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

5th Jul 2010 07:55

inside-analytics.com / Roundup for the largest European Directors' Dealings for the reporting week from 27-June to 4-July-2010 Top 10 Largest Directors' Purchases: 1) ASSICURAZIONI GENERALI SPA Insider: Mantegna 87 Insider Relation: Legal Person Transaction Date: 24-June-2010 Transaction Volume: 13.492 mln eur Notes: private transaction, Italian regulated market Amount of shares bought: 900,000 Average buying price: 14.99 eur Last Price vs. buying price: -4.67% 2) OBRASCON HUARTE LAIN SA Insider: INMOBILIARIA ESPACIO, S.A. Insider Relation: Majority shareholder Transaction Date: 7 - 24-June-2010 Transaction Volume: 6.727 mln eur Notes: Bolsa de Madrid Amount of shares bought: 348,534 Average buying price: 19.30 eur Last Price vs. buying price: -6.89% 3) BANCA MONTE DEI PASCHI SIENA Insider: Caltagirone, Francesco Gaetano Insider Relation: Vice-Chairman Transaction Date: 25-June-2010 Transaction Volume: 5.807 mln eur Notes: Italian regulated market Amount of shares bought: 6,000,000 Average buying price: 0.97 eur Last Price vs. buying price: -6.50% 4) ES-SYSTEMS SA Insider: TONTELECON HOLDINGS LIMITED Insider Relation: Legal Person Transaction Date: 14-June-2010 Transaction Volume: 3.545 mln eur Notes: private transaction Amount of shares bought: 3,046,902 Average buying price: 1.16 eur Last Price vs. buying price: -10.76% 5) BUZZI UNICEM SPA Insider: FIMEDI S.p.A. Insider Relation: Beneficial Owner Transaction Date: 1 - 8-June-2010 Transaction Volume: 3.065 mln eur Notes: Italian regulated market Amount of shares bought: 364,500 Average buying price: 8.41 eur Last Price vs. buying price: -4.68% 6) MENNICA POLSKA SA Insider: Jakubas, Zbigniew Insider Relation: Chairman Transaction Date: 1-July-2010 Transaction Volume: 3.053 mln eur Notes: private transaction Amount of shares bought: 97,000 Average buying price: 31.48 eur Last Price vs. buying price: -1.27% 7) ASSICURAZIONI GENERALI SPA Insider: CALTAGIRONE EDITORE SPA Insider Relation: Public Company Transaction Date: 24-June-2010 Transaction Volume: 2.994 mln eur Notes: private transaction, Italian regulated market Amount of shares bought: 200,000 Average buying price: 14.97 eur Last Price vs. buying price: -4.54% 8) ARCHIPELAGO RESOURCES PLC Insider: Rajawali Group Insider Relation: Majority shareholder Transaction Date: 2-July-2010 Transaction Volume: 2.884 mln eur Notes: private transaction, OTC Amount of shares bought: 5,200,100 Average buying price: 0.55 eur Last Price vs. buying price: -7.60% 9) ODFJELL SE Insider: ODFJELL SE Insider Relation: Issuer Transaction Date: 30-June-2010 Transaction Volume: 2.527 mln eur Notes: Oslo Amount of shares bought: 500,000 Average buying price: 5.05 eur Last Price vs. buying price: -3.68% 10) TATE & LYLE PLC Insider: Ahmed, Javed Insider Relation: CEO Transaction Date: 1-July-2010 Transaction Volume: 2.259 mln eur Notes: London Amount of shares bought: 400,000 Average buying price: 5.65 eur Last Price vs. buying price: +0.91% Top 10 Largest Directors' Sells: 1) PETMIN LTD Insider: Martin, Alwyn Insider Relation: Non-Executive Director Transaction Date: 30-June-2010 Transaction Volume: 21.919 mln eur Notes: OTC, is indirect Amount of shares sold: 74,353,030 Average selling price: 0.29 eur Last Price vs. selling price: -8.28% 2) EXILLON ENERGY PLC Insider: Arip, Maksat Insider Relation: Chairman Transaction Date: 25-June-2010 Transaction Volume: 20.146 mln eur Notes: private transaction, London Amount of shares sold: 9,740,953 Average selling price: 2.07 eur Last Price vs. selling price: +9.61% 3) ASSICURAZIONI GENERALI SPA Insider: CALTAGIRONE SPA Insider Relation: Public Company Transaction Date: 24-June-2010 Transaction Volume: 16.477 mln eur Notes: private transaction, Italian regulated market Amount of shares sold: 1,100,000 Average selling price: 14.98 eur Last Price vs. selling price: -4.60% 4) FAIVELEY TRANSPORT Insider: FRANCOIS FAIVELEY PARTICIPATIONS Insider Relation: Family Holding Transaction Date: 30-September-2009 - 23-April-2010 Transaction Volume: 15.002 mln eur Notes: Paris Amount of shares sold: 250,000 Average selling price: 60.01 eur Last Price vs. selling price: -10.01% 5) GLOBAL IP SOLUTION Insider: KISTEFOS VENTURE CAPITAL II DA Insider Relation: Legal Person Transaction Date: 28-June-2010 Transaction Volume: 10.527 mln eur Notes: Merger, Sweden, estimated price Amount of shares sold: 6,456,282 Average selling price: 1.63 eur Last Price vs. selling price: -1.10% 6) GLOBAL IP SOLUTION Insider: Kistefos Venture Capital AS Insider Relation: Beneficial Owner Transaction Date: 28-June-2010 Transaction Volume: 9.411 mln eur Notes: Merger, Sweden, estimated price Amount of shares sold: 5,771,540 Average selling price: 1.63 eur Last Price vs. selling price: -1.10% 7) MVELAPHANDA GROUP LTD Insider: Xayiya, Msmm Insider Relation: Executive Chairman Transaction Date: 29-June-2010 Transaction Volume: 5.666 mln eur Notes: JSE, estimated price Amount of shares sold: 7,000,000 Average selling price: 0.81 eur Last Price vs. selling price: +2.53% 8) LANCASHIRE HLDGS Insider: Crestview Partners, LP Insider Relation: Private Equity Firm Transaction Date: 18 - 25-June-2010 Transaction Volume: 5.657 mln eur Notes: London Amount of shares sold: 942,678 Average selling price: 6.00 eur Last Price vs. selling price: +0.46% 9) CONSTANTIA PACKAGING AG Insider: De Castelbajac, Christine Insider Relation: Non-Executive Director Transaction Date: 24-June-2010 Transaction Volume: 4.582 mln eur Notes: private transaction, Vienna Amount of shares sold: 118,500 Average selling price: 38.67 eur Last Price vs. selling price: +11.20% 10) ROBERT WISEMAN DAIRIES PLC Insider: Wiseman, Alan W Insider Relation: Chairman Transaction Date: 1-July-2010 Transaction Volume: 3.672 mln eur Notes: tax related, London Amount of shares sold: 615,000 Average selling price: 5.97 eur Last Price vs. selling price: -0.24% 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 05, 2010 02:55 ET (06:55 GMT)