Insider Trading Alert - Franklin Resources 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. 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

The average volume for Franklin Resources has been 2.8 million shares per day over the past 30 days. Franklin Resources has a market cap of $33.3 billion and is part of the financial sector and financial services industry. Shares are up 25.06% year to date as of the close of trading on Friday.

Franklin Resources Inc. is a publicly owned asset management holding company. The firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It manages, through its subsidiary, separate client-focused equity, fixed income, and balanced portfolios. The stock currently has a dividend yield of 0.76%. The company has a P/E ratio of 15.7. Currently there are 9 analysts that rate Franklin Resources a buy, no analysts rate it a sell, and 6 rate it a hold.

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

TheStreet Quant Ratings rates Franklin Resources as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and solid stock price performance. 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 Franklin Resources 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.

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

The average volume for Ciena Corporation has been 3.4 million shares per day over the past 30 days. Ciena Corporation has a market cap of $2.7 billion and is part of the technology sector and telecommunications industry. Shares are up 64.21% year to date as of the close of trading on Friday.

Ciena Corporation provides communications networking equipment, software, and services that support the transport, switching, aggregation, and management of voice, video, and data traffic worldwide. Currently there are 12 analysts that rate Ciena Corporation a buy, no analysts rate it a sell, and 5 rate it a hold.

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

TheStreet Quant Ratings rates Ciena Corporation as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share and increase in net income. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. Get the full Ciena 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.

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

The average volume for AECOM Technology Corporation has been 703,800 shares per day over the past 30 days. AECOM Technology Corporation has a market cap of $3.1 billion and is part of the services sector and diversified services industry. Shares are up 28.95% year to date as of the close of trading on Friday.

AECOM Technology Corporation, together with its subsidiaries, provides professional technical and management support services for commercial and government clients worldwide. Currently there are 6 analysts that rate AECOM Technology Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

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

TheStreet Quant Ratings rates AECOM Technology Corporation as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and poor profit margins. Get the full AECOM Technology 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.

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

The average volume for Alliance Fiber Optic Products has been 875,500 shares per day over the past 30 days. Alliance Fiber Optic Products has a market cap of $411.9 million and is part of the technology sector and electronics industry. Shares are up 278.2% year to date as of the close of trading on Friday.

Alliance Fiber Optic Products, Inc. designs, manufactures, and markets various fiber optic components and integrated modules for communications equipment manufacturers and service providers in North America, Europe, and Asia. The stock currently has a dividend yield of 0.55%. The company has a P/E ratio of 29.9. Currently there are no analysts that rate Alliance Fiber Optic Products a buy, no analysts rate it a sell, and 1 rates it a hold.

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

TheStreet Quant Ratings rates Alliance Fiber Optic Products 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, expanding profit margins and good cash flow from operations. 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 Alliance Fiber Optic Products 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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