Daily Stock Setups

Form 4 Oracle: Boston, MA -- Form4Oracle: Insider Trading Report: Methode Electronics Inc (MEI)

Posted on: Thu, 19 Mar 2009 06:35:00 EDT

Symbols: MEI

Are you looking to increase your ETF knowledge?

Mar 19, 2009 (M2 PRESSWIRE via COMTEX) --
MEI | Quote | Chart | News | PowerRating -- Several insiders at Methode Electronics Inc (MEI) have reported buying more than $235.69K today as the stock was trading at less than 50 percent of its 52-week high. Notable purchases include:

- Koman Douglas A, Chief Financial Officer: reported buying $5.80K

- Hornung Christopher J, Director: reported buying $228.75K

- Shelton Paul G, Director: reported buying $1.14K

Over the last four weeks insiders at Methode Electronics Inc (MEI) have bought more than $354.66K:

- Aspatore Walter J, Director: bought $12.72K increasing total holdings by 80%

- Batts Warren L, Director: bought $60.20K increasing total holdings by 69%

- Duda Donald W, Chief Executive Officer: bought $46.05K increasing total holdings by 3%

- Koman Douglas A, Chief Financial Officer: bought $5.80K increasing total holdings by 2%

- Hornung Christopher J, Director: bought $228.75K increasing total holdings by 209%

- Shelton Paul G, Director: bought $1.14K increasing total holdings by 2%

For a current, real-time summary of MEI insider activity, visit http://www.form4oracle.com/company?cik=0000065270&ticker=MEI

About Form4Oracle

Form4Oracle, LLC specializes in distributing insider trading information published by the SEC, making it accessible and actionable for all types of investors. To learn more about how tracking insider trading activity can improve your investment returns, visit http://www.form4oracle.com.

About Methode Electronics Inc

Methode Electronics, Inc. manufactures component devices worldwide. The company??s products utilize electronic and optical technologies to control and convey signals through sensors, interconnections, and controls. It operates in four segments: Automotive, Interconnect, Power Distribution, and Other. The Automotive segment supplies electronic and electromechanical devices and related products to automobile original equipment manufacturers directly or through their Tier 1 suppliers, including control switches for electrical power and signals, connectors for electrical devices, integrated control components, switches, and sensors that monitor the operation or status of a component or system, and packaging of electrical components. The Interconnect segment provides various copper and fiber optic interconnect solutions for the computer, telecommunications, medical, and aerospace industries. Its products include wire-to-board solutions, board-to-board solutions, memory cards, wireless assemblies, cable assemblies, terminal blocks and strips, power cordsets, inlet/outlet connectors, and conductive polymer and thick film inks. The Power Distribution segment manufactures current-carrying bus devices and cabling systems that are used in various markets and applications, including telecommunications, computers, transportation, industrial and power conversion, insulated gate bipolar transistor solutions, aerospace, and military. The Other segment designs and manufactures products for sensing torque without contact. It also provides services for qualification testing, failure analysis, and certification of electronic and optical components through its laboratories. The company was founded in 1946 and is headquartered in Chicago, Illinois.

--------------------------------------------

The companies referenced in this report have not approved the statements made in this report. This report contains statements that imply risks and uncertainties. This material is for informational reporting purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Form4Oracle is not a licensed broker, broker dealer, market maker, investment banker, investment adviser, analyst or underwriter and is not compensated in this regard.

Please consult your broker to understand investing benefits and risks and prior to purchasing any securities mentioned herein.

CONTACT: Kimberly Sutton, Form4Oracle
Tel: +1 312 315 5077
e-mail: kimberly@form4oracle.com
WWW: http://www.form4oracle.com

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

For full details on Methode Electronics Cl A (MEI) MEI. Methode Electronics Cl A (MEI) has Short Term PowerRatings at TradingMarkets. Details on Methode Electronics Cl A (MEI) Short Term PowerRatings is available at This Link.

More News: Market Updates | Stock Alerts | All Trading News

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.