Insider Trading Alert - Global Payments 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. 7, 2013, 49 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $1.11 to $9,165,041.44.

Highlighted Stocks Traded by Insiders:

Global Payments (GPN) - FREE Research Report

Tornay Suellyn P who is Executive Vice President at Global Payments sold 8,608 shares at $56.59 on Oct. 7, 2013. Following this transaction, the Executive Vice President owned 37,853 shares meaning that the stake was reduced by 18.53% with the 8,608 share transaction.

The shares most recently traded at $54.83, down $1.76, or 3.21% since the insider transaction. Historical insider transactions for Global Payments go as follows:

  • 12-Week # shares bought: 5,000
  • 24-Week # shares bought: 5,000
  • 24-Week # shares sold: 4,400

The average volume for Global Payments has been 663,000 shares per day over the past 30 days. Global Payments has a market cap of $3.7 billion and is part of the services sector and diversified services industry. Shares are up 9.49% year to date as of the close of trading on Friday.

Global Payments Inc. The stock currently has a dividend yield of 0.16%. The company has a P/E ratio of 18.0. Currently there are 10 analysts that rate Global Payments a buy, 2 analysts rate it a sell, and 12 rate it a hold.

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

TheStreet Quant Ratings rates Global Payments as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Global Payments 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.

Palo Alto Networks (PANW) - FREE Research Report

Batra Rajiv who is VP, Engineering at Palo Alto Networks sold 15,000 shares at $47.50 on Oct. 7, 2013. Following this transaction, the VP, Engineering owned 181,050 shares meaning that the stake was reduced by 7.65% with the 15,000 share transaction.

The shares most recently traded at $47.83, up $0.33, or 0.69% since the insider transaction.

The average volume for Palo Alto Networks has been 891,600 shares per day over the past 30 days. Palo Alto Networks has a market cap of $3.3 billion and is part of the technology sector and computer hardware industry. Shares are down 12.95% year to date as of the close of trading on Friday.

Palo Alto Networks, Inc. offers a network security platform in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company's platform comprises Next-Generation Firewall that delivers application, user, and content visibility and control. The company has a P/E ratio of 221.9. Currently there are 11 analysts that rate Palo Alto Networks a buy, no analysts rate it a sell, and 10 rate it a hold.

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

TheStreet Quant Ratings rates Palo Alto Networks as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full Palo Alto Networks 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.

Ciena Corporation (CIEN) - FREE Research Report

Smith Gary B who is President, Ceo at Ciena Corporation sold 2,900 shares at $26.80 on Oct. 7, 2013. Following this transaction, the President, Ceo owned 276,355 shares meaning that the stake was reduced by 1.04% with the 2,900 share transaction.

The shares most recently traded at $27.19, up $0.39, or 1.45% since the insider transaction. Historical insider transactions for Ciena Corporation go as follows:

  • 4-Week # shares sold: 58,240
  • 12-Week # shares sold: 86,240
  • 24-Week # shares sold: 222,179

The average volume for Ciena Corporation has been 3.5 million shares per day over the past 30 days. Ciena Corporation has a market cap of $2.6 billion and is part of the technology sector and telecommunications industry. Shares are up 60% year to date as of the close of trading on Friday.

Ciena Corporation provides communications networking equipment, software, and services that support the transport, switching, aggregation, and management of voice, video, and data traffic worldwide. Currently there are 12 analysts that rate Ciena Corporation a buy, no analysts rate it a sell, and 5 rate it a hold.

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

TheStreet Quant Ratings rates Ciena Corporation as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share and increase in net income. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. Get the full Ciena Corporation 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.

Keryx Biopharmaceuticals (KERX) - FREE Research Report

Bentsur Ron who is Chief Executive Officer at Keryx Biopharmaceuticals sold 2,505 shares at $10.25 on Oct. 7, 2013. Following this transaction, the Chief Executive Officer owned 459,065 shares meaning that the stake was reduced by 0.54% with the 2,505 share transaction.

Oliviero James F III who is Chief Financial Officer at Keryx Biopharmaceuticals sold 1,475 shares at $10.25 on Oct. 7, 2013. Following this transaction, the Chief Financial Officer owned 555,929 shares meaning that the stake was reduced by 0.26% with the 1,475 share transaction.

The shares most recently traded at $10.04, down $0.21, or 2.09% since the insider transaction. Historical insider transactions for Keryx Biopharmaceuticals go as follows:

  • 12-Week # shares sold: 3,878
  • 24-Week # shares sold: 33,241

The average volume for Keryx Biopharmaceuticals has been 1.8 million shares per day over the past 30 days. Keryx Biopharmaceuticals has a market cap of $800.2 million and is part of the health care sector and drugs industry. Shares are up 273.28% year to date as of the close of trading on Friday.

Keryx Biopharmaceuticals, Inc., a biopharmaceutical company, focuses on the acquisition, development, and commercialization of pharmaceutical products for the treatment of renal disease in the United States. Currently there are 7 analysts that rate Keryx Biopharmaceuticals a buy, no analysts rate it a sell, and none rate it a hold.

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

TheStreet Quant Ratings rates Keryx Biopharmaceuticals as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, weak operating cash flow, poor profit margins and feeble growth in its earnings per share. Get the full Keryx Biopharmaceuticals 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.

ITT Educational Services (ESI) - FREE Research Report

Blum Capital Partners Lp who is 10% Owner at ITT Educational Services sold 1,375 shares at $31.12 on Oct. 7, 2013. Following this transaction, the 10% Owner owned 1.4 million shares meaning that the stake was reduced by 0.1% with the 1,375 share transaction.

The shares most recently traded at $29.56, down $1.56, or 5.28% since the insider transaction. Historical insider transactions for ITT Educational Services go as follows:

  • 4-Week # shares sold: 333,338
  • 12-Week # shares sold: 427,531
  • 24-Week # shares sold: 427,531

The average volume for ITT Educational Services has been 420,200 shares per day over the past 30 days. ITT Educational Services has a market cap of $708.3 million and is part of the services sector and diversified services industry. Shares are up 75.1% year to date as of the close of trading on Friday.

ITT Educational Services, Inc. provides postsecondary degree programs in the United States. The company has a P/E ratio of 8.2. Currently there are 2 analysts that rate ITT Educational Services a buy, 3 analysts rate it a sell, and 6 rate it a hold.

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

TheStreet Quant Ratings rates ITT Educational Services as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share and deteriorating net income. Get the full ITT Educational Services 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

null

More from Markets

Stocks Move Lower on Trade Fears and 4 Other Stories You Must Know Wednesday

Stocks Move Lower on Trade Fears and 4 Other Stories You Must Know Wednesday

Trump, China Trade, Target and Las Vegas Casinos - 5 Things You Must Know

Trump, China Trade, Target and Las Vegas Casinos - 5 Things You Must Know

Global Rally Stalls as Trump Doubts North Korea Summit, Questions China Trade

Global Rally Stalls as Trump Doubts North Korea Summit, Questions China Trade

Target Slumps After Q1 Earnings Miss as Comparable Sales Slow, Traffic Improves

Target Slumps After Q1 Earnings Miss as Comparable Sales Slow, Traffic Improves

Pound Slides as Inflation Slows, Doubts Grow Over Bank of England Rate Hikes

Pound Slides as Inflation Slows, Doubts Grow Over Bank of England Rate Hikes