as US$5.09 per share and as low as US$2.10 in the past 52 weeks. Its price, as of the latest close, was up 140.5% compared with the 52-week low and was 0.8% below the 52-week high. Since Sprint Nextel insiders such as CEOs, CFOs and Directors have better access to company non-public information, Insiderslab.com thinks that investors would be wise to pay close attention to their stock trading behaviors. Check this insider trade report for Sprint Nextel here.
Bank of America Corporation (NYSE:BAC): Bank of America Corporation (NYSE:BAC) has announced several appointments during this month. On August 2, the bank named Daniel J. Statsick as Minnesota state president and Minneapolis-St. Paul market president. On August 7, Bank of America Merrill Lynch appointed Bill Borden as managing director and head of North America Product Solutions. In addition, Dennis Sweeney was selected as managing director and a Treasury Solutions Executive. They will both join the company in September. The company also announced on August 13 that Larry Otto has been named to the additional leadership roles of Missouri state president and St. Louis market president. Bank of America shares began the trading session with US$7.72 and throughout the session climbed to a high of US$7.83. Still, when day-trade ended, the stock dipped 0.26% to US$7.72. Where do you think the stock will go from here? Academic studies clarify that professional investors can get benefit from insider trading data. Do you want to trace Bank of America on an on-going basis? It can be done for free by registering below.
Sirius XM Radio Inc. (NASDAQ:SIRI): Insiderslab.com found Open-market Sale (Planned) made by company Chief Financial Officer, Executive Vice President, Frear David J, sold 3,379,900 shares on August 9, at stock price US$2.44 for about US$8.24 million. Disclose date: August 9. For the second quarter of 2012, Sirius XM Radio Inc. (NASDAQ:SIRI) reported its total paid subscriber rose 9% to a record high of 22.9 million subscribers, from 21.0 million subscribers a year earlier. Total revenue for the second quarter was US$837.5 million, up 12.5% from revenue of US$744.4 million in the same quarter of 2011. Net income for the quarter was US$3.1 billion, compared with a net income of US$173.3 million in the prior-year quarter. By market close, shares of Sirius advanced 1.01% to US$2.51 and made a new 52-week high of US$2.52. The stock was traded above average volume with 75.45 million shares traded, 13.78 million shares more than its daily average. Are you interested in the non-public stock trading behaviors of Sirius insiders? Investors can get the information they need by clicking the following link.
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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