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. 26, 2013, 73 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $200.03 to $367,425,000.00.
Highlighted Stocks Traded by Insiders:
Cimarex Energy Company (XEC) - FREE Research Report Bell Stephen P who is Ex VP at Cimarex Energy Company sold 4,468 shares at $94.91 on Sept. 26, 2013. Following this transaction, the Ex VP owned 80,393 shares meaning that the stake was reduced by 5.27% with the 4,468 share transaction.
Albi Joseph R who is Executive VP, COO at Cimarex Energy Company sold 2,000 shares at $95.48 on Sept. 26, 2013. Following this transaction, the Executive VP, COO owned 68,886 shares meaning that the stake was reduced by 2.82% with the 2,000 share transaction.
The shares most recently traded at $95.79, up $0.31, or 0.33% since the insider transaction. Historical insider transactions for Cimarex Energy Company go as follows:
- 4-Week # shares sold: 16,747
- 12-Week # shares sold: 39,513
- 24-Week # shares sold: 39,513
The average volume for Cimarex Energy Company has been 790,000 shares per day over the past 30 days. Cimarex Energy Company has a market cap of $8.1 billion and is part of the basic materials sector and energy industry. Shares are up 62.62% year to date as of the close of trading on Wednesday.
Cimarex Energy Co. operates as an independent oil and gas exploration and production company primarily in Oklahoma, Texas, New Mexico, and Kansas. As of December 31, 2012, the company owned an interest in 4,953 net productive oil and gas wells. The stock currently has a dividend yield of 0.6%. The company has a P/E ratio of 20.3. Currently there are 11 analysts that rate Cimarex Energy Company a buy, no analysts rate it a sell, and 5 rate it a hold.
Exclusive Offer: Get the latest Stock Analysis on XEC - FREE TheStreet Quant Ratings rates Cimarex Energy Company as a
buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full
Cimarex Energy Company Ratings Report from
TheStreet Quant Ratings now.
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