Insider Trading Alert - Forum Energy Technologies 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:

Forum Energy Technologies (FET) - FREE Research Report

Waite Andrew L who is Director at Forum Energy Technologies sold 134,440 shares at $26.50 on Sept. 5, 2013. Following this transaction, the Director owned 42.7 million shares meaning that the stake was reduced by 0.31% with the 134,440 share transaction.

Simmons L E who is 10% Owner at Forum Energy Technologies sold 134,440 shares at $26.50 on Sept. 5, 2013. Following this transaction, the 10% Owner owned 2.3 million shares meaning that the stake was reduced by 5.49% with the 134,440 share transaction.

Baldwin David C who is Director at Forum Energy Technologies sold 134,440 shares at $26.50 on Sept. 5, 2013. Following this transaction, the Director owned 42.7 million shares meaning that the stake was reduced by 0.31% with the 134,440 share transaction.

The shares most recently traded at $26.54, up $0.04, or 0.14% since the insider transaction. Historical insider transactions for Forum Energy Technologies go as follows:

  • 12-Week # shares sold: 31,450
  • 24-Week # shares sold: 41,450

The average volume for Forum Energy Technologies has been 466,800 shares per day over the past 30 days. Forum Energy Technologies has a market cap of $2.4 billion and is part of the basic materials sector and energy industry. Shares are up 6.67% year to date as of the close of trading on Thursday.

Forum Energy Technologies, Inc. provides manufactured technologies and applied products to the energy industry. The company has a P/E ratio of 19.7. Currently there are 6 analysts that rate Forum Energy Technologies a buy, 1 analyst rates it a sell, and 3 rate it a hold.

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

TheStreet Quant Ratings rates Forum Energy Technologies as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and notable return on equity. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share and unimpressive growth in net income. Get the full Forum Energy Technologies 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.

BroadSoft (BSFT) - FREE Research Report

ILL Charles L who is Director at BroadSoft bought 500 shares at $32.67 on Sept. 5, 2013. Following this transaction, the Director owned 9,390 shares meaning that the stake was reduced by 5.62% with the 500 share transaction.

The shares most recently traded at $34.17, up $1.50, or 4.39% since the insider transaction. Historical insider transactions for BroadSoft go as follows:

  • 12-Week # shares bought: 1,000
  • 12-Week # shares sold: 8,593
  • 24-Week # shares bought: 2,000
  • 24-Week # shares sold: 11,554

The average volume for BroadSoft has been 346,400 shares per day over the past 30 days. BroadSoft has a market cap of $951.2 million and is part of the technology sector and computer software & services industry. Shares are down 6.88% year to date as of the close of trading on Thursday.

BroadSoft, Inc. provides software and services that enable mobile, fixed-line, and cable service providers to deliver hosted or cloud-based unified communications and other voice and multimedia services over Internet protocol (IP) based networks. The company has a P/E ratio of 338.3. Currently there are 4 analysts that rate BroadSoft a buy, no analysts rate it a sell, and 7 rate it a hold.

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

TheStreet Quant Ratings rates BroadSoft as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full BroadSoft 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.

Geo Group (GEO) - FREE Research Report

Glanton Richard H who is Director at Geo Group sold 864 shares at $30.89 on Sept. 5, 2013. Following this transaction, the Director owned 1,451 shares meaning that the stake was reduced by 37.32% with the 864 share transaction.

Evans Brian who is SVP, Chief Financial Officer at Geo Group sold 724 shares at $30.96 on Sept. 5, 2013. Following this transaction, the SVP, Chief Financial Officer owned 10,147 shares meaning that the stake was reduced by 6.66% with the 724 share transaction.

Wierdsma Thomas M who is SVP - Project Development at Geo Group sold 724 shares at $30.89 on Sept. 5, 2013. Following this transaction, the SVP - Project Development owned 30,008 shares meaning that the stake was reduced by 2.36% with the 724 share transaction.

The shares most recently traded at $31.39, up $0.50, or 1.59% since the insider transaction. Historical insider transactions for Geo Group go as follows:

  • 4-Week # shares sold: 29,886
  • 12-Week # shares sold: 29,886
  • 24-Week # shares sold: 29,886

The average volume for Geo Group has been 551,200 shares per day over the past 30 days. Geo Group has a market cap of $2.2 billion and is part of the services sector and diversified services industry. Shares are up 10.32% year to date as of the close of trading on Thursday.

