May 17, 2016

Posted by in Stock Reports | 0 Comments

Insiders Are Buying These Shares: Intrexon Corp (NYSE:XON), Transenterix Inc (NYSEMKT:TRXC), 3D Systems Corporation (NYSE:DDD)

Insiders Are Buying These Shares: Intrexon Corp (NYSE:XON), Transenterix Inc (NYSEMKT:TRXC), 3D Systems Corporation (NYSE:DDD)

Insider Trading is the buying or selling of a security by someone who has access to material, nonpublic information about the security. Insider trading is legal once the material information has been made public, at which time the insider has no direct advantage over other investors. The SEC, however, still requires all insiders to report all their transactions. So, as insiders have an insight into the workings of their company, it may be wise for an investor to look at these reports to see how insiders are legally trading their stock.

It isn’t a coincidence that corporate executives seem to always buy and sell at the right times. After all, the CEOs and CFOs of the world have access to every bit of company information you could ever want. This kind of information is extremely valuable to individual investors. For example, if insiders are buying shares in their own companies, they usually know something that normal investors do not. They might buy because they see great potential, a merger, acquisition or simply because they think their stock is undervalued.

Moving on to the first insider trade May 13, 2016 which involved KIRK RANDAL J, a Chief Executive Officer at Intrexon Corp (NYSE:XON), who acquired 41,830  shares at $23.92 per share to put the total holding at 6,649,997 shares. Its shares currently owned by company management are 0.30% while institutional investors own about 89.80%. The 6-month change recorded in total insider ownership was 68.83%. On the other side, 0.41% change in total institutional ownership has been reported for the 3-month period.

Transenterix Inc (NYSEMKT:TRXC) saw an insider buy stock in the company on May 13. SLATTERY JOSEPH P, EVP and CFO of the company, bought 25,000 shares for $1.95 per share worth a total of $48,625. After this insider buying, SLATTERY JOSEPH P now has a total stake of 25,000 shares in the company. Its shares currently owned by company management are 0.20% while institutional investors own about 45.60%. The 6-month change recorded in total insider ownership was 46.28%. On the other side, -0.93% change in total institutional ownership has been reported for the 3-month period.

3D Systems Corporation (NYSE:DDD) also received some insider trading action as LOEWENBAUM G WALTER II, who is the company’s director added some 20,000 shares at a price of $12.08 per share to the holding that now comprises of 1,014,810 shares. Its shares currently owned by company management are 2.00% while institutional investors own about 51.30%. The 6-month change recorded in total insider ownership was 4.67%. On the other side, 0.39% change in total institutional ownership has been reported for the 3-month period.

 

 

 

 

 

 

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