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

28th Jun 2010 08:20

inside-analytics.com / Roundup for the largest European Directors' Dealings for the reporting week from 20 to 27-June-2010 Top 10 Largest Directors' Purchases: 1) NEXE GRUPA D.D. Insider: Ergovic, Ivan Insider Relation: Chairman of the Management Board Transaction Date: 24-June-2010 Transaction Volume: 457.658 mln eur Notes: private transaction, OTC, estimated price Amount of shares bought: 940,040 Average buying price: 486.85 eur Last Price vs. buying price: +0.37% 2) ATOS ORIGIN Insider: Financière Daunou 17 Insider Relation: Management Holding Transaction Date: 11 - 16-June-2010 Transaction Volume: 6.105 mln eur Notes: Paris Amount of shares bought: 164,239 Average buying price: 37.17 eur Last Price vs. buying price: -5.45% 3) ADCAPITAL AG Insider: Leibinger, Guenther Insider Relation: Vice-Chairman Transaction Date: 23-June-2010 Transaction Volume: 5.848 mln eur Notes: private transaction, OTC Amount of shares bought: 649,755 Average buying price: 9.00 eur Last Price vs. buying price: -5.56% 4) YPSOMED HOLDING AG Insider: Name not disclosed Insider Relation: Non-Executive member of the Board of Directors Transaction Date: 17 - 24-June-2010 Transaction Volume: 3.674 mln eur Notes: private transaction, Switzerland Amount of shares bought: 87,542 Average buying price: 41.97 eur Last Price vs. buying price: +1.53% 5) FERRUM SA Insider: Name not disclosed Insider Relation: Person holding managerial position Transaction Date: 21-June-2010 Transaction Volume: 2.164 mln eur Notes: Warsaw Stock Exchange Amount of shares bought: 970,000 Average buying price: 2.23 eur Last Price vs. buying price: +27.22% 6) WILH WILHELMSEN HOLDING Insider: Wilhelmsen, Wilhelm Insider Relation: Chairman Transaction Date: 18-June-2010 Transaction Volume: 1.798 mln eur Notes: Oslo Amount of shares bought: 129,000 Average buying price: 13.94 eur Last Price vs. buying price: -0.50% 7) GEWISS SPA Insider: Bosatelli, Domenico Insider Relation: Chairman/CEO Transaction Date: 21 - 24-June-2010 Transaction Volume: 1.619 mln eur Notes: Italian regulated market Amount of shares bought: 386,389 Average buying price: 4.19 eur Last Price vs. buying price: +0.00% 8) WHITBREAD PLC Insider: Harrison, Andy Insider Relation: CEO Transaction Date: 23-June-2010 Transaction Volume: 1.512 mln eur Notes: London, estimated price Amount of shares bought: 81,550 Average buying price: 18.53 eur Last Price vs. buying price: -2.72% 9) CABLE & WIRELESS COMM PLC Insider: Rice, Anthony Insider Relation: CEO Transaction Date: 21-June-2010 Transaction Volume: 1.433 mln eur Notes: London Amount of shares bought: 2,000,000 Average buying price: 0.72 eur Last Price vs. buying price: +1.52% 10) NET TURIZM TICARET SANAYI Insider: ASYA NET TURIZM SANAYI VE TICARET ANONIM SIRKETI Insider Relation: Beneficial Owner Transaction Date: 25-June-2010 Transaction Volume: 0.958 mln eur Notes: Istanbul Amount of shares bought: 1,750,000 Average buying price: 0.55 eur Last Price vs. buying price: +0.52% Top 10 Largest Directors' Sells: 1) PORTUGAL TELECOM SGPS SA Insider: TELEFONICA SA Insider Relation: Public Company Transaction Date: 17 - 19-June-2010 Transaction Volume: 512.637 mln eur Notes: OTC Amount of shares sold: 58,204,839 Average selling price: 8.81 eur Last Price vs. selling price: -2.92% 2) ANHEUSER-BUSCH INBEV Insider: Van Damme, Alexandre Insider Relation: Director Transaction Date: 8 - 21-June-2010 Transaction Volume: 156.823 mln eur Notes: OTC, Euronext Brussels Amount of shares sold: 3,870,317 Average selling price: 40.52 eur Last Price vs. selling price: -0.90% 3) BANCO POPULAR ESPANOL Insider: SINDICATURA DE ACCIONISTAS BCO.POPULAR ESPAÑOL, S.A Insider Relation: Legal Person Transaction Date: 14 - 17-June-2010 Transaction Volume: 47.677 mln eur Notes: open market Amount of shares sold: 10,593,071 Average selling price: 4.50 eur Last Price vs. selling price: -2.75% 4) GINGER Insider: Schnoebelen, Jean-Luc Insider Relation: Chairman of the Management Board Transaction Date: 17-June-2010 Transaction Volume: 34.439 mln eur Notes: offering, OTC Amount of shares sold: 1,221,225 Average selling price: 28.20 eur Last Price vs. selling price: -40.25% 5) SONOVA HOLDING AG Insider: Name not disclosed Insider Relation: Non-Executive member of the Board of Directors Transaction Date: 23-June-2010 Transaction Volume: 28.799 mln eur Notes: private transaction, Switzerland Amount of shares sold: 300,000 Average selling price: 96.00 eur Last Price vs. selling price: +0.13% 6) ABERTIS INFRAESTRUCTURAS SA Insider: Montes de Piedad y Caja de Ahorros de Ronda, Cadiz Insider Relation: Mutual savings bank Transaction Date: 16 - 21-June-2010 Transaction Volume: 25.679 mln eur Notes: market transaction Amount of shares sold: 2,096,813 Average selling price: 12.25 eur Last Price vs. selling price: -0.95% 7) DFDS AS Insider: Vesterhavet Holding A/S Insider Relation: Legal Person Transaction Date: 21-June-2010 Transaction Volume: 15.004 mln eur Notes: Copenhagen Amount of shares sold: 333,241 Average selling price: 45.02 eur Last Price vs. selling price: +8.76% 8) SITRONICS JSC Insider: Manos, Alexandros Insider Relation: Managing Director Transaction Date: 23-June-2010 Transaction Volume: 12.562 mln eur Notes: London, estimated price Amount of shares sold: 16,262,169 Average selling price: 0.77 eur Last Price vs. selling price: -0.04% 9) LANCASHIRE HLDGS Insider: Crestview Partners, LP Insider Relation: Private Equity Firm Transaction Date: 9 - 17-June-2010 Transaction Volume: 11.225 mln eur Notes: London Amount of shares sold: 1,907,323 Average selling price: 5.89 eur Last Price vs. selling price: +2.64% 10) RIGHTMOVE PLC Insider: Williams, Edmund Insider Relation: Managing Director (CEO) Transaction Date: 18-June-2010 Transaction Volume: 9.516 mln eur Notes: London Amount of shares sold: 1,136,068 Average selling price: 8.38 eur Last Price vs. selling price: -3.92% 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 28, 2010 03:20 ET (07:20 GMT)