Insider Trading Alert - Cheniere Energy 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.

Yesterday, Oct. 3, 2013, 116 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $30.21 to $14,999,997.60.

Highlighted Stocks Traded by Insiders:

Cheniere Energy (LNG) - FREE Research Report

Thames Howard Davis who is Sr. VP & CFO at Cheniere Energy sold 10,000 shares at $33.73 on Oct. 3, 2013. Following this transaction, the Sr. VP & CFO owned 1.5 million shares meaning that the stake was reduced by 0.68% with the 10,000 share transaction.

The shares most recently traded at $34.77, up $1.04, or 3% since the insider transaction. Historical insider transactions for Cheniere Energy go as follows:

  • 4-Week # shares sold: 61,500
  • 12-Week # shares sold: 194,500
  • 24-Week # shares sold: 872,500

The average volume for Cheniere Energy has been 2.9 million shares per day over the past 30 days. Cheniere Energy has a market cap of $7.5 billion and is part of the basic materials sector and energy industry. Shares are up 67.09% year to date as of the close of trading on Thursday.

Cheniere Energy, Inc., an energy company, engages in the liquefied natural gas (LNG) related business. It operates through two segments, LNG Terminal Business, and LNG and Natural Gas Marketing Business. Currently there are 4 analysts that rate Cheniere Energy a buy, no analysts rate it a sell, and none rate it a hold.

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

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

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