Insider Trading Alert - Tenet Healthcare And 2 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:

Tenet Healthcare (THC) - FREE Research Report

Bush John Ellis who is Director at Tenet Healthcare sold 8,291 shares at $42.90 on Sept. 20, 2013. Following this transaction, the Director owned 36,913 shares meaning that the stake was reduced by 18.34% with the 8,291 share transaction.

The shares most recently traded at $40.98, down $1.92, or 4.69% since the insider transaction.

The average volume for Tenet Healthcare has been 1.6 million shares per day over the past 30 days. Tenet Healthcare has a market cap of $4.3 billion and is part of the health care sector and health services industry. Shares are up 31.72% year to date as of the close of trading on Friday.

Tenet Healthcare Corporation, an investor-owned health care services company, owns and operates acute care hospitals, ambulatory surgery centers, diagnostic imaging centers, urgent care centers, and related health care facilities in the United States. Currently there are 7 analysts that rate Tenet Healthcare a buy, no analysts rate it a sell, and 5 rate it a hold.

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

TheStreet Quant Ratings rates Tenet Healthcare as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full Tenet Healthcare 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.

ITT Educational Services (ESI) - FREE Research Report

Blum Capital Partners Lp who is 10% Owner at ITT Educational Services sold 7,833 shares at $31.01 on Sept. 20, 2013. Following this transaction, the 10% Owner owned 1.6 million shares meaning that the stake was reduced by 0.48% with the 7,833 share transaction.

The shares most recently traded at $29.60, down $1.41, or 4.75% since the insider transaction. Historical insider transactions for ITT Educational Services go as follows:

  • 4-Week # shares sold: 94,193
  • 12-Week # shares sold: 94,193
  • 24-Week # shares sold: 94,193

The average volume for ITT Educational Services has been 453,200 shares per day over the past 30 days. ITT Educational Services has a market cap of $706.0 million and is part of the services sector and diversified services industry. Shares are up 72.91% year to date as of the close of trading on Friday.

ITT Educational Services, Inc. provides postsecondary degree programs in the United States. The company has a P/E ratio of 8.2. Currently there are 2 analysts that rate ITT Educational Services a buy, 3 analysts rate it a sell, and 6 rate it a hold.

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

TheStreet Quant Ratings rates ITT Educational Services as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and a generally disappointing performance in the stock itself. Get the full ITT Educational Services 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.

Analog Devices (ADI) - FREE Research Report

Wessel Thomas who is VP, Worldwide Sales at Analog Devices sold 1,757 shares at $48.73 on Sept. 20, 2013. Following this transaction, the VP, Worldwide Sales owned 2,000 shares meaning that the stake was reduced by 46.77% with the 1,757 share transaction.

The shares most recently traded at $47.54, down $1.19, or 2.5% since the insider transaction. Historical insider transactions for Analog Devices go as follows:

  • 24-Week # shares sold: 2,500

The average volume for Analog Devices has been 1.7 million shares per day over the past 30 days. Analog Devices has a market cap of $15.0 billion and is part of the technology sector and electronics industry. Shares are up 15.03% year to date as of the close of trading on Friday.

Analog Devices, Inc. engages in the design, manufacture, and marketing of analog, mixed-signal, and digital signal processing integrated circuits (ICs) for use in industrial, automotive, consumer, and communication markets worldwide. The stock currently has a dividend yield of 2.81%. The company has a P/E ratio of 23.0. Currently there are 11 analysts that rate Analog Devices a buy, no analysts rate it a sell, and 9 rate it a hold.

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

TheStreet Quant Ratings rates Analog Devices as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Analog Devices 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

Ackman Investment Buoys Lowe's; DraftKings Responds to FanDuel Merger -- ICYMI

Ackman Investment Buoys Lowe's; DraftKings Responds to FanDuel Merger -- ICYMI

Replay: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Replay: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market

Red Robin Slumps After Earnings Miss

Red Robin Slumps After Earnings Miss

Owner of Moviepass Sees Stock Plummet

Owner of Moviepass Sees Stock Plummet