Insider Trading Alert - MCHP, ITW, HAR, SAVE And SHOO 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, Nov. 6, 2013, 120 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $600.78 to $11,115,720.00.

Highlighted Stocks Traded by Insiders:

Microchip Technology (MCHP) - FREE Research Report

Sanghi Steve who is President, CEO, Chairman at Microchip Technology sold 100 shares at $43.06 on Nov. 6, 2013. Following this transaction, the President, CEO, Chairman owned 5.2 million shares meaning that the stake was reduced by 0% with the 100 share transaction.

Simoncic Richard J who is VP, Analog and Intrfc Prod Div at Microchip Technology sold 25,444 shares at $42.38 on Nov. 6, 2013. Following this transaction, the VP, Analog and Intrfc Prod Div owned 91,405 shares meaning that the stake was reduced by 21.78% with the 25,444 share transaction.

The shares most recently traded at $42.40, up $0.02, or 0.04% since the insider transaction. Historical insider transactions for Microchip Technology go as follows:

  • 4-Week # shares sold: 2,594
  • 12-Week # shares sold: 11,822
  • 24-Week # shares sold: 11,822

The average volume for Microchip Technology has been 1.7 million shares per day over the past 30 days. Microchip Technology has a market cap of $8.4 billion and is part of the technology sector and electronics industry. Shares are up 30.9% year to date as of the close of trading on Wednesday.

Microchip Technology Incorporated engages in developing, manufacturing, and selling semiconductor products for embedded control applications. The stock currently has a dividend yield of 3.32%. The company has a P/E ratio of 49.0. Currently there are 3 analysts that rate Microchip Technology a buy, no analysts rate it a sell, and 4 rate it a hold.

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

TheStreet Quant Ratings rates Microchip Technology as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, solid stock price performance, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. 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 Microchip Technology 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.

Illinois Tool Works (ITW) - FREE Research Report

Mccormack Robert C who is Director at Illinois Tool Works sold 54,583 shares at $79.21 on Nov. 6, 2013. Following this transaction, the Director owned 4.0 million shares meaning that the stake was reduced by 1.34% with the 54,583 share transaction.

The shares most recently traded at $78.68, down $0.53, or 0.67% since the insider transaction. Historical insider transactions for Illinois Tool Works go as follows:

  • 12-Week # shares bought: 7,000
  • 24-Week # shares bought: 7,000

The average volume for Illinois Tool Works has been 1.6 million shares per day over the past 30 days. Illinois Tool Works has a market cap of $35.1 billion and is part of the industrial goods sector and industrial industry. Shares are up 30.16% year to date as of the close of trading on Wednesday.

Illinois Tool Works Inc. manufactures and sells a range of industrial products and equipment worldwide. The stock currently has a dividend yield of 2.12%. The company has a P/E ratio of 15.2. Currently there are 8 analysts that rate Illinois Tool Works a buy, 1 analyst rates it a sell, and 6 rate it a hold.

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

TheStreet Quant Ratings rates Illinois Tool Works as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Illinois Tool Works 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.

Harman International Industries (HAR) - FREE Research Report

Reiss Kenneth who is Director at Harman International Industries sold 3,000 shares at $81.51 on Nov. 6, 2013. Following this transaction, the Director owned 10,200 shares meaning that the stake was reduced by 22.73% with the 3,000 share transaction.

The shares most recently traded at $78.64, down $2.87, or 3.65% since the insider transaction. Historical insider transactions for Harman International Industries go as follows:

  • 12-Week # shares sold: 149,151
  • 24-Week # shares sold: 153,951

The average volume for Harman International