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. 20, 2013, 98 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $117.60 to $300,598,732.04. Highlighted Stocks Traded by Insiders: Franklin Resources (BEN) - FREE Research Report Yun William Young who is EVP-Alternative Strategies at Franklin Resources sold 6,000 shares at $53.08 on Sept. 20, 2013. Following this transaction, the EVP-Alternative Strategies owned 160,451 shares meaning that the stake was reduced by 3.6% with the 6,000 share transaction. The shares most recently traded at $51.54, down $1.54, or 2.99% since the insider transaction. Historical insider transactions for Franklin Resources go as follows:
- 4-Week # shares sold: 50,000
- 12-Week # shares sold: 50,000
- 24-Week # shares sold: 50,000
Ciena Corporation (CIEN) - FREE Research Report Dodd James Richard JR who is SVP, Global Marketing at Ciena Corporation sold 1,500 shares at $26.02 on Sept. 20, 2013. Following this transaction, the SVP, Global Marketing owned 92,203 shares meaning that the stake was reduced by 1.6% with the 1,500 share transaction. The shares most recently traded at $24.98, down $1.04, or 4.16% since the insider transaction. Historical insider transactions for Ciena Corporation go as follows:
- 4-Week # shares sold: 15,200
- 12-Week # shares sold: 63,100
- 24-Week # shares sold: 178,527
AECOM Technology Corporation (ACM) - FREE Research Report Newman Richard G who is Director at AECOM Technology Corporation sold 10,400 shares at $30.91 on Sept. 20, 2013. Following this transaction, the Director owned 227,597 shares meaning that the stake was reduced by 4.37% with the 10,400 share transaction. The shares most recently traded at $30.67, down $0.24, or 0.77% since the insider transaction. Historical insider transactions for AECOM Technology Corporation go as follows:
- 12-Week # shares bought: 1
- 12-Week # shares sold: 326,672
- 24-Week # shares bought: 1
- 24-Week # shares sold: 519,872
Douglas Emmett (DEI) - FREE Research Report Emmett Dan A who is Chairman of the Board at Douglas Emmett sold 140,000 shares at $23.96 on Sept. 20, 2013. Following this transaction, the Chairman of the Board owned 3.1 million shares meaning that the stake was reduced by 4.34% with the 140,000 share transaction. The shares most recently traded at $23.43, down $0.53, or 2.26% since the insider transaction. The average volume for Douglas Emmett has been 807,900 shares per day over the past 30 days. Douglas Emmett has a market cap of $3.4 billion and is part of the financial sector and real estate industry. Shares are up 2.49% year to date as of the close of trading on Friday. Douglas Emmett, Inc., a real estate investment trust, owns and operates office and multifamily properties in California and Hawaii. As of December 31, 2007, the company's office portfolio consisted of 48 properties and multifamily portfolio consisted of 9 properties. The stock currently has a dividend yield of 3.02%. The company has a P/E ratio of 91.8. Currently there are 3 analysts that rate Douglas Emmett a buy, 2 analysts rate it a sell, and 9 rate it a hold. Exclusive Offer: Get the latest Stock Analysis on DEI - FREE TheStreet Quant Ratings rates Douglas Emmett as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins. Get the full Douglas Emmett 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.
Alliance Fiber Optic Products (AFOP) - FREE Research Report Chang Peter C who is Chair, Pres and Chief Exec Off at Alliance Fiber Optic Products sold 488,000 shares at $22.14 on Sept. 20, 2013. Following this transaction, the Chair, Pres and Chief Exec Off owned 2.1 million shares meaning that the stake was reduced by 18.61% with the 488,000 share transaction. The shares most recently traded at $22.49, up $0.35, or 1.54% since the insider transaction. Historical insider transactions for Alliance Fiber Optic Products go as follows:
- 4-Week # shares sold: 10,000
- 12-Week # shares sold: 153,000
- 24-Week # shares sold: 310,000