The GEO Group, Inc. provides government-outsourced services specializing in the management of correctional, detention, and re-entry facilities, and the provision of community based services and youth services in the United States, Australia, South Africa, the United Kingdom, and Canada. The stock currently has a dividend yield of 6.59%. The company has a P/E ratio of 11.6. Currently there are 5 analysts that rate Geo Group a buy, no analysts rate it a sell, and 1 rates it a hold.

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

TheStreet Quant Ratings rates Geo Group as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, notable return on equity, reasonable valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Geo Group 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.

Duke Energy Corporation (DUK) - FREE Research Report

Good Lynn J who is President & CEO at Duke Energy Corporation sold 500 shares at $65.94 on Sept. 5, 2013. Following this transaction, the President & CEO owned 65,057 shares meaning that the stake was reduced by 0.76% with the 500 share transaction.

Yates Lloyd M who is Executive VP, Reg Utilities at Duke Energy Corporation sold 300 shares at $65.94 on Sept. 5, 2013. Following this transaction, the Executive VP, Reg Utilities owned 44,595 shares meaning that the stake was reduced by 0.67% with the 300 share transaction.

The shares most recently traded at $65.51, down $0.43, or 0.66% since the insider transaction. Historical insider transactions for Duke Energy Corporation go as follows:

  • 4-Week # shares bought: 5,900
  • 4-Week # shares sold: 8,689
  • 12-Week # shares bought: 5,900
  • 12-Week # shares sold: 9,689
  • 24-Week # shares bought: 5,900
  • 24-Week # shares sold: 69,629

The average volume for Duke Energy Corporation has been 2.9 million shares per day over the past 30 days. Duke Energy Corporation has a market cap of $45.7 billion and is part of the utilities sector and utilities industry. Shares are up 1.57% year to date as of the close of trading on Thursday.

Duke Energy Corporation operates as an energy company in the United States and Latin America. The company operates in three segments: U.S. Franchised Electric and Gas, Commercial Power, and International Energy. The U.S. The stock currently has a dividend yield of 4.82%. The company has a P/E ratio of 23.2. Currently there are 6 analysts that rate Duke Energy Corporation a buy, 1 analyst rates it a sell, and 9 rate it a hold.

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

TheStreet Quant Ratings rates Duke Energy Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Duke Energy Corporation 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.

Palo Alto Networks (PANW) - FREE Research Report

Zuk Nir who is Cto at Palo Alto Networks sold 20,000 shares at $46.72 on Sept. 5, 2013. Following this transaction, the Cto owned 3.1 million shares meaning that the stake was reduced by 0.65% with the 20,000 share transaction.

The shares most recently traded at $45.52, down $1.20, or 2.63% since the insider transaction.

The average volume for Palo Alto Networks has been 780,100 shares per day over the past 30 days. Palo Alto Networks has a market cap of $3.3 billion and is part of the technology sector and computer hardware industry. Shares are down 14.91% year to date as of the close of trading on Thursday.

Palo Alto Networks, Inc. operates a platform that allows enterprises, service providers, and government entities to secure their networks and safely enable various applications running on their networks. Currently there are 10 analysts that rate Palo Alto Networks a buy, no analysts rate it a sell, and 11 rate it a hold.

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

TheStreet Quant Ratings rates Palo Alto Networks as a sell. Among the areas we feel are negative, one of the most important has been generally deteriorating net income. Get the full Palo Alto Networks 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.

Data for this article provided by Zacks Investment Research

null

More from Markets

U.S. Drillers at Mercy of Iran, Saudi Production Spat as OPEC Meeting Begins

U.S. Drillers at Mercy of Iran, Saudi Production Spat as OPEC Meeting Begins

U.S. Banks Pass Fed 'Stress Test' With Room for Dividends, Buybacks

U.S. Banks Pass Fed 'Stress Test' With Room for Dividends, Buybacks

Comcast's Brian Roberts vs. Disney's Bob Iger: Which Titan Will Nab Fox?

Comcast's Brian Roberts vs. Disney's Bob Iger: Which Titan Will Nab Fox?

Online Retailers Hit by Supreme Court Ruling Requiring Sales Tax Collection

Online Retailers Hit by Supreme Court Ruling Requiring Sales Tax Collection

Dow Logs Eighth Straight Drop as Stocks Slump

Dow Logs Eighth Straight Drop as Stocks Slump