Insider Trading Alert - SunPower Corporation 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. 19, 2013, 81 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $698.00 to $197,170,890.00.

Highlighted Stocks Traded by Insiders:

SunPower Corporation (SPWR) - FREE Research Report

Branderiz Eric who is SVP & Prin Acct Off at SunPower Corporation sold 2,080 shares at $24.34 on Sept. 19, 2013. Following this transaction, the SVP & Prin Acct Off owned 0 shares meaning that the stake was reduced by 100% with the 2,080 share transaction.

The shares most recently traded at $24.95, up $0.61, or 2.44% since the insider transaction. Historical insider transactions for SunPower Corporation go as follows:

  • 4-Week # shares sold: 12,162
  • 12-Week # shares sold: 119,866
  • 24-Week # shares sold: 300,607

The average volume for SunPower Corporation has been 3.8 million shares per day over the past 30 days. SunPower Corporation has a market cap of $2.9 billion and is part of the technology sector and electronics industry. Shares are up 331.85% year to date as of the close of trading on Thursday.

SunPower Corporation, an integrated solar products and solutions company, designs, manufactures, and delivers solar electric systems for residential, commercial, and utility-scale power plant customers worldwide. Currently there are 4 analysts that rate SunPower Corporation a buy, 1 analyst rates it a sell, and 5 rate it a hold.

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

TheStreet Quant Ratings rates SunPower Corporation as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, poor profit margins and generally higher debt management risk. Get the full SunPower Corporation Ratings Report from TheStreet Quant Ratings now.

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