Insider Trading Alert - Raytheon Company And 4 Others Traded By Insiders

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Yesterday, Sept. 5, 2013, 166 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $1.00 to $287,182,000.00.

Highlighted Stocks Traded by Insiders:

Raytheon Company (RTN) - FREE Research Report

Goglia Richard A who is Vice President, Treasurer at Raytheon Company sold 5,175 shares at $76.44 on Sept. 5, 2013. Following this transaction, the Vice President, Treasurer owned 24,260 shares meaning that the stake was reduced by 17.58% with the 5,175 share transaction.

Lawrence Taylor W who is Vice President at Raytheon Company sold 10,000 shares at $75.86 on Sept. 5, 2013. Following this transaction, the Vice President owned 71,768 shares meaning that the stake was reduced by 12.23% with the 10,000 share transaction.

The shares most recently traded at $75.30, down $0.56, or 0.74% since the insider transaction. Historical insider transactions for Raytheon Company go as follows:

  • 12-Week # shares sold: 82,234
  • 24-Week # shares sold: 118,245

The average volume for Raytheon Company has been 2.0 million shares per day over the past 30 days. Raytheon Company has a market cap of $24.5 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 31.69% year to date as of the close of trading on Thursday.

Raytheon Company designs, develops, manufactures, integrates, and supports technological products, services, and solutions for governmental and commercial customers in the United States and internationally. The stock currently has a dividend yield of 2.89%. The company has a P/E ratio of 12.9. Currently there are 3 analysts that rate Raytheon Company a buy, no analysts rate it a sell, and 11 rate it a hold.

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

TheStreet Quant Ratings rates Raytheon Company as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Raytheon Company 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

Here's What Stocks You Want to Own in the Event of a War With North Korea

Defense Stocks Take Off as North Korea Tensions Rise

Tax Reform Is Coming and That Means Trump Stock Rally Is Ready to Kill It Again

'Trump Stock' Rally Is Back on Track

Jim Cramer Likes These Two Defense Stocks