inside-analytics.com / Weekly Top 10 European Insider Transactions

14th Jun 2010 07:55

inside-analytics.com / Roundup for the largest European Directors' Dealings for the reporting week from 6 to 13-June-2010 Top 10 Largest Directors' Purchases: 1) ASSICURAZIONI GENERALI SPA Insider: Caltagirone, Francesco Gaetano Insider Relation: Independent Director Transaction Date: 4 - 8-June-2010 Transaction Volume: 14.083 mln eur Notes: Italian regulated market Amount of shares bought: 1,000,000 Average buying price: 14.08 eur Last Price vs. buying price: +3.53% 2) CIR-COMPAGNIE INDUSTR Insider: BESTINVER GESTION, S.A. SGIIC Insider Relation: Beneficial Owner Transaction Date: 4 - 27-May-2010 Transaction Volume: 8.715 mln eur Notes: Italian regulated market Amount of shares bought: 6,019,274 Average buying price: 1.45 eur Last Price vs. buying price: +1.87% 3) GEK TERNA HLDG REAL ESTATE Insider: Peristeris, Georgios Insider Relation: Chairman Transaction Date: 9-June-2010 Transaction Volume: 4.690 mln eur Notes: private transaction, OTC Amount of shares bought: 781,621 Average buying price: 6.00 eur Last Price vs. buying price: -31.17% 4) GEK TERNA HLDG REAL ESTATE Insider: Kampas, Nikolaos Insider Relation: CEO Transaction Date: 9-June-2010 Transaction Volume: 4.690 mln eur Notes: private transaction, OTC Amount of shares bought: 781,620 Average buying price: 6.00 eur Last Price vs. buying price: -31.17% 5) ASSICURAZIONI GENERALI SPA Insider: Bollore, Vincent Insider Relation: Vice-Chairman Transaction Date: 2 - 8-June-2010 Transaction Volume: 4.348 mln eur Notes: Italian regulated market Amount of shares bought: 303,352 Average buying price: 14.33 eur Last Price vs. buying price: +1.73% 6) VOLVO AB Insider: LE LUNDBERG KAPITALFÖRVALTNING Insider Relation: Legal Person Transaction Date: 3-June-2010 Transaction Volume: 3.563 mln eur Notes: Sweden, estimated price Amount of shares bought: 400,000 Average buying price: 8.91 eur Last Price vs. buying price: +3.15% 7) CORP FINANCIERA ALBA Insider: March Delgado, Juan Insider Relation: Vice-Chairman Transaction Date: 1 - 4-June-2010 Transaction Volume: 3.019 mln eur Notes: Bolsa de Barcelona Amount of shares bought: 95,456 Average buying price: 31.62 eur Last Price vs. buying price: +2.74% 8) LUKOIL OIL COMPANY Insider: Mikhaylov, Sergey Insider Relation: Independent Director Transaction Date: 4-June-2010 Transaction Volume: 2.901 mln eur Notes: Moscow Amount of shares bought: 64,395 Average buying price: 45.05 eur Last Price vs. buying price: -4.65% 9) ASTM-AUTOSTADA TORINO-MILANO Insider: AURELIA S.p.A. Insider Relation: Beneficial Owner Transaction Date: 5-May-2010 Transaction Volume: 2.874 mln eur Notes: OTC Amount of shares bought: 275,000 Average buying price: 10.45 eur Last Price vs. buying price: -0.77% 10) CINEMA CITY INTERNATIONAL NV Insider: IT International Theatres Ltd Insider Relation: Majority shareholder Transaction Date: 9-June-2010 Transaction Volume: 2.814 mln eur Notes: Warsaw Stock Exchange Amount of shares bought: 341,000 Average buying price: 8.25 eur Last Price vs. buying price: +4.22% Top 10 Largest Directors' Sells: 1) ACADEMEDIA AB Insider: BURE EQUITY AB (PUBL) Insider Relation: Beneficial Owner Transaction Date: 7-June-2010 Transaction Volume: 34.823 mln eur Notes: Merger, Sweden, estimated price Amount of shares sold: 1,638,052 Average selling price: 21.26 eur Last Price vs. selling price: +0.94% 2) ACADEMEDIA AB Insider: Elias, Alexander Josef Insider Relation: Director Transaction Date: 2-June-2010 Transaction Volume: 11.422 mln eur Notes: Merger, Sweden, estimated price Amount of shares sold: 532,144 Average selling price: 21.46 eur Last Price vs. selling price: -0.02% 3) ACADEMEDIA AB Insider: Ekberg, Bengt Insider Relation: Director Transaction Date: 3-June-2010 Transaction Volume: 9.848 mln eur Notes: Merger, Sweden, estimated price Amount of shares sold: 457,035 Average selling price: 21.55 eur Last Price vs. selling price: -0.41% 4) BBA AVIATION PLC Insider: Pryce, Simon Insider Relation: CEO Transaction Date: 11-June-2010 Transaction Volume: 6.877 mln eur Notes: Amount of shares sold: 30,057 Average selling price: 228.81 eur Last Price vs. selling price: -99.00% 5) BANCO POPULAR ESPANOL Insider: SINDICATURA DE ACCIONISTAS BCO.POPULAR ESPAÑOL, S.A Insider Relation: Legal Person Transaction Date: 1 - 3-June-2010 Transaction Volume: 6.460 mln eur Notes: open market Amount of shares sold: 1,565,526 Average selling price: 4.13 eur Last Price vs. selling price: +7.87% 6) SEB SA Insider: SOCIETE FONCIERE, FINANCIERE ET DE PARTICIPATIONS - FFP Insider Relation: Public Company Transaction Date: 28-May - 2-June-2010 Transaction Volume: 3.983 mln eur Notes: Euronext Amount of shares sold: 72,848 Average selling price: 54.67 eur Last Price vs. selling price: -0.96% 7) RYANAIR HOLDINGS PLC Insider: Cawley, Michael Insider Relation: COO Transaction Date: 11-June-2010 Transaction Volume: 3.700 mln eur Notes: Dublin Amount of shares sold: 1,000,000 Average selling price: 3.70 eur Last Price vs. selling price: +0.54% 8) SCORPION OFFSHORE LTD Insider: Paus, Christopher Insider Relation: Director Transaction Date: 7-June-2010 Transaction Volume: 3.281 mln eur Notes: Oslo, is indirect Amount of shares sold: 651,000 Average selling price: 5.04 eur Last Price vs. selling price: +2.30% 9) EBRO PULEVA SA Insider: CAJA DE AHORROS DE SALAMANCA Y SORIA Insider Relation: Savings Bank Transaction Date: 2 - 10-June-2010 Transaction Volume: 3.080 mln eur Notes: open market Amount of shares sold: 217,198 Average selling price: 14.18 eur Last Price vs. selling price: -0.61% 10) RYANAIR HOLDINGS PLC Insider: Millar, Howard Insider Relation: CFO Transaction Date: 11-June-2010 Transaction Volume: 3.000 mln eur Notes: Dublin Amount of shares sold: 800,000 Average selling price: 3.75 eur Last Price vs. selling price: -0.80% About directors (corporate insiders): Typically, directors (insiders) buy on weakness and sell on strength. Empirical evidence shows that directors' purchases tend to outperform the market while directors' sells tend to slightly underperform the market. Under certain circumstances, purchases or sells can lead to a strong price reaction. Directors' deals potentially convey private information to the market that has not already been discounted. In order to evaluate the conviction behind these transactions, 2iQ Research recommends to check the value of the trade, the hierarchical position of the insider, other dealings within the company, and also the news-flow. About 2iQ: 2iQ Research (http://www.2iqresearch.com) specialises in behavioral financial analysis. The company manages a database about directors' dealings (legal insider trading) for professional investors at http://www.inside-analytics.com. About the dealings database (inside-analytics.com): The database coverage totals 35 European countries, including the 15 established EU member states plus Finland, Poland, Switzerland, Norway, Turkey, Malta, Luxembourg, Czech Republic, Slovakia, Cyprus, Estonia, Latvia, Lithuania, Romania, Bulgaria, Hungary, Croatia, Slovenia, Iceland. More European countries will be added as soon as EU members implement the Transparency Directive 2004/109/EU of the European Parliament and of the Council. The site offers standardised data in real time and access to insider dealings across 6,000 companies and 35 European countries. In addition to searches and analysis by sector, country or customisable watch lists and email updates users can access the "Directors' Confidence Index", which is published bi-monthly in cooperation with the Financial Times Germany as "FTD-Insider-Index" - http://www.ftd.de/insider -. It reflects the confidence of European directors in their own shares, making it a valuable source of information for future stock market movements. Academic research proves that directors are excellent market timers. About European Directors' Dealings (EDD): European Directors' Dealings (EDD) is available via CEF real-time data feeds from Deutsche Börse Market Data & Analytics. Customers around the world, including information providers and banks, will be able to receive the consolidated data package in an uniform format and integrate it into their analysis and algorithms. For more information please visit Deutsche Börse website - http://deutsche-boerse.com/EDD Subscribe to this news via RSS-Feed: http://www.inside-analytics.com/rss_feed_en.xml Disclaimer: Stock prices may rise or fall as directors buy or sell company shares. This message is automatically generated by 2iQ Research GmbH, Frankfurt, Germany. 2iQ does not take any responsibility for the accuracy, completeness of this data. For terms of use please check: http://www.inside-analytics.com/terms.html. For this top10 statistics we do exclude transactions by issuers (sharebuybacks), parent companies, subsidiaries and affiliated companies. (END) Dow Jones Newswires June 14, 2010 02:55 ET (06:55 GMT)