VANCOUVER, British Columbia, July 19, 2011 /PRNewswire-Asia/ -- NASDAQ, S&P and The Dow Jones industrial average all slid today. Based on the latest insider trades and insider trading data, QUALCOMM, CenturyLink, Oracle and Tibco Software outperformed in their respective sectors. For more data and analysis pertaining to insider tradings and what this might mean to the average investors' portfolio, please visit http://www.insiderslab.com/media/mediaRoom.php
The NASDAQ Telecommunications Index dropped 205 base points from its monthly high today. Meanwhile, it is observed that the insider trading buy ratio dropped sharply as well. Only 54 companies filed insider trading Form 4 to SEC during the past month which is quite low compared to 69 companies for the previous period.
Telecommunications Sector 4-week Insider Buy Ratio: Decreased from 23% to 17%
Telecommunications Sector 13-week Insider Buy Ratio: Increased from 24% to 25%
Telecommunications Sector 52-week Insider Buy Ratio: Decreased from 37% to 33%
QUALCOMM, Inc. (NASDAQ: QCOM) - On July 12, Matt Grob was appointed as Executive Vice President (EVP) and Chief Technology Officer (CTO) of QUALCOMM. The following day, QUALCOM declared quarterly cash dividends of US$0.215 per share. On July 11, EVP Steven Mollenkopf disposed of 50,000 common shares at US$58.72 per share in a market option sale. Read the (QCOM) insider trading report at http://www.insiderslab.com/PR/071911A/QCOM/QUALCOMM (NASDAQ: QCOM) to see what this means to the average investors' portfolio.
CenturyLink, Inc. (NYSE: CTL) - CenturyLink completed its merger with Savvis, Inc. last Friday. Savvis is a global leading cloud infrastructure company. On July 5, Director Ed Mueller sold 13,500 shares on the open market at US$40.79 per share. Read the (CTL) insider trading report at http://www.insiderslab.com/PR/071911A/CTL/CENTURYLINK (NYSE: CTL)
Stock prices within the computer industry rallied after tumbling last week. Now we are waiting for the sector's insiders to respond to the movement of the stock. According to the latest insider trading data, insider buy ratios of Computer Software and Services Sector dropped sharply during the past four weeks.
Computer Software and Services Sector 4-week Insider Buy Ratio: Decreased from 20% to 15%
Computer Software and Services Sector 13-week Insider Buy Ratio: Increased from 18% to 22%
Computer Software and Services Sector 52-week Insider Buy Ratio: Decreased from 27% to 23%
Oracle Corporation (NASDAQ: ORCL) - According to Oracle's most recent press releases, the company launched Oracle Environmental Accounting and Reporting solutions for its E-Business Suite and Oracle's JD Edwards Financials. Share prices kept moving downwards after the news updates. SVP and General Counsel Dorian Daley exercised 25,000 common shares on July 7 and he disposed of the shares on the same day at US$34.00 per share in a market option sale. Read the (ORCL) insider trading report at http://www.insiderslab.com/PR/071911A/ORCL/ORACLE (NASDAQ: ORCL)
Tibco Software Inc. (NASDAQ: TIBX) - Tibco Software released their financials for the second quarter of 2011. Total revenue was US$216.4 million, which was up from US$173.3 million for the same quarter in 2010. Tibco Software ranked as one of the top 5 insider net sellers of the month for the Computer Software and Services Sector, with US$4.54 million worth of common shares disposed of by company insiders. Read the (TIBX) insider trading report at http://www.insiderslab.com/PR/071911A/TIBX/TIBCO (NASDAQ: TIBX)
Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
Insiderslab.com covers insider trade data in major stock markets in the U.S., Hong Kong, Mainland China, and Singapore. Insiderslab.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.
Latest insider trade news: http://www.insiderslab.com/media/
Important Disclaimer:
Please visit www.insiderslab.com/disclaimers/disclaimers.php for details.