Jun 6, 2016

Posted by in Stock Reports | 0 Comments

Insider Sells Are Telling Something: Cisco Systems, Inc. (NASDAQ:CSCO), Twitter Inc (NYSE:TWTR), Yahoo! Inc. (NASDAQ:YHOO)

Insider Sells Are Telling Something: Cisco Systems, Inc. (NASDAQ:CSCO),  Twitter Inc (NYSE:TWTR), Yahoo! Inc. (NASDAQ:YHOO)

As a general rule, insider buying shows management’s confidence in the company, and is considered a bullish sign—in other words a sign that stock prices are likely to go up. Conversely, insider selling is considered bearish—those in the know may be off loading their stocks in an expectation that prices will soon fall. So it pays to keep an eye on the activities of insiders.

Studies have shown that prompt and timely dissemination of insider transactions are profitable for investors, as insiders tend to beat the market. The odds in favor of an insider purchase being followed by further purchases are three times greater than the odds of a purchase followed by a sale.

Cisco Systems, Inc. (NASDAQ:CSCO) saw an insider sell on June 01, 2016 that may make shareholders worried. Jacoby Rebecca, SVP & Chief of Operations, sold 90,000 shares at $28.97 a piece. The total sale came to $2,607,453, leaving the total count to 318,730 shares. Its shares currently owned by company management are 0.10% while institutional investors own about 77.20%. The 6-month change recorded in total insider ownership was -23.54%. On the other side, -0.91% change in total institutional ownership has been reported for the 3-month period.

Moving on to the second insider trade which involved Kaiden Robert, a Chief Accounting Officer at Twitter Inc (NYSE:TWTR) sold 11,754 shares at $15.02 per share to trim the total holding at 225,231 shares. Its shares currently owned by company management are 1.50% while institutional investors own about 44.60%. The 6-month change recorded in total insider ownership was -1.86%. On the other side, -6.25% change in total institutional ownership has been reported for the 3-month period.

Yahoo! Inc. (NASDAQ:YHOO) also received some insider trading action as Utzschneider Lisa, who the company’s Chief Revenue Officer is sold some 683 shares at a price of $37.24 per share to the holding that now comprises of 628,234 shares. Its shares currently owned by company management are 0.50% while institutional investors own about 79.30%. The 6-month change recorded in total insider ownership was -5.89%. On the other side, 1.90% change in total institutional ownership has been reported for the 3-month period.

 

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