Insider Trading Alert - Biogen Idec 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, Oct. 2, 2013, 110 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $27.14 to $240,355,139.71.

Highlighted Stocks Traded by Insiders:

Biogen Idec (BIIB) - FREE Research Report

Scangos George A who is Chief Executive Officer at Biogen Idec sold 2,239 shares at $242.85 on Oct. 2, 2013. Following this transaction, the Chief Executive Officer owned 41,283 shares meaning that the stake was reduced by 5.14% with the 2,239 share transaction.

Schenk Lynn who is Director at Biogen Idec sold 1,000 shares at $242.85 on Oct. 2, 2013. Following this transaction, the Director owned 6,100 shares meaning that the stake was reduced by 14.08% with the 1,000 share transaction.

DiPietro Kenneth who is EVP Human Resources at Biogen Idec sold 1,440 shares at $242.00 on Oct. 2, 2013. Following this transaction, the EVP Human Resources owned 0 shares meaning that the stake was reduced by 100% with the 1,440 share transaction.

The shares most recently traded at $243.02, up $1.02, or 0.42% since the insider transaction. Historical insider transactions for Biogen Idec go as follows:

  • 4-Week # shares sold: 4,401
  • 12-Week # shares sold: 15,486
  • 24-Week # shares sold: 54,524

The average volume for Biogen Idec has been 1.2 million shares per day over the past 30 days. Biogen Idec has a market cap of $57.9 billion and is part of the health care sector and drugs industry. Shares are up 66.39% year to date as of the close of trading on Wednesday.

Biogen Idec Inc. discovers, develops, manufactures, and markets therapies for the treatment of neurodegenerative diseases, hemophilia, and autoimmune disorders in the United States and internationally. The company has a P/E ratio of 36.1. Currently there are 12 analysts that rate Biogen Idec a buy, no analysts rate it a sell, and 8 rate it a hold.

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

TheStreet Quant Ratings rates Biogen Idec as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Biogen Idec 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.

DigitalGlobe (DGI) - FREE Research Report

Scott Walter S. who is EVP & Chief Technical Officer at DigitalGlobe sold 853 shares at $31.61 on Oct. 2, 2013. Following this transaction, the EVP & Chief Technical Officer owned 152,056 shares meaning that the stake was reduced by 0.56% with the 853 share transaction.

The shares most recently traded at $31.14, down $0.47, or 1.51% since the insider transaction. Historical insider transactions for DigitalGlobe go as follows:

  • 4-Week # shares sold: 120
  • 12-Week # shares sold: 20,202
  • 24-Week # shares sold: 22,062

The average volume for DigitalGlobe has been 561,100 shares per day over the past 30 days. DigitalGlobe has a market cap of $2.5 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 34.57% year to date as of the close of trading on Wednesday.

DigitalGlobe, Inc. provides commercial earth imagery products and services in the Americas and internationally. The company operates in two segments, Defense and Intelligence, and Commercial. Currently there are 4 analysts that rate DigitalGlobe a buy, 1 analyst rates it a sell, and 2 rate it a hold.

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

TheStreet Quant Ratings rates DigitalGlobe as a hold. 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 and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full DigitalGlobe 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.

On Assignment (ASGN) - FREE Research Report

McGowan Michael who is Coo, Oai; Ceo, Ogr at On Assignment bought 1,006 shares at $21.11 on Oct. 2, 2013. Following this transaction, the Coo, Oai; Ceo, Ogr owned 311,116 shares meaning that the stake was reduced by 0.32% with the 1,006 share transaction.

The shares most recently traded at $32.53, up $11.42, or 35.09% since the insider transaction. Historical insider transactions for On Assignment go as follows:

  • 4-Week # shares sold: 2,296
  • 12-Week # shares sold: 2.0 million
  • 24-Week # shares sold: 2.2 million

The average volume for On Assignment has been 356,000 shares per day over the past 30 days. On Assignment has a market cap of $1.8 billion and is part of the services sector and diversified services industry. Shares are up 65.68% year to date as of the close of trading on Wednesday.

On Assignment, Inc., a diversified professional staffing firm, provides short- and long-term placement of contract, contract-to-hire, and direct hire professionals in the United States, Europe, Canada, China, Australia, and New Zealand. The company has a P/E ratio of 34.6. Currently there are 8 analysts that rate On Assignment a buy, no analysts rate it a sell, and 1 rates it a hold.

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

TheStreet Quant Ratings rates On Assignment 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, solid stock price performance, growth in earnings per share and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full On Assignment 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.

Allied World Assurance Company Holdings (AWH) - FREE Research Report

Knight W. Gordon who is President, AWACUS & AWNAC at Allied World Assurance Company Holdings sold 750 shares at $99.21 on Oct. 2, 2013. Following this transaction, the President, AWACUS & AWNAC owned 21,683 shares meaning that the stake was reduced by 3.34% with the 750 share transaction.

The shares most recently traded at $101.72, up $2.51, or 2.47% since the insider transaction. Historical insider transactions for Allied World Assurance Company Holdings go as follows:

  • 4-Week # shares sold: 750
  • 12-Week # shares bought: 1,000
  • 12-Week # shares sold: 1,500
  • 24-Week # shares bought: 1,500
  • 24-Week # shares sold: 8,750

The average volume for Allied World Assurance Company Holdings has been 159,600 shares per day over the past 30 days. Allied World Assurance Company Holdings has a market cap of $3.3 billion and is part of the financial sector and insurance industry. Shares are up 24.07% year to date as of the close of trading on Wednesday.

Allied World Assurance Company Holdings, AG, through its subsidiaries, provides property and casualty insurance and reinsurance solutions in Bermuda, the United States, Europe, Hong Kong, Labuan, and Singapore. The company operates through three segments: U.S. The stock currently has a dividend yield of 2.05%. The company has a P/E ratio of 10.5. Currently there are 2 analysts that rate Allied World Assurance Company Holdings a buy, 1 analyst rates it a sell, and 2 rate it a hold.

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

TheStreet Quant Ratings rates Allied World Assurance Company Holdings as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Allied World Assurance Company Holdings 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.

tw telecom inc (TWTC) - FREE Research Report

Attorri Gregory J who is Director at tw telecom inc sold 2,000 shares at $29.92 on Oct. 2, 2013. Following this transaction, the Director owned 47,069 shares meaning that the stake was reduced by 4.08% with the 2,000 share transaction.

The shares most recently traded at $29.97, up $0.05, or 0.17% since the insider transaction. Historical insider transactions for tw telecom inc go as follows:

  • 4-Week # shares sold: 7,500
  • 12-Week # shares sold: 7,500
  • 24-Week # shares sold: 488,076

The average volume for tw telecom inc has been 1.1 million shares per day over the past 30 days. Tw telecom inc has a market cap of $4.4 billion and is part of the technology sector and telecommunications industry. Shares are up 17.9% year to date as of the close of trading on Wednesday.

tw telecom inc. engages in the provision of managed network services in the United States. The company offers data networking, converged, Internet protocol based virtual private network (IP VPN), and Internet access services. The company has a P/E ratio of 66.7. Currently there are 2 analysts that rate tw telecom inc a buy, 1 analyst rates it a sell, and 12 rate it a hold.

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

TheStreet Quant Ratings rates tw telecom inc as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full tw telecom inc 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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