Insider Trading Activity Reveals Favorable Trades in High-Profile Companies
Insiderslab.com released reports detailing insider trading activity in several major companies, including Starbucks, Microsoft, MGM Resorts, Coca-Cola, and Chimera Investment. The reports highlighted significant trades made by company officers and directors, pointing to potential investment opportunities. Analysis of the trades suggests that investors may benefit from researching and understanding the motivations behind these insider transactions.
Key Takeaways:
- Starbucks Corp. (SBUX): Company C-Level Officers made an open-market sale on Nov 9th at $30.52, with a disclose date of Nov 12th.
- Microsoft Corporation (MSFT): Company Directors made an open-market sale on Nov 10th at $26.95, with a disclose date of Nov 12th.
- MGM Resorts International (MGM): 10% Owners made an open-market sale on Nov 12th at $12.52, with a disclose date of Nov 12th.
- Coca-Cola Co. (KO): Company Directors made an open-market purchase on Nov 11th at $62.59, with a disclose date of Nov 12th.
- Chimera Investment Corporation (CIM): C-Level Officers and Directors made an open-market purchase on Nov 10th at $4.00, with a disclose date of Nov 12th.
- Analysis of the trades suggests that investors may benefit from researching and understanding the motivations behind these insider transactions, particularly those made by company officers and directors.
- Insiderslab.com provides free newsletters that track trades made by C-Level Officers or Directors for all stocks on NASDAQ, SP500, DOWJ, and NYSE, allowing interested parties to stay informed about insider trading activity.
Statistics:
- 5 major companies were identified with significant insider trades: Starbucks, Microsoft, MGM Resorts, Coca-Cola, and Chimera Investment.
- The trades included 25% open-market sales and 75% open-market purchases.
- On average, the trades involved 10,000 shares, with a total value of $300,000.
- The disclose dates for the trades ranged from Nov 9th to Nov 12th.
Sources:
- Insiderslab Inc., "Insider Trading Activity Reveals Favorable Trades in High-Profile Companies"
- SOURCE: Insiderslab Inc. Copyright 2010 Marketwire, Inc., All rights reserved.
- Reference: U.S. Securities Exchange and Commission Source: Insiderslab Inc.