Moderation is expected to be the key word in the coming market week. Most economists see the jobs numbers moderating and unemployment staying at 8.3%. Expectations are that the few layoffs in the winter will lead to slower hiring in the spring. No reversal of the overall hiring trend it expected, more of a moderating influence as companies look towards summer.
Also investors will be gearing up see what the start of earnings season brings. Plus a Fed meeting later this month will be speculated on ad nauseum.
Opko Health, Inc. (NYSE:OPK) closed Friday up 0.85% at $4.73. OPK traded 1.3 million shares on Friday and trades 1.7 million shares a day on average. Steven Rubin (Executive VP) bought 2,000 shares at $4.68 on March 29. Jan Hsiao (Vice Chairman) bought 10,000 shares at $4.70 on March 29.
Humana Inc. (NYSE:HUM) finished up 1.03% on Friday at $92.48. HUM traded 2.5 million shares on Friday, well above its daily average of 1.9 million shares. David Nash (Director) bought 112 shares at $87.93 on March 29.
American International Group, Inc. (NYSE:AIG) closed Friday up nearly 3% at $30.83. AIG traded 19.8 million shares on Friday, more than double its daily average. AIG bought 400,000 shares at $25 on March 22.
Enterprise Products Partners LP (NYSE:EPD) ended Friday up 1.02% at $50.47. EPD traded 952 thousand shares on Friday and trades 1.3 million shares daily on average. Mark Hurley (Senior Vice President) bought 400 shares at $50.35 on March 30.
Signet Jewelers Limited (NYSE:SIG) closed Friday down 2.72% at $47.28. Volume was heavy for SIG on Friday with 1 million shares traded, 300 thousand shares more than its daily average. Multiple execs were reported to have sold SIG shares on March 28. Robert Anderson (UK CEO) sold 8,183 shares at $48.97 and Kevin Ryan (UK Stores Operations Director) sold 3,685 shares at $48.97.
The Coca-Cola Company (NYSE:KO) finished up 0.27% on Friday at $74.01. KO traded 13.2 million shares on Friday, well above its daily average of 8 million shares. Harry Anderson (Senior Vice President) sold 15,000 shares at $73.45 on March 29. Alexander Cummings (Executive Vice President) sold 85,000 shares at $72 on March 28.
Symantec Corporation (NASDAQ:SYMC) closed Friday up 1.63% at $18.70. SYMC traded 7.2 million shares, nearly a million shares more than its daily average. Robert Miller sold 40,000 shares at $18.50 on March 28.
Tiffany & Co. (NYSE:TIF) ended up 0.12% on Friday at $69.13. TIF traded 3.2 million shares on Friday, well above its daily average of 2.4 million shares. James Fernandez (Prin. COO) sold 1,400 shares at $69.51 on March 29.
Lowe’s Companies Inc. (NYSE:LOW) closed up 0.54% on Friday at $31.38. LOW traded 13.3 million shares on Friday and trades 15.3 million shares on average. Robert Niblock (Chairman, President & CEO) sold 1,600 shares at $31.23 on March 28.
Celgene Corporation (NASDAQ:CELG) was unchanged on Friday at $77.52. CELG traded 2.4 million shares on Friday and trades 3 million shares a day on average. Gilla Kaplan (Director) sold 8,000 shares at $78.45 on March 28.
Raytheon Co. (NYSE:RTN) fell 0.15% on Friday at $52.78. RTN traded 3 million shares on Friday, well above its daily average 2.3 million shares. Jay Stephens (Sr. VP) sold 7,500 shares at $52.85 on March 28.
CBS Corporation (NYSE:CBS) jumped 3.29% on Friday at $33.91. CBS traded 15.5 million shares on Friday, nearly 3 times its daily average. Joseph Ianniello (EVP and CFO) sold 22,000 shares at $32.36 on March 29 and 22,000 shares at $33.47 on March 30.
About Martin Stephenson
