Insider Trading Alert - Heartland Payment Systems 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. 30, 2013, 48 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $115.00 to $51,212,452.50.

Highlighted Stocks Traded by Insiders:

Heartland Payment Systems (HPY) - FREE Research Report

Drysdale Ian who is President-Network Solutions at Heartland Payment Systems sold 3,000 shares at $39.20 on Sept. 30, 2013. Following this transaction, the President-Network Solutions owned 7,156 shares meaning that the stake was reduced by 29.54% with the 3,000 share transaction.

The shares most recently traded at $39.67, up $0.47, or 1.18% since the insider transaction. Historical insider transactions for Heartland Payment Systems go as follows:

  • 4-Week # shares sold: 34,498
  • 12-Week # shares sold: 44,129
  • 24-Week # shares sold: 52,638

The average volume for Heartland Payment Systems has been 311,700 shares per day over the past 30 days. Heartland Payment Systems has a market cap of $1.4 billion and is part of the services sector and diversified services industry. Shares are up 32.47% year to date as of the close of trading on Monday.

Heartland Payment Systems, Inc. provides bankcard payment processing services in the United States and Canada. The stock currently has a dividend yield of 0.72%. The company has a P/E ratio of 22.1. Currently there are 8 analysts that rate Heartland Payment Systems a buy, 1 analyst rates it a sell, and 4 rate it a hold.

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

TheStreet Quant Ratings rates Heartland Payment Systems as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, increase in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Heartland Payment Systems Ratings Report from TheStreet Quant Ratings now.

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