Insider Trading Alert - Rowan Companies 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. 10, 2013, 135 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $49.60 to $313,828,000.00.

Highlighted Stocks Traded by Insiders:

Rowan Companies (RDC) - FREE Research Report

Trent Melanie Montague who is SVP, CAO & Company Secretary at Rowan Companies sold 7,000 shares at $37.90 on Sept. 10, 2013. Following this transaction, the SVP, CAO & Company Secretary owned 23,589 shares meaning that the stake was reduced by 22.88% with the 7,000 share transaction.

The shares most recently traded at $38.05, up $0.15, or 0.39% since the insider transaction.

The average volume for Rowan Companies has been 1.0 million shares per day over the past 30 days. Rowan Companies has a market cap of $4.7 billion and is part of the basic materials sector and energy industry. Shares are up 21.94% year to date as of the close of trading on Tuesday.

Rowan Companies plc provides offshore oil and gas contract drilling services. The company primarily focuses on high-specification and premium jack-up rigs for exploratory and development drilling, and well workover operations. The stock currently has a dividend yield of 3.34%. The company has a P/E ratio of 19.1. Currently there are 10 analysts that rate Rowan Companies a buy, no analysts rate it a sell, and 11 rate it a hold.

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

TheStreet Quant Ratings rates Rowan Companies 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, impressive record of earnings per share growth, increase in net income and expanding profit margins. 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 Rowan Companies 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.

Bally Technologies (BYI) - FREE Research Report

Guido Robert L who is Director at Bally Technologies sold 11,993 shares at $72.92 on Sept. 10, 2013. Following this transaction, the Director owned 5,511 shares meaning that the stake was reduced by 68.52% with the 11,993 share transaction.

The shares most recently traded at $74.07, up $1.15, or 1.56% since the insider transaction. Historical insider transactions for Bally Technologies go as follows:

  • 4-Week # shares sold: 13,916
  • 12-Week # shares sold: 27,237
  • 24-Week # shares sold: 133,119

The average volume for Bally Technologies has been 510,800 shares per day over the past 30 days. Bally Technologies has a market cap of $2.8 billion and is part of the services sector and leisure industry. Shares are up 65.67% year to date as of the close of trading on Tuesday.

Bally Technologies, Inc., a gaming company, engages in the design, manufacture, operation, and distribution of technology-based gaming devices, systems, server-based solutions, custom mobile applications, and interactive applications. The company has a P/E ratio of 21.2. Currently there are 9 analysts that rate Bally Technologies a buy, no analysts rate it a sell, and 2 rate it a hold.

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

TheStreet Quant Ratings rates Bally Technologies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, 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 generally high debt management risk by most measures that we evaluated. Get the full Bally 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.

Williams Companies (WMB) - FREE Research Report

Smith Murray D who is Director at Williams Companies bought 3,000 shares at $35.59 on Sept. 10, 2013. Following this transaction, the Director owned 8,867 shares meaning that the stake was reduced by 51.13% with the 3,000 share transaction.

The shares most recently traded at $35.50, down $0.09, or 0.25% since the insider transaction. Historical insider transactions for Williams Companies go as follows:

  • 4-Week # shares sold: 4,000
  • 12-Week # shares sold: 4,000
  • 24-Week # shares sold: 10,355

The average volume for Williams Companies has been 6.1 million shares per day over the past 30 days. Williams Companies has a market cap of $24.3 billion and is part of the basic materials sector and energy industry. Shares are up 10.54% year to date as of the close of trading on Tuesday.

The Williams Companies, Inc. operates as an energy infrastructure company. The stock currently has a dividend yield of 4.12%. The company has a P/E ratio of 38.7. Currently there are 9 analysts that rate Williams Companies a buy, no analysts rate it a sell, and 2 rate it a hold.

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

TheStreet Quant Ratings rates Williams Companies as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, expanding profit margins, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Williams Companies 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.

Aspen Technology (AZPN) - FREE Research Report

Kotzabasakis Manolis E who is EVP, Products at Aspen Technology sold 9,100 shares at $35.05 on Sept. 10, 2013. Following this transaction, the EVP, Products owned 117,971 shares meaning that the stake was reduced by 7.16% with the 9,100 share transaction.

The shares most recently traded at $35.07, up $0.02, or 0.04% since the insider transaction. Historical insider transactions for Aspen Technology go as follows:

  • 4-Week # shares sold: 44,842
  • 12-Week # shares sold: 44,842
  • 24-Week # shares sold: 44,842

The average volume for Aspen Technology has been 491,700 shares per day over the past 30 days. Aspen Technology has a market cap of $3.2 billion and is part of the technology sector and computer software & services industry. Shares are up 25.22% year to date as of the close of trading on Tuesday.

Aspen Technology, Inc. provides process optimization software solutions to manage and optimize plant and process design, operational performance, and supply chain planning internationally. The company has a P/E ratio of 73.6. Currently there are 4 analysts that rate Aspen Technology a buy, no analysts rate it a sell, and none rate it a hold.

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

TheStreet Quant Ratings rates Aspen Technology 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, notable return on equity, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Aspen Technology 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.

Guidewire Software (GWRE) - FREE Research Report

Weatherford Clifton Thomas who is Director at Guidewire Software sold 5,000 shares at $47.09 on Sept. 10, 2013. Following this transaction, the Director owned 57,584 shares meaning that the stake was reduced by 7.99% with the 5,000 share transaction.

Conway Craig who is Director at Guidewire Software sold 12,000 shares at $44.04 on Sept. 10, 2013. Following this transaction, the Director owned 237,834 shares meaning that the stake was reduced by 4.8% with the 12,000 share transaction.

The shares most recently traded at $47.27, up $3.23, or 6.84% since the insider transaction. Historical insider transactions for Guidewire Software go as follows:

  • 4-Week # shares sold: 50,000
  • 12-Week # shares sold: 243,000
  • 24-Week # shares sold: 847,407

The average volume for Guidewire Software has been 466,100 shares per day over the past 30 days. Guidewire Software has a market cap of $2.7 billion and is part of the technology sector and computer software & services industry. Shares are up 58.61% year to date as of the close of trading on Tuesday.

Guidewire Software, Inc. provides system software to the property and casualty (P&C) insurance industry primarily in the United States, Canada, and Australia. The company has a P/E ratio of 76.6. Currently there are 3 analysts that rate Guidewire Software a buy, no analysts rate it a sell, and 1 rates it a hold.

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

TheStreet Quant Ratings rates Guidewire Software as a hold. 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 and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, premium valuation and feeble growth in the company's earnings per share. Get the full Guidewire Software 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

Global Stocks Rise on Tech Resurgence; Dollar Past 3-Month High Ahead of Q1 GDP

Global Stocks Rise on Tech Resurgence; Dollar Past 3-Month High Ahead of Q1 GDP

AMD Rises Above the Competition; Loan Losses Mount for Big Banks -- ICYMI

AMD Rises Above the Competition; Loan Losses Mount for Big Banks -- ICYMI

McKesson Internal Review Clears Senior Management of Wrongdoing on Opioids

McKesson Internal Review Clears Senior Management of Wrongdoing on Opioids

Starbucks Surprises Wall Street With U.S. Sales Up a Paltry 2%

Starbucks Surprises Wall Street With U.S. Sales Up a Paltry 2%

Dow Jumps 238 Points as S&P 500, Nasdaq Also Climb

Dow Jumps 238 Points as S&P 500, Nasdaq Also Climb