May 4, 2016

Posted by in Stock Reports | 0 Comments

Stocks Seeing Recent Insider Buys: Infinera Corp. (NASDAQ:INFN), First Niagara Financial Group Inc. (NASDAQ:FNFG), Alcoa Inc (NYSE:AA)

Stocks Seeing Recent Insider Buys: Infinera Corp. (NASDAQ:INFN), First Niagara Financial Group Inc. (NASDAQ:FNFG), Alcoa Inc (NYSE:AA)

Insider trading is defined as a practice wherein trade of a company’s securities is undertaken by people who by virtue of their work have access to the otherwise non public information which can be crucial for making investment decisions.

In order to be able to use insider transactions to help you invest more wisely, you need to know the importance of the dollar value of the insider transactions you are watching. Continual purchases over the span of a few weeks tend to mean the insider is trying to buy in a big way. Also, keep things in perspective by understanding how much of an increase or decrease in the amount of shares owned will occur because of this transaction. The proportionate sizes of the transaction are extremely important.

Moving on to the first insider trade May 03, 2016 which involved Fallon Thomas J, a Chief Executive Officer at Infinera Corp. (NASDAQ:INFN), who acquired 100,000 shares at $11.95 per share to put the total holding at 988,815 shares. Its shares currently owned by company management are 0.10% while institutional investors own about 80.10%. The 6-month change recorded in total insider ownership was -35.91%. On the other side, 0.70% change in total institutional ownership has been reported for the 3-month period.

First Niagara Financial Group Inc. (NASDAQ:FNFG) saw an insider buy stock in the company on May 03. ADAMS AUSTIN A, director of the company, bought 5,000 shares for $10.31 per share worth a total of $51,550. After this insider buying, ADAMS AUSTIN A now has a total stake of 37,879 shares in the company. Its shares currently owned by company management are 0.50% while institutional investors own about 79.90%. The 6-month change recorded in total insider ownership was 0.31%. On the other side, 0.03% change in total institutional ownership has been reported for the 3-month period.

Alcoa Inc (NYSE:AA) also received some insider trading action as SCHMIDT ULRICH, who is the company’s director added some 5,000 shares at a price of $10.25 per share to the holding that now comprises of 5,000 shares. Its shares currently owned by company management are 0.30% while institutional investors own about 72.00%. The 6-month change recorded in total insider ownership was 2.12%. On the other side, 1.74% change in total institutional ownership has been reported for the 3-month period.

 

 

 

Comments are closed.