Insider Trading Alert - Palo Alto Networks 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. 16, 2013, 70 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $34.53 to $7,833,552.18.

Highlighted Stocks Traded by Insiders:

Palo Alto Networks (PANW) - FREE Research Report

Chandna Asheem who is Director at Palo Alto Networks sold 17,500 shares at $45.25 on Oct. 16, 2013. Following this transaction, the Director owned 186,598 shares meaning that the stake was reduced by 8.57% with the 17,500 share transaction.

The shares most recently traded at $47.83, up $2.58, or 5.39% 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.

Stryker Corporation (SYK) - FREE Research Report

Stryker Ronda E who is Director at Stryker Corporation sold 14,000 shares at $70.68 on Oct. 16, 2013. Following this transaction, the Director owned 11.6 million shares meaning that the stake was reduced by 0.12% with the 14,000 share transaction.

The shares most recently traded at $67.54, down $3.14, or 4.65% since the insider transaction. Historical insider transactions for Stryker Corporation go as follows:

  • 4-Week # shares sold: 2,000
  • 12-Week # shares sold: 2,000
  • 24-Week # shares sold: 22,000

The average volume for Stryker Corporation has been 1.2 million shares per day over the past 30 days. Stryker Corporation has a market cap of $26.8 billion and is part of the health care sector and health services industry. Shares are up 29.2% year to date as of the close of trading on Friday.

Stryker Corporation, a medical technology company, provides reconstructive, medical and surgical, and neurotechnology and spine products for doctors, hospitals, and other healthcare facilities. The stock currently has a dividend yield of 1.5%. The company has a P/E ratio of 23.8. Currently there are 13 analysts that rate Stryker Corporation a buy, 1 analyst rates it a sell, and 12 rate it a hold.

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

TheStreet Quant Ratings rates Stryker Corporation 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, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Stryker 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.

Western Refining (WNR) - FREE Research Report

Smith Mark J who is President-Refining & Marketing at Western Refining sold 9,400 shares at $32.26 on Oct. 16, 2013. Following this transaction, the President-Refining & Marketing owned 113,935 shares meaning that the stake was reduced by 7.62% with the 9,400 share transaction.

The shares most recently traded at $30.97, down $1.29, or 4.16% since the insider transaction. Historical insider transactions for Western Refining go as follows:

  • 12-Week # shares sold: 540,600
  • 24-Week # shares sold: 1.1 million

The average volume for Western Refining has been 1.5 million shares per day over the past 30 days. Western Refining has a market cap of $2.4 billion and is part of the basic materials sector and energy industry. Shares are up 4.04% year to date as of the close of trading on Friday.

Western Refining, Inc. operates as an independent crude oil refiner and marketer of refined products. It operates in three segments: Refining, Wholesale, and Retail. The stock currently has a dividend yield of 2.45%. The company has a P/E ratio of 7.0. Currently there are 3 analysts that rate Western Refining a buy, no analysts rate it a sell, and 6 rate it a hold.

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

TheStreet Quant Ratings rates Western Refining as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Western Refining 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.

SM Energy (SM) - FREE Research Report

Knott Kenneth J. who is VP- Land & Ass Sec at SM Energy sold 1,523 shares at $80.80 on Oct. 16, 2013. Following this transaction, the VP- Land & Ass Sec owned 34,799 shares meaning that the stake was reduced by 4.19% with the 1,523 share transaction.

The shares most recently traded at $79.57, down $1.23, or 1.55% since the insider transaction. Historical insider transactions for SM Energy go as follows:

  • 12-Week # shares sold: 15,100
  • 24-Week # shares sold: 15,100

The average volume for SM Energy has been 643,600 shares per day over the past 30 days. SM Energy has a market cap of $5.1 billion and is part of the basic materials sector and energy industry. Shares are up 46.47% year to date as of the close of trading on Friday.

SM Energy Company, an independent energy company, together with its subsidiaries, engages in the acquisition, exploration, exploitation, development, and production of crude oil, natural gas, and natural gas liquids in North America. The stock currently has a dividend yield of 0.13%. Currently there are 13 analysts that rate SM Energy a buy, no analysts rate it a sell, and 5 rate it a hold.

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

TheStreet Quant Ratings rates SM Energy as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, good cash flow from operations, solid stock price performance and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full SM 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.

BroadSoft (BSFT) - FREE Research Report

Hoffpauir Scott D. who is Chief Technology Officer at BroadSoft sold 10,832 shares at $36.00 on Oct. 16, 2013. Following this transaction, the Chief Technology Officer owned 123,943 shares meaning that the stake was reduced by 8.04% with the 10,832 share transaction.

The shares most recently traded at $35.76, down $0.24, or 0.67% since the insider transaction. Historical insider transactions for BroadSoft go as follows:

  • 4-Week # shares bought: 500
  • 4-Week # shares sold: 60,000
  • 12-Week # shares bought: 1,500
  • 12-Week # shares sold: 70,722
  • 24-Week # shares bought: 2,500
  • 24-Week # shares sold: 82,276

The average volume for BroadSoft has been 360,700 shares per day over the past 30 days. BroadSoft has a market cap of $1.0 billion and is part of the technology sector and computer software & services industry. Shares are down 0.63% year to date as of the close of trading on Friday.

BroadSoft, Inc. provides software and services that enable mobile, fixed-line, and cable service providers to deliver hosted or cloud-based unified communications and other voice and multimedia services over Internet protocol (IP) based networks. The company has a P/E ratio of 361.0. Currently there are 3 analysts that rate BroadSoft a buy, no analysts rate it a sell, and 7 rate it a hold.

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

TheStreet Quant Ratings rates BroadSoft as a hold. 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 and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full BroadSoft 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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