Stock Rally Pushes Insider Trades in Electronics Sector

Based on the latest insider trades and insider trading data, ON Semiconductor , SanDisk and GT Solar outperformed their competitors in the Electronics Sector.
By: www.insiderslab.com
 
July 20, 2011 - PRLog -- Based on the latest insider trades and insider trading data, ON Semiconductor , SanDisk  and GT Solar  outperformed their competitors in the Electronics Sector. Today we are going to examine insider trades filed by 3 C-Level Officers within the U.S. Electronics Sector. For more data and analysis pertaining to insider trading and what this might mean to the average investors' portfolio, please visit http://www.insiderslab.com/media/mediaRoom.php

The insider trading trend within the Electronics Sector pretty much followed the movement of the U.S. stock market. It is observed that except for the big downturn before November 2010, the 4-week insider buy ratio and electronic distributors and semiconductors industries began to rally since then. However, the most recent 4-week insider buy ratio slid as the entire U.S. stock market took a downturn.

Electronic Sector 4-week Insider Buy Ratio: Decreased from 20% to 16%
Electronic Sector 13-week Insider Buy Ratio: Increased from 16% to 21%
Electronic Sector 52-week Insider Buy Ratio: Decreased from 24% to 19%

ON Semiconductor Corp. – ON Semiconductor was traded at a price around 25% higher compared to the same period last year. This would suggest that insiders seemed satisfied with their gains on earnings and we rarely saw open market disposition during the year by ON Semiconductor insiders. However, on July 15, CEO and President Keith D. Jackson sold 40,000 common stocks at US$9.23 per share on the open market. Is this company leader thinking his stock was over-priced? The answer might be hidden in the company’s second quarter financials which will be disclosed on August 3, 2011. Read the (ONNN) insider trading report at http://www.insiderslab.com/PR/072011A/ONNN/ON-SEMICONDUCTOR  to see what this means to the average investors’ portfolio.

SanDisk Corporation – SanDisk dropped almost 20% from its yearly high of around US$50 per share during the most recent quarter. The company issued a press release on July 12 celebrating the opening of Fab 5 - their third 300mm wafer NAND fabrication facility in Japan. However, the good news was not enough to resurrect their sinking stock price. On the same day, President and CEO Sanjay Mehrotra exercised 10,000 stock options and he disposed that same amount at US$41.26 per share immediately. Read the (SNDK) insider trading report at http://www.insiderslab.com/PR/072011A/SNDK/SANDISK  to see what this means to the average investors’ portfolio.

GT Solar International, Inc. – On July 5, GT Solar announced it is set to receive US$81.7 million in two new orders from Asia for their polysilicon production equipment. Their share price then surged to the 52-week high to US$17.50 per share on the following day. Now is probably the best time for those insiders to exercise options at cheaper prices and sell them off at higher prices. Since July 15, V.P. and Chief Administration Officer Kim Ho exercised about 19,000 stock options. During the same trading period, he sold almost 23,000 common shares for which the amount was even greater than he had purchased. Read the (SOLR) insider trading report at http://www.insiderslab.com/PR/072011A/SOLR/GT-SOLAR  to see what this means to the average investors’ portfolio.

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.

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