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

19th Jul 2010 09:49

inside-analytics.com / Roundup for the largest European Directors' Dealings for the reporting week from 11 to 18-July-2010 Top 10 Largest Directors' Purchases: 1) ASSICURAZIONI GENERALI SPA Insider: MEDIOBANCA S.p.A. Insider Relation: Public Company Transaction Date: 11 - 29-June-2010 Transaction Volume: 731.652 mln eur Notes: private transaction, Italian regulated market, OTC Amount of shares bought: 26,710,041 Average buying price: 27.39 eur Last Price vs. buying price: -45.35% 2) ACEA SPA Insider: Caltagirone, Francesco Gaetano Insider Relation: Independent Director Transaction Date: 1 - 22-June-2010 Transaction Volume: 12.162 mln eur Notes: Italian regulated market Amount of shares bought: 1,500,000 Average buying price: 8.11 eur Last Price vs. buying price: +5.82% 3) BOLLORE Insider: Bollore, Vincent Insider Relation: Chairman/CEO Transaction Date: 30-June - 7-July-2010 Transaction Volume: 8.056 mln eur Notes: Paris Amount of shares bought: 60,682 Average buying price: 132.76 eur Last Price vs. buying price: +1.50% 4) GEOPARK HLDGS Insider: Pavez, Juan Cristobal Insider Relation: Non-Executive Director Transaction Date: 15-July-2010 Transaction Volume: 6.535 mln eur Notes: London Amount of shares bought: 963,000 Average buying price: 6.79 eur Last Price vs. buying price: +2.39% 5) FORTE-OSTRO MAZ FABRYK MEBLI Insider: MaFORM HOLDING AG Insider Relation: Main shareholder Transaction Date: 15-July-2010 Transaction Volume: 5.176 mln eur Notes: private transaction Amount of shares bought: 1,388,703 Average buying price: 3.73 eur Last Price vs. buying price: -0.11% 6) DRAEGERWERK AG Insider: Draeger, Stefan Insider Relation: CEO Transaction Date: 17-June-2010 Transaction Volume: 4.818 mln eur Notes: OTC Amount of shares bought: 117,500 Average buying price: 41.00 eur Last Price vs. buying price: +10.61% 7) LOTTOMATICA SPA Insider: MEDIOBANCA S.p.A. Insider Relation: Public Company Transaction Date: 7 - 11-June-2010 Transaction Volume: 3.356 mln eur Notes: Italian regulated market, OTC Amount of shares bought: 274,041 Average buying price: 12.25 eur Last Price vs. buying price: -8.62% 8) STROER OUT-OF-HOME MEDIA AG Insider: Ströer, Dirk Insider Relation: Non-Executive Director Transaction Date: 13 - 15-July-2010 Transaction Volume: 3.010 mln eur Notes: IPO, OTC, XETRA Amount of shares bought: 150,490 Average buying price: 20.00 eur Last Price vs. buying price: -1.25% 9) COLAS SA Insider: Bouygues, Olivier Insider Relation: Director Transaction Date: 9-July-2010 Transaction Volume: 2.913 mln eur Notes: Paris Amount of shares bought: 17,657 Average buying price: 165.00 eur Last Price vs. buying price: +5.44% 10) POLO RESOURCES LTD Insider: Dattels, Stephen R. Insider Relation: Executive Chairman Transaction Date: 9-July-2010 Transaction Volume: 1.836 mln eur Notes: London, is indirect Amount of shares bought: 30,000,000 Average buying price: 0.06 eur Last Price vs. buying price: +12.24% Top 10 Largest Directors' Sells: 1) ASSICURAZIONI GENERALI SPA Insider: MEDIOBANCA S.p.A. Insider Relation: Public Company Transaction Date: 2 - 29-June-2010 Transaction Volume: 356.556 mln eur Notes: OTC, derivative market Amount of shares sold: 24,200,000 Average selling price: 14.73 eur Last Price vs. selling price: +1.60% 2) TURK HAVA YOLLARI AO Insider: AXA SA Insider Relation: Beneficial Owner Transaction Date: 8-July-2010 Transaction Volume: 98.368 mln eur Notes: private transaction Amount of shares sold: 41,880,131 Average selling price: 2.35 eur Last Price vs. selling price: -7.27% 3) KOC HOLDING AS Insider: Koc, Ali Yildirim Insider Relation: Executive Director Transaction Date: 12-July-2010 Transaction Volume: 57.966 mln eur Notes: private transaction, Istanbul Amount of shares sold: 20,700,000 Average selling price: 2.80 eur Last Price vs. selling price: -1.43% 4) DOGAN SIRKETLER GRUBU HLDG Insider: AllianceBernstein L.P. Insider Relation: Legal Person Transaction Date: 8-July-2010 Transaction Volume: 51.484 mln eur Notes: Istanbul Amount of shares sold: 92,060,946 Average selling price: 0.56 eur Last Price vs. selling price: -4.87% 5) ANHEUSER-BUSCH INBEV Insider: Van Damme, Alexandre Insider Relation: Director Transaction Date: 25-June-2010 Transaction Volume: 41.586 mln eur Notes: Euronext Brussels Amount of shares sold: 1,015,000 Average selling price: 40.97 eur Last Price vs. selling price: +0.29% 6) ASOS PLC Insider: Robertson, Nick Insider Relation: CEO Transaction Date: 13 - 14-July-2010 Transaction Volume: 19.097 mln eur Notes: tax related, London Amount of shares sold: 1,796,057 Average selling price: 10.63 eur Last Price vs. selling price: +10.00% 7) LOTTOMATICA SPA Insider: MEDIOBANCA S.p.A. Insider Relation: Public Company Transaction Date: 2-June-2010 Transaction Volume: 12.170 mln eur Notes: OTC Amount of shares sold: 1,000,000 Average selling price: 12.17 eur Last Price vs. selling price: -8.05% 8) INDRA SISTEMAS SA Insider: CASA GRANDE DE CARTAGENA, S.L. Insider Relation: Beneficial Owner Transaction Date: 6 - 8-July-2010 Transaction Volume: 10.115 mln eur Notes: open market Amount of shares sold: 770,000 Average selling price: 13.14 eur Last Price vs. selling price: -5.08% 9) JACQUES VERT PLC Insider: Waillim Limited Insider Relation: Legal Person Transaction Date: 15-July-2010 Transaction Volume: 9.042 mln eur Notes: private placement Amount of shares sold: 50,627,173 Average selling price: 0.18 eur Last Price vs. selling price: +11.04% 10) FORTE-OSTRO MAZ FABRYK MEBLI Insider: Formanowicz, Maciej Insider Relation: President Transaction Date: 15-July-2010 Transaction Volume: 5.176 mln eur Notes: private transaction Amount of shares sold: 1,388,703 Average selling price: 3.73 eur Last Price vs. selling price: -0.11% 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 July 19, 2010 04:49 ET (08:49 GMT)