Level 3 Communications (LVLT) - FREE Research Report

Alonso Hector who is Regional President, Latin Amer at Level 3 Communications sold 25,000 shares at $29.78 on Nov. 1, 2013. Following this transaction, the Regional President, Latin Amer owned 161,805 shares meaning that the stake was reduced by 13.38% with the 25,000 share transaction.

Clemins Archie who is Director at Level 3 Communications sold 1,000 shares at $30.06 on Nov. 1, 2013. Following this transaction, the Director owned 42,585 shares meaning that the stake was reduced by 2.29% with the 1,000 share transaction.

The shares most recently traded at $30.35, up $0.29, or 0.96% since the insider transaction. Historical insider transactions for Level 3 Communications go as follows:

  • 4-Week # shares sold: 17,450
  • 12-Week # shares sold: 18,450
  • 24-Week # shares sold: 172,157

The average volume for Level 3 Communications has been 1.7 million shares per day over the past 30 days. Level 3 Communications has a market cap of $6.8 billion and is part of the technology sector and telecommunications industry. Shares are up 29.9% 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 9 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 solid stock price performance, 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.

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