(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
American International Group, Inc. (NYSE:AIG): American International Group, Inc. (NYSE:AIG) recently completed an offering of approximately 234.2 million shares of AIG common stock by the U.S. Department of the Treasury. On December 17, the company also priced a sale in Hong Kong of approximately 1.65 billion ordinary shares of AIA Group Limited by means of a placing to certain institutional investors within the price range of HK$29.65 (equivalent to approximately US$3.83 per share) to HK$30.65 (equivalent to approximately US$3.95 per share). Add AIG into your watch list for insider trade now.
General Electric Company (NYSE:GE): By the end of Monday's trading, General Electric Company (NYSE:GE) shares closed higher by 1.43% to US$21.93 with more than 48.48 million shares traded compared to its average volume of 38.72 million shares. General Electric has a market capitalization of US$229.96 billion with price range within US$16.79 - US$23.18 over the past 52 weeks. See insider trade report for GE here.
Compuware Corporation (NASDAQ:CPWR): Elliott Management Corporation submitted an offer on December 17 to purchase Compuware Corporation (NASDAQ:CPWR) for about US$2.3 billion. Elliott Management Corporation, a multi-strategy investment firm, currently owns an interest economically equivalent to 8.0% of the common stock of Compuware. By market close, Compuware shares soared nearly 13% to US$10.76 on high volume of 19.73 million shares, which was 6 times more than average volume. Did Compuware insiders buy their shareholdings before the stock price jumped? Check out the insider trade report 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.
Pennystocksinsiders.com features a team of experienced data analysts striving to provide the investment community with the tools, software, and data necessary to carry out more effective investment research.