Insider Trading Alert - Multimedia Games 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.

Friday, Sept. 6, 2013, 132 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $13.05 to $156,271,000.00.

Highlighted Stocks Traded by Insiders:

Multimedia Games (MGAM) - FREE Research Report

Maples Michael J who is Director at Multimedia Games sold 3,125 shares at $37.98 on Sept. 6, 2013. Following this transaction, the Director owned 25,625 shares meaning that the stake was reduced by 10.87% with the 3,125 share transaction.

Repass Robert D who is Director at Multimedia Games sold 19,200 shares at $37.91 on Sept. 6, 2013. Following this transaction, the Director owned 29,180 shares meaning that the stake was reduced by 39.69% with the 19,200 share transaction.

The shares most recently traded at $36.79, down $1.12, or 3.06% since the insider transaction.

The average volume for Multimedia Games has been 297,800 shares per day over the past 30 days. Multimedia Games has a market cap of $1.1 billion and is part of the services sector and leisure industry. Shares are up 155.81% year to date as of the close of trading on Friday.

Multimedia Games Holding Company, Inc., together with its subsidiaries, engages in the design, manufacture, distribution, and maintenance of gaming machines, video lottery terminals, and associated systems and equipment. The company has a P/E ratio of 35.2. Currently there are 4 analysts that rate Multimedia Games a buy, no analysts rate it a sell, and none rate it a hold.

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

TheStreet Quant Ratings rates Multimedia Games as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Multimedia Games 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.

LPL Financial Holdings (LPLA) - FREE Research Report

TPG Group Holdings (SBS) Advisors, Inc. who is 10% Owner at LPL Financial Holdings sold 260,237 shares at $37.33 on Sept. 6, 2013. Following this transaction, the 10% Owner owned 17.3 million shares meaning that the stake was reduced by 1.48% with the 260,237 share transaction.

The shares most recently traded at $37.63, up $0.30, or 0.8% since the insider transaction. Historical insider transactions for LPL Financial Holdings go as follows:

  • 24-Week # shares sold: 85,000

The average volume for LPL Financial Holdings has been 608,800 shares per day over the past 30 days. LPL Financial Holdings has a market cap of $4.0 billion and is part of the financial sector and financial services industry. Shares are up 33.17% year to date as of the close of trading on Friday.

LPL Financial Holdings Inc. provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at financial institutions in the United States. The stock currently has a dividend yield of 2.02%. The company has a P/E ratio of 23.8. Currently there are 2 analysts that rate LPL Financial Holdings a buy, 2 analysts rate it a sell, and 5 rate it a hold.

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

TheStreet Quant Ratings rates LPL Financial Holdings as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. Get the full LPL Financial Holdings 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

Tessler Michael who is President & CEO at BroadSoft sold 2,910 shares at $33.09 on Sept. 6, 2013. Following this transaction, the President & CEO owned 207,637 shares meaning that the stake was reduced by 1.38% with the 2,910 share transaction.

The shares most recently traded at $34.67, up $1.58, or 4.56% since the insider transaction. Historical insider transactions for BroadSoft go as follows:

  • 4-Week # shares bought: 500
  • 12-Week # shares bought: 1,500
  • 12-Week # shares sold: 8,593
  • 24-Week # shares bought: 2,500
  • 24-Week # shares sold: 11,554

The average volume for BroadSoft has been 344,000 shares per day over the past 30 days. BroadSoft has a market cap of $943.9 million and is part of the technology sector and computer software & services industry. Shares are down 7.6% year to date as of the close of trading on Friday.

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 335.7. 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.

Cognizant Technology Solutions Corporation (CTSH) - FREE Research Report

Schwartz Steven who is Sr VP, General Counsel & Secr. at Cognizant Technology Solutions Corporation sold 2,482 shares at $75.60 on Sept. 6, 2013. Following this transaction, the Sr VP, General Counsel & Secr. owned 24,495 shares meaning that the stake was reduced by 9.2% with the 2,482 share transaction.

The shares most recently traded at $78.21, up $2.61, or 3.34% since the insider transaction. Historical insider transactions for Cognizant Technology Solutions Corporation go as follows:

  • 4-Week # shares sold: 63,007
  • 12-Week # shares bought: 7,500
  • 12-Week # shares sold: 65,407
  • 24-Week # shares bought: 7,500
  • 24-Week # shares sold: 67,802

The average volume for Cognizant Technology Solutions Corporation has been 2.6 million shares per day over the past 30 days. Cognizant Technology Solutions Corporation has a market cap of $22.9 billion and is part of the technology sector and computer software & services industry. Shares are up 4.9% year to date as of the close of trading on Friday.

Cognizant Technology Solutions Corporation provides information technology (IT), consulting, and business process outsourcing services worldwide. The company operates through four segments: Financial Services; Healthcare; Manufacturing, Retail, and Logistics; and Other. The company has a P/E ratio of 20.3. Currently there are 15 analysts that rate Cognizant Technology Solutions Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

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

TheStreet Quant Ratings rates Cognizant Technology Solutions Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Cognizant Technology Solutions 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.

Hercules Offshore (HERO) - FREE Research Report

Riddle Kimberly A who is Vice President, HR at Hercules Offshore sold 4,000 shares at $7.44 on Sept. 6, 2013. Following this transaction, the Vice President, HR owned 57,299 shares meaning that the stake was reduced by 6.53% with the 4,000 share transaction.

The shares most recently traded at $7.75, up $0.31, or 3.99% since the insider transaction.

The average volume for Hercules Offshore has been 2.5 million shares per day over the past 30 days. Hercules Offshore has a market cap of $1.2 billion and is part of the basic materials sector and energy industry. Shares are up 26.09% year to date as of the close of trading on Friday.

Hercules Offshore, Inc., together with its subsidiaries, provides shallow-water drilling and marine services to the oil and natural gas exploration and production industry worldwide. The company has a P/E ratio of 76.3. Currently there are 8 analysts that rate Hercules Offshore a buy, 1 analyst rates it a sell, and 4 rate it a hold.

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

TheStreet Quant Ratings rates Hercules Offshore as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full Hercules Offshore 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

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