Disclosed insider trades lead the stocks to watch going into the next session, with selling filings at Qualcomm and Penumbra drawing attention on Friday. Insider filings are public disclosures of what executives and directors did with their own shares; they are reported here as news, not as a recommendation.
Qualcomm shares traded down about 3.5 per cent in midday trading on Friday after the company disclosed that executive vice president Ann Chaplin sold 1,827 shares on October 16 at an average price of $174.75, for a total of about $319,268. The sale, made under a pre-arranged Rule 10b5-1 trading plan and disclosed in an SEC filing, left Chaplin directly holding 25,770 shares.
At medical-device maker Penumbra, president Shruthi Narayan sold 1,367 shares on October 15 at $321.20 a share, close to the stock's 52-week high of $362.41, and retained 31,283 shares. The sale continues a pattern of modest, frequent insider transactions at the company that market trackers have been following through the autumn.
Separately, MarketBeat's value screener flagged Invesco QQQ, Micron Technology and SpaceX among the value names with the highest recent dollar trading volume. OTMedia reports disclosed trades and analyst screens only — nothing here is a tip or advice to trade.
