Insider Trading Alert - BorgWarner 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. 9, 2013, 121 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $226.97 to $156,248,500.00.

Highlighted Stocks Traded by Insiders:

BorgWarner (BWA) - FREE Research Report

Michas Alexis P who is Director at BorgWarner sold 10,000 shares at $100.01 on Sept. 9, 2013. Following this transaction, the Director owned 71,096 shares meaning that the stake was reduced by 12.33% with the 10,000 share transaction.

The shares most recently traded at $99.72, down $0.29, or 0.29% since the insider transaction. Historical insider transactions for BorgWarner go as follows:

  • 12-Week # shares sold: 2,000
  • 24-Week # shares sold: 12,000

The average volume for BorgWarner has been 813,700 shares per day over the past 30 days. BorgWarner has a market cap of $11.2 billion and is part of the consumer goods sector and automotive industry. Shares are up 37.5% year to date as of the close of trading on Monday.

BorgWarner Inc. manufactures and sells engineered automotive systems and components primarily for powertrain applications worldwide. The stock currently has a dividend yield of 1.02%. The company has a P/E ratio of 21.2. Currently there are 9 analysts that rate BorgWarner a buy, no analysts rate it a sell, and 6 rate it a hold.

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

TheStreet Quant Ratings rates BorgWarner as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full BorgWarner 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

Irma and Harvey Busted Algos; Probably Done Deals Under Trump: Best of Cramer

Cramer: Irma and Harvey Busted the Algos

Auto Parts Stocks Need Repair Following Weak Showing From U.S. Automakers

Energy Stocks Downgraded as Oil Enters Bear Market

Analysts' Actions -- Autodesk, Estee Lauder, Newell Brands, Western Digital and More