Today's Market Focus: Bank of America, Lennar, AT&T, Baker Hughes, ISIS, and Lululemon
Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: Bank of America (NYSE:BAC), Lennar (NYSE:LEN), AT&T (NYSE:T), Baker Hughes (NYSE:BHI), ISIS (NASDAQ:ISIS), and Lululemon (NASDAQ:LULU).
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Bank of America Corporation (NYSE:BAC): Bank of America Corporation (NYSE:BAC) announced net income of US$340 million (or US$0.00 per diluted share), for the third quarter of 2012, compared with net income of US$6.2 billion (or US$0.56 per diluted share), in the same quarter of 2011. Shares of Bank of America began the trading session with a price of US$9.42 and throughout the session climbed to a high of US$9.55. When day-trade ended, the stock finally dipped 0.32% to US$9.44. Its price, as of the latest close, was up 92% compared with the 52-week low and was 7% below the 52-week high. BAC was traded above average volume with 169.39 million shares traded, 6.42 million shares more than its daily average. Since Bank of America insiders such as CEOs, CFOs and Directors have better access to company non-public information, Pennystocksinsiders.com thinks that investors would be wise to pay close attention to their stock trading behaviors. Check this insider trade report for BAC here.
Read Full Report: http://www.Pennystocksinsiders.com/PR/102212A/BAC/BankofAmerica.pdf
Lennar Corporation (NYSE:LEN): Pennystocksinsiders.com found four insiders trading: A substantial Market Sale (Planned) made by company Lead Independent Director -- Sidney Lapidus on October 15, at stock price US$35.79 each for about US$313,700. Pennystocksinsiders.com also found company President, Richard Beckwitt, totally sold 250,000 shares on October 17 and October 18, for a worth US$9.54 million. Company Controller, David M. Collins, also sold 8,500 shares on October 17 for about US$323,000. Additionally, there was a large Market Option Sale made by company Secretary, General Counsel -- Mark Sustana on October 17, at stock price US$38.76 each for about US$1.16 million. Lennar Corporation (NYSE:LEN) shares climbed 0.13% to US$38.73 and made a new 52-week high of US$39.25. There were 8.40 million shares of Lennar exchanging hands as compared to its average daily volume of 5.85 million shares. Academic studies have shown that insiders traditionally make higher investment returns than ordinary investors. Want to find out how they do it?
Read Full Report: http://www.Pennystocksinsiders.com/PR/102212A/LEN/Lennar.pdf
AT&T Inc. (NYSE:T): At the close of the trading day, shares of AT&T Inc. (NYSE:T) dropped US$0.70 per share (equivalent to -1.94%), where stock prices slipped to US$35.32. Share prices of AT&T have traded as high as US$38.58 per share and as low as US$27.41 in the past 52 weeks. Its price, as of the latest close, was up 29% compared with the 52-week low and was 9% below the 52-week high. Last session’s traded volume of AT&T was 27.58 million shares as compared to its average volume of 27.27 million shares. Pennystocksinsiders.com refers insider trading data to professional investors as it believes that AT&T insiders like Executive Officers and Directors have a better understanding about the company's prospects. Do you want to know when AT&T insiders will buy their shares?
Read Full Report: http://www.Pennystocksinsiders.com/PR/102212A/T/ATT.pdf
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.
Baker Hughes Incorporated (NYSE:BHI):
Read Full Report: http://www.Pennystocksinsiders.com/PR/102212A/BHI/BakerHughes.pdf
ISIS Pharmaceuticals, Inc. (NASDAQ:ISIS):
Read Full Report: http://www.Pennystocksinsiders.com/PR/102212A/ISIS/ISIS.pdf
Lululemon Athletica inc. (NASDAQ:LULU):
Read Full Report: http://www.Pennystocksinsiders.com/PR/102212A/LULU/Lululemon.pdf
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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Editor: Janet Nan Jiang
Reported on Oct 22, 2012
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