Insider Trading Alert - Staples And 4 Others Traded By Insiders

Yesterday, July 3, 2013, 489 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $0.00 to $202,421,072.70.

Highlighted Stocks Traded by Insiders:

Staples (SPLS) - FREE Research Report

Bacica Stephen J. who is SVP, Corporate Controller at STAPLES INC bought 15,337 shares on July 1, 2013. Following this transaction, the SVP, Corporate Controller owned 25,026 shares meaning that the stake was boosted by 158.29% with the 15,337 share acquisition.

Doody Joseph who is President, NA Commercial at STAPLES INC sold 12,149 shares at $16.04 per share for a total value of $194,869.96 on July 1, 2013. Following this transaction, the President, NA Commercial owned 781,253 shares meaning that the stake was reduced by 1.53% with the 12,149 share sell-off.

Komola Christine T who is Chief Financial Officer at STAPLES INC bought 23,721 shares at $6.42 per share for a total value of $30,299.56 on July 1, 2013. Following this transaction, the Chief Financial Officer owned 158,089 shares meaning that the stake was boosted by 16.25% with the 23,721 share acquisition.

Parneros Demos who is President, NA Stores & Online at STAPLES INC sold 204,258 shares at $10.16 per share for a total value of $2,358,095.04 on June 28, 2013. Following this transaction, the President, NA Stores & Online owned 1.0 million shares meaning that the stake was reduced by 19.25% with the 204,258 share sell-off.

Sargent Ronald who is Chairman and CEO at STAPLES INC bought 1.0 million shares at $3.56 per share for a total value of $986,620.40 on July 1, 2013. Following this transaction, the Chairman and CEO owned 3.7 million shares meaning that the stake was boosted by 36.19% with the 1.0 million share acquisition.

The shares most recently traded at $15.90, down $0.40, or 2.45% since the insider transactions. Historical insider transactions for Staples go as follows:

  • 4-Week # shares bought: 10,000
  • 4-Week # shares sold: 40,000
  • 12-Week # shares bought: 10,000
  • 12-Week # shares sold: 84,325
  • 24-Week # shares bought: 10,000
  • 24-Week # shares sold: 84,325

The average volume for Staples has been 8.8 million shares per day over the past 30 days. Staples has a market cap of $10.6 billion and is part of the services sector and specialty retail industry. Shares are up 42.98% year to date as of the close of trading on Tuesday.

Staples, Inc., together with its subsidiaries, operates as an office products company. It operates in three segments: North American Stores & Online, North American Commercial, and International Operations. The stock currently has a dividend yield of 2.99%. Currently there are 6 analysts that rate Staples a buy, 1 analyst rates it a sell, and 8 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on SPLS - FREE

TheStreet Quant Ratings rates Staples as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Staples Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you liked this article you might like

'Cloud Wars' Intensify; Staples Shows Some Staying Power -- ICYMI Friday

Brick-and-Mortar Stores Like Staples Reign Supreme for Back-to-School Supplies

In Retailers' Gang War, This Is Why I Am Rooting for Walmart: Market Recon