Altera (ALTR) - FREE Research Report Howe Bradley Steven who is Sr VP, Research & Development at Altera sold 5,985 shares at $30.75 on Oct. 1, 2013. Following this transaction, the Sr VP, Research & Development owned 8,750 shares meaning that the stake was reduced by 40.62% with the 5,985 share transaction. The shares most recently traded at $36.77, up $6.02, or 16.38% since the insider transaction. Historical insider transactions for Altera go as follows:
4-Week # shares sold: 8,381
12-Week # shares sold: 66,892
24-Week # shares sold: 86,204
The average volume for Altera has been 3.0 million shares per day over the past 30 days. Altera has a market cap of $11.9 billion and is part of the technology sector and electronics industry. Shares are up 8.64% year to date as of the close of trading on Tuesday. Altera Corporation, a semiconductor company, designs, manufactures, and markets programmable logic devices (PLD), HardCopy application-specific integrated circuit (ASIC) devices, pre-defined design building blocks, and proprietary development software. The stock currently has a dividend yield of 1.61%. The company has a P/E ratio of 23.9. Currently there are 10 analysts that rate Altera a buy, no analysts rate it a sell, and 9 rate it a hold. Exclusive Offer: Get the latest Stock Analysis on ALTR - FREETheStreet Quant Ratings rates Altera as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Altera 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.