Insider Trading Alert - Con-way 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.

Friday, Oct. 4, 2013, 48 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $635.18 to $148,915,200.00.

Highlighted Stocks Traded by Insiders:

Con-way (CNW) - FREE Research Report

Kennedy W Keith Jr who is Director and COB at Con-way sold 3,000 shares at $43.30 on Oct. 4, 2013. Following this transaction, the Director and COB owned 33,999 shares meaning that the stake was reduced by 8.11% with the 3,000 share transaction.

The shares most recently traded at $43.57, up $0.27, or 0.62% since the insider transaction. Historical insider transactions for Con-way go as follows:

  • 4-Week # shares sold: 4,000
  • 12-Week # shares sold: 4,000
  • 24-Week # shares sold: 18,831

The average volume for Con-way has been 635,700 shares per day over the past 30 days. Con-way has a market cap of $2.4 billion and is part of the services sector and transportation industry. Shares are up 50.58% year to date as of the close of trading on Friday.

Con-way Inc., together with its subsidiaries, provides transportation, logistics, and supply chain management services to various manufacturing, industrial, and retail customers in North America and internationally. The stock currently has a dividend yield of 0.95%. The company has a P/E ratio of 25.4. Currently there are 7 analysts that rate Con-way a buy, 1 analyst rates it a sell, and 8 rate it a hold.

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TheStreet Quant Ratings rates Con-way as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Con-way Ratings Report from TheStreet Quant Ratings now.

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