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Wells Fargo & Company (NYSE:WFC): On October 4, Wells Fargo & Company (NYSE:WFC) announced the appointment of Jim Hays as Executive Vice President and Head of Wealth Brokerage Services. What’s more, Wells Fargo’s International Group, a unit of Wells Fargo, announced that Christopher Lewis has been appointed as Executive Vice President and Head of Global Trade Services. In the last three months, Wells Fargo insiders have sold a total of US$5.13 million in shares, which ranged in price from US$33.86 to US$34.30 each. In the last trading session, Wells Fargo shares continued to slump and ended lower by 0.11% at US$35.80 with more than 13.88 million shares exchanged hands compared to its average volume of 24.84 million shares. Wells Fargo’s low point in its 52-week range is US$23.19 per share, with US$36.60 as the 52-week high point. Where do you think WFC will go from here? Academic studies clarify that professional investors can get benefit from insider trading data. Do you want to trace Wells Fargo on an on-going basis? It can be done for free by registering below.
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Safeway Inc. (NYSE:SWY): On Monday, Safeway Inc. (NYSE:SWY) announced that Russ Jackson, Senior Vice President of Human Resources, has been named by Human Resource Executive magazine to the influential 2012 HR Honor Roll. Safeway is scheduled to release its financial results for the third quarter of 2012 on Thursday, October 11. According to insider trading information, Safeway insiders have sold their shares for about US$31,840 in the past three months, at stock price of US$15.92 each. Safeway began the trading session with a price of US$16.20 and throughout the session climbed to a high of US$16.54. By market close, the stock finally climbed 1.18% to US$16.35. SWY has a 52-week low of US$14.73 and a 52-week high of US$23.16. The last session’s volume of 7.09 million shares was above from the average daily trading volume of 6.33 million shares. Since Safeway insiders such as CEOs, CFOs and Directors have better access to company non-public information, Pennystocksinsiders.com thinks that investors would be wise to pay close attention to their stock trading behaviors. Check this insider trade report for SWY here.
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Today Pennystocksinsiders.com also observed abnormal trade volume for the following companies; insiders may involve trading in these companies. It will take some time for insiders to report their trades. Read these reports and add these companies into your Insider Trade Radar.
JDS Uniphase Corporation (NASDAQ:JDSU):
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Allscripts Healthcare Solutions Inc. (NASDAQ:MDRX):
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NVIDIA Corporation (NASDAQ:NVDA):
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Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
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Editor: Janet Nan Jiang
