VANCOUVER, British Columbia, April 24, 2012 /PRNewswire-Asia/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: Wells Fargo (NYSE:WFC), SunTrust Banks(NYSE:STI), Exxon Mobil(NYSE:XOM), Vale(NYSE:VALE), Comcast (NASDAQ:CMCSA), and Newmont Mining(NYSE:NEM).
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Wells Fargo & Company (NYSE:WFC): By the end of Monday's trading, Wells Fargo & Company (NYSE:WFC) slipped 0.94% to US$32.69. There were 27.25 million shares of Wells Fargo exchanging hands as compared to its average daily volume of 30.79 million shares. In the past 52 weeks, Wells Fargo share prices have been bracketed by a low of US$22.58 and a high of US$34.59, and are now at US$32.69, 45% above that low price. Wells Fargo has a market capitalization of 173.31 billion. 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 WFC here.
SunTrust Banks, Inc.(NYSE:STI): SunTrust Banks, Inc. (NYSE:STI) announced on Monday that its first quarter 2012 net income available to common shareholders was approximately US$245 million, compared to US$180 million from the same quarter of 2011. Earlier this year, the company was selected by the U.S. Treasury Department's Community Development Financial Institutions Fund to get US$45 million in tax credit allocation authority this year round of the New Markets Tax Credit (NMTC) Program. SunTrust Banks, Inc. shares closed higher by 2.79% to US$23.23 with more than 15.29 million shares traded, compared to its average volume of 9.40 million shares. Pennystocksinsiders.com thinks that it is a clever way to check if insiders like CEOs, CFOs, and Directors in STI are starting to buy more company shares. See insider trade report for STI here.
Exxon Mobil Corporation(NYSE:XOM): Exxon Mobil Corporation (NYSE:XOM) is scheduled to release its 2012 first-quarter earnings on April 26. As per a recent report of ExxonMobil Foundation, the primary philanthropic arm of the Exxon Mobil Corporation in the United States, the company and its employees are donating US$40 million to higher education institutions across United States as part of its 2011 Educational Matching Gift Program. Stock price reached US$85.69 on Monday, with 0.46% up. Share prices of Exxon Mobil have traded as high as US$88.13 per share and as low as US$67.03 in the past 52 weeks. Exxon Mobil has a market capitalization of 403.88 billion. Want to trace the activities of company insiders from now on? Check out the insider trading 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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