The pall over the market hasn't broken yet, but the seasonal drought in insider filings has. With insider trading windows now reopened following first-quarter earnings releases, the rate of filings has picked up quite a bit. In the past two weeks, the combined number of companies with insiders filing open-market trades has doubled from what we saw in April. And the buying rate (versus selling) has been picking up: This past week, there were 332 firms that had insiders file open-market purchases with the SEC compared with 260 firms in the week before. As insiders commit money to the continuing market weakness, our bullish stance feels more comfortable despite the recent red ink. We still believe that this correction is closer to ending than building steam, and this week's insider activity provided us with a lot of interesting companies to further research. We're exercising patience now as we feel there's still little hurry to buy. In this issue of InsiderInsights, we'll share the most appealing names from our Bullish New Finds list, and we'll update you on where several of our existing positions stand now. Read more...
LOCM: HERRING ERICK (VP,TO) Acquired (JB) 2,500 Shares of LOCAL COM for $0.00 on 5/15
LOCAL COM (LOCM). Recent Price: $2.47. Mkt Cap:54.6mm. 10D Vol: 110k
AMZN: PIACENTINI DIEGO (VP) Acquired (JB) 7,500 Shares of AMAZON COM INC for $0.00 on 5/15
AMAZON COM INC (AMZN). Recent Price: $222.98. Mkt Cap:100.5B. 10D Vol: 7.4mm
AMZN: PIACENTINI DIEGO (VP) Sold (AS) 6k Shares of AMAZON COM INC for $227.19-$229.99 on 5/15
AMAZON COM INC (AMZN). Recent Price: $222.98. Mkt Cap:100.5B. 10D Vol: 7.4mm
ADXS: MOORE THOMAS A (CB,CEO,DIR) Acquired (JB) 5.5mm Shares of ADVAXIS INC for $0.00 on 5/14
ADVAXIS INC (ADXS). Recent Price: $0.14. Mkt Cap:41.0mm. 10D Vol: 300k
AMZN: BLACKBURN JEFFREY M (VP) Acquired (JB) 7,750 Shares of AMAZON COM INC for $0.00 on 5/15
AMAZON COM INC (AMZN). Recent Price: $222.98. Mkt Cap:100.5B. 10D Vol: 7.4mm
AMZN: BLACKBURN JEFFREY M (VP) Sold (AS) 3,875 Shares of AMAZON COM INC for $226.50 on 5/15
AMAZON COM INC (AMZN). Recent Price: $222.98. Mkt Cap:100.5B. 10D Vol: 7.4mm
AMZN: WILSON L MICHELLE (VP) Acquired (JB) 6,250 Shares of AMAZON COM INC for $0.00 on 5/15
AMAZON COM INC (AMZN). Recent Price: $222.98. Mkt Cap:100.5B. 10D Vol: 7.4mm
AMZN: WILSON L MICHELLE (VP) Sold (AS) 3,750 Shares of AMAZON COM INC for $226.89-$229.97 on 5/15
AMAZON COM INC (AMZN). Recent Price: $222.98. Mkt Cap:100.5B. 10D Vol: 7.4mm
AMZN: SZKUTAK THOMAS J (VP,CFO) Sold (AS) 3k Shares of AMAZON COM INC for $227.16-$229.97 on 5/15
AMAZON COM INC (AMZN). Recent Price: $222.98. Mkt Cap:100.5B. 10D Vol: 7.4mm
AMZN: SZKUTAK THOMAS J (VP,CFO) Acquired (JB) 7,500 Shares of AMAZON COM INC for $0.00 on 5/15
AMAZON COM INC (AMZN). Recent Price: $222.98. Mkt Cap:100.5B. 10D Vol: 7.4mm
This year is kicking off with all of the same macroeconomic issues hovering over the market that made 2011 a difficult year for investing. Discover how the use of insider data can make a difference for you in 2012.
Learn how individual investors often make the wrong assumptions about insider transactions and miss out on opportunities to use this data to its full advantage.
In 1934, congressional legislation created the Securities and Exchange Commission (SEC) and required corporate executives to report their stock holdings and trading activity. Learn how to put this valuable information to work for you.
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—MK, California