After 5 day losing streak, Alcoa’s earnings beat helped snap Wall Street out of its doldrums yesterday. The market gapped higher and traded in a range from there. Investors are becoming more optimistic that earnings season will be a boon for the bulls. Those investors hoping for further Fed stimulus may be out of luck for the time being if there continues to be improving macro data along with earnings.
The Dow closed up 86 points yesterday. The Nasdaq and S&P added 25 and 10 points respectively. Today’s big earnings report will be after the bell when Google reports. Definitely one to watch to see how the giant tech stock is faring.
athenahealth, Inc. (NASDAQ:ATHN) closed Wednesday up 1.18% at $71.19. ATHN traded 237 thousand shares yesterday and trades 504 thousand shares a day on average. Robert Cosinuke (SVP) sold 3,000 shares at $70.69 on April 10.
LeapFrog Enterprises Inc. (NYSE:LF) finished up 4.17% on Wednesday at $7.99. LF traded 672 thousand shares yesterday and trades 805 thousand shares a day on average. Mollusk Holdings LLC (10% owner) sold 30,000 shares at $7.75 on April 10.
Interactive Brokers Group, Inc. (NASDAQ:IBKR) rose 1.45% yesterday at $16.78. IBKR traded 287 thousand shares on Wednesday and averages 467 thousand shares daily. Milan Galik (SVP Software Development) sold 800 shares at $16.99 on April 10.
Dell Inc. (NASDAQ:DELL) closed Wednesday up 0.03% at $16.25. DELL traded light volume yesterday with 12.4 million shares traded. DELL trades 18.1 million shares a day on average. Karen Quintos (SVP) sold 14,933 shares at $16.46 on April 10.
Perrigo Co. (NASDAQ:PRGO) rose 0.13% yesterday at $103.29. PRGO traded 489 thousand shares on Wednesday and trades 872 thousand shares a day on average. Todd Kingma (Executive VP) sold 5,000 shares at $103.50 on April 9.
Ladenburg Thalmann Financial Services Inc. (AMEX:LTS) finished up 3.80% on Wednesday at $1.64. LTS has traded 237 thousand shares yesterday and trades 274 thousand shares a day on average. Richard Lampen (President and CEO bought 5,000 shares at $1.58 on April 10.
Opko Health, Inc. (NYSE:OPK) closed Wednesday up 1.57% at $4.52. OPK has traded 1.1 million shares so far today and trades 1.7 million shares a day on average. Phillip Frost (CEO & Chairman) bought 110,000 shares at $4.46 on April 10.
Novavax, Inc. (NASDAQ:NVAX) rose 5.13% yesterday at $1.23. NVAX traded 515 thousand shares yesterday and trades about 800 thousand shares a day on average. Richard Douglas (Director) bought 50,000 shares at $1.21 on April 10.
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