Insider Trading Alert - Level 3 Communications 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:

Level 3 Communications (LVLT) - FREE Research Report

Miller Charles C Iii who is Director at Level 3 Communications sold 3,000 shares at $28.59 on Oct. 4, 2013. Following this transaction, the Director owned 266,594 shares meaning that the stake was reduced by 1.11% with the 3,000 share transaction.

Storey Jeffrey K who is President and COO at Level 3 Communications sold 4,960 shares at $28.40 on Oct. 4, 2013. Following this transaction, the President and COO owned 380,461 shares meaning that the stake was reduced by 1.29% with the 4,960 share transaction.

Stortz Thomas C who is Executive Vice President & CAO at Level 3 Communications sold 2,900 shares at $28.32 on Oct. 4, 2013. Following this transaction, the Executive Vice President & CAO owned 228,898 shares meaning that the stake was reduced by 1.25% with the 2,900 share transaction.

Patel Sunit S who is Executive VP and CFO at Level 3 Communications sold 2,915 shares at $28.25 on Oct. 4, 2013. Following this transaction, the Executive VP and CFO owned 285,571 shares meaning that the stake was reduced by 1.01% with the 2,915 share transaction.

Mortensen Eric who is SVP, Controller at Level 3 Communications sold 300 shares at $28.54 on Oct. 4, 2013. Following this transaction, the SVP, Controller owned 49,646 shares meaning that the stake was reduced by 0.6% with the 300 share transaction.

Clemins Archie who is Director at Level 3 Communications sold 1,000 shares at $28.39 on Oct. 4, 2013. Following this transaction, the Director owned 43,585 shares meaning that the stake was reduced by 2.24% with the 1,000 share transaction.

Crouch Andrew who is Regional President, North Amer at Level 3 Communications sold 955 shares at $28.54 on Oct. 4, 2013. Following this transaction, the Regional President, North Amer owned 82,831 shares meaning that the stake was reduced by 1.14% with the 955 share transaction.

Ryan John Michael who is Evp, Clo at Level 3 Communications sold 300 shares at $28.52 on Oct. 4, 2013. Following this transaction, the Evp, Clo owned 78,379 shares meaning that the stake was reduced by 0.38% with the 300 share transaction.

Heard James Barton who is Regional President, EMEA at Level 3 Communications sold 1,120 shares at $28.54 on Oct. 4, 2013. Following this transaction, the Regional President, EMEA owned 62,671 shares meaning that the stake was reduced by 1.76% with the 1,120 share transaction.

The shares most recently traded at $27.72, down $0.82, or 2.97% since the insider transaction. Historical insider transactions for Level 3 Communications go as follows:

  • 4-Week # shares sold: 1,000
  • 12-Week # shares sold: 2,000
  • 24-Week # shares sold: 321,373

The average volume for Level 3 Communications has been 1.6 million shares per day over the past 30 days. Level 3 Communications has a market cap of $5.9 billion and is part of the technology sector and telecommunications industry. Shares are up 14.58% year to date as of the close of trading on Friday.

Level 3 Communications, Inc., together with its subsidiaries, operates as a facilities-based provider of a range of integrated communications services primarily in North America, Latin America, and Europe. Currently there are 5 analysts that rate Level 3 Communications a buy, no analysts rate it a sell, and 10 rate it a hold.

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

TheStreet Quant Ratings rates Level 3 Communications as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full Level 3 Communications 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.

Tivo (TIVO) - FREE Research Report

Kovar Pavel who is Principal Accounting Officer at Tivo sold 2,080 shares at $12.65 on Oct. 4, 2013. Following this transaction, the Principal Accounting Officer owned 103,327 shares meaning that the stake was reduced by 1.97% with the 2,080 share transaction.

The shares most recently traded at $12.63, down $0.02, or 0.16% since the insider transaction. Historical insider transactions for Tivo go as follows:

  • 4-Week # shares sold: 31,227
  • 12-Week # shares bought: 10,000
  • 12-Week # shares sold: 37,287
  • 24-Week # shares bought: 10,000
  • 24-Week # shares sold: 85,517

The average volume for Tivo has been 2.5 million shares per day over the past 30 days. Tivo has a market cap of $1.5 billion and is part of the services sector and media industry. Shares are up 1.02% year to date as of the close of trading on Friday.

TiVo Inc., together with its subsidiaries, provides software and service technology that enables the distribution of video content on digital video recorders (DVRs), non-DVR set-top boxes (STB), computers, smartphones, and tablets in the United States and internationally. The company has a P/E ratio of 5.6. Currently there are 9 analysts that rate Tivo a buy, no analysts rate it a sell, and 3 rate it a hold.

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

TheStreet Quant Ratings rates Tivo as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, notable return on equity, reasonable valuation levels and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Tivo 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.

Illumina (ILMN) - FREE Research Report

Walt David R who is Director at Illumina sold 5,000 shares at $80.58 on Oct. 4, 2013. Following this transaction, the Director owned 921,488 shares meaning that the stake was reduced by 0.54% with the 5,000 share transaction.

The shares most recently traded at $80.05, down $0.53, or 0.66% since the insider transaction. Historical insider transactions for Illumina go as follows:

  • 4-Week # shares sold: 6,627
  • 12-Week # shares sold: 31,689
  • 24-Week # shares sold: 65,335

The average volume for Illumina has been 981,700 shares per day over the past 30 days. Illumina has a market cap of $10.1 billion and is part of the health care sector and drugs industry. Shares are up 45.64% year to date as of the close of trading on Friday.

Illumina, Inc. develops, manufactures, and markets life science tools and integrated systems for the analysis of genetic variation and biological function in North America, Europe, Latin America, the Asia-Pacific, the Middle East, and South Africa. The company has a P/E ratio of 94.1. Currently there are 9 analysts that rate Illumina a buy, no analysts rate it a sell, and 9 rate it a hold.

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

TheStreet Quant Ratings rates Illumina as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Illumina 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.

Financial Engines (FNGN) - FREE Research Report

Raffone Lawrence M. who is President at Financial Engines sold 7,500 shares at $55.95 on Oct. 4, 2013. Following this transaction, the President owned 35,615 shares meaning that the stake was reduced by 17.4% with the 7,500 share transaction.

The shares most recently traded at $57.62, up $1.67, or 2.9% since the insider transaction. Historical insider transactions for Financial Engines go as follows:

  • 4-Week # shares sold: 12,500
  • 12-Week # shares sold: 40,000
  • 24-Week # shares sold: 141,936

The average volume for Financial Engines has been 236,200 shares per day over the past 30 days. Financial Engines has a market cap of $3.0 billion and is part of the financial sector and financial services industry. Shares are up 121.02% year to date as of the close of trading on Friday.

Financial Engines, Inc., together with its subsidiaries, provides independent, technology-enabled portfolio management services, investment advice, and retirement income services to participants in employer-sponsored defined contribution plans. The stock currently has a dividend yield of 0.33%. The company has a P/E ratio of 133.3. Currently there are 5 analysts that rate Financial Engines a buy, no analysts rate it a sell, and 1 rates it a hold.

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

TheStreet Quant Ratings rates Financial Engines as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Financial Engines 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.

Sanchez Energy (SN) - FREE Research Report

Hink Kirsten A who is VP & Principal Accting Officer at Sanchez Energy sold 1,273 shares at $26.51 on Oct. 4, 2013. Following this transaction, the VP & Principal Accting Officer owned 22,727 shares meaning that the stake was reduced by 5.3% with the 1,273 share transaction.

The shares most recently traded at $28.57, up $2.06, or 7.21% since the insider transaction. Historical insider transactions for Sanchez Energy go as follows:

  • 4-Week # shares bought: 2,000
  • 12-Week # shares bought: 3,000
  • 12-Week # shares sold: 1,010
  • 24-Week # shares bought: 5,000
  • 24-Week # shares sold: 1,010

The average volume for Sanchez Energy has been 608,100 shares per day over the past 30 days. Sanchez Energy has a market cap of $1.2 billion and is part of the basic materials sector and energy industry. Shares are up 46.89% year to date as of the close of trading on Friday.

Sanchez Energy Corporation, an independent exploration and production company, focuses on the acquisition, exploration, and development of unconventional oil and natural gas resources. The company has a P/E ratio of 528.8. Currently there are 11 analysts that rate Sanchez Energy a buy, no analysts rate it a sell, and none rate it a hold.

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

TheStreet Quant Ratings rates Sanchez Energy as a sell. The area that we feel has been the company's primary weakness has been its disappointing return on equity. Get the full Sanchez Energy 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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