NYSE:OPK

Insiders Trading Report for April 13

Traders at the NYSEFutures are trimming some of their losses today as the market is looking like it is heading for a slight pullback after a major rally most of the week. Earnings news out the the major banks like JPMorgan and Wells Fargo is helping the market recover. The slip in the major indices this morning was due to Chinese GDP data that showed the country was not growing as fast as expected. 8.1% vs 8.3% was the number that came in overnight.

Yesterday saw the Dow have one of its best days of the year thanks to earnings news. The Dow closed up 181, the Nasdaq 39 and the S&P added 19. [Read more...]

Insiders Trading Report for April 12

Traders at the NYSEAfter 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. [Read more...]

Insiders Trading Report for April 11

Market newsAfter yesterday’s route, the markets are getting relief thanks to Alcoa’s earnings beat. Right now the futures are rallying across the board as investors digest the news. Even Europe has stabilized with Italian and Spanish bond yields dropping. Yesterday had investors dreading earnings season, now it seems as if optimism has returned to the Street. [Read more...]

Insiders Buying Report for April 9

Market newsOpko Health, Inc. (NYSE:OPK) jumped 1.06% at $4.75 on Thursday. OPK traded 1.1 million shares on Thursday an trades 1.7 million shares a day on average. Phillip Frost (CEO & Chairman) bought 10,000 shares at $4.70 on April 4.

First Niagara Financial Group Inc. (NASDAQ:FNFG) fell 1.51% at $9.44 on Thursday. FNFG traded 3.1 million shares on Thursday and traded 4.9 million shares a day on average. Thomas Baker (Director) bought 2,079 shares at $9.96 on April 4. [Read more...]

Insiders Trading Report for April 4

Traders at the NYSEThe ADP report couldn’t save stocks yesterday. European concerns that were shrugged off last week came back with a vengeance. The anemic Spanish bond auction sent the broader market reeling. The ISM services miss also did not help the cause of the bulls and sent the bears stampeding through the major indices.

While growth concerns are creeping back into the market, the focus will be on the jobs report. If labor strength continues, the US markets could end up decoupling from European markets and continue higher.

The Dow closed down 125 points yesterday. The Nasdaq and S&P 500 both closed down 45 and 14 respectively. [Read more...]

Insiders Trading Report for Apr. 3

Traders at the NYSEIf traders were looking for a sign of QE3 yesterday they were sorely disappointed. The release of the FOMC minutes showed that the Fed would exercise caution in regards to further easing. The release of minutes sent the precious metals market tumbling and snapped the Dow’s three-day winning streak.

The Dow closed down 65 points to 13,200. Tech stocks fared better with the Nasdaq only down 6 points at the close, and the S&P matched those declines.

Opko Health, Inc. (NYSE:OPK) closed Tuesday down 1.03% at $4.81. OPK saw above average volume today with over 2 million shares traded. Phillip Frost (CEO & Chairman) bought 45,000 shares at $4.68 on April 2. [Read more...]

Insiders Trading Report for March 30

Traders at the NYSEModeration 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. [Read more...]

Insiders Trading Report for March 29

Traders at the NYSEYesterday’s whipsawing action on the domestic markets may be a sign of a slow down looming. Europe is looking like it wants to turn its sovereign debt crisis into a never ending mini-series. The Dow managed to recover all of its losses on the day and closed up 19 points. The Nasdaq and S&P remained in negative territory, dropping 10 and 2 points respectively.

Jobless data yesterday was massaged by revisions to make it appear as a drop in claims. The print from the week previous was revised upwards to 364k. Created a better looking headline of a 5k drop in claims. Will be interesting to see when earnings season starts anew in the coming weeks, plus the late April Fed meeting. [Read more...]

Insiders Trading Report for March 28

Investors at the NYSEStocks finished negative yesterday as investors took a step back following economic data and global worries. Economic data gave traders pause as durable goods orders rose less than expected at 2.2% in February. Analysts were expecting a 3% increase.

Europe continues to be in the headlines as Spain may have entered into its second recession in three years. As usual, political leaders, specifically the Italian prime minister, are not worried about economic troubles from another european country affecting the EU.

This news sent the Dow down 71 points, the Nasdaq down 15 points and the S&P 500 down 7 points. [Read more...]

Insiders Trading Report for March 27

Traders at the NYSEStocks turned negative a day after their sharp rally. While some was profit taking after the recent run up, two data points came in as misses. The Dow closed down yesterday nearly 44 points to 13,197. The Nasdaq ended the day essentially flat, down just over 2 points to 3,120.35. Rounding out the mostly flat day was the S&P 500, down almost 4 points to 1,412.

Decliners lead advancers marginally across the major indices. The two major economic data points that were released Tuesday both missed expectations to the downside. Consumer confidence printed a 70.2 down from a 71.6. The Case Shiller Home Price Index hit a 9-year low as housing prices just refuse to recover. [Read more...]

Buyers Report – Insiders Buying These Stocks For March 26

Floor of the New York Stock ExchangeThis week will be dominated by how consumers are reacting to rising gas prices. Consumer spending accounts for 70% of total economic activity, so analysts and investors alike will be glued to the numbers coming out.

Wall Street will get its first batch of data when consumer confidence numbers are released on Tuesday. Expectations are for a slight decline due to gas prices. A bigger decline would signal that consumers are really pulling back and this could halt the sputtering recovery.

The stocks below had insider transactions that were disclosed on March 23. The transactions themselves took place on or before March 23. [Read more...]

Real Time Web Analytics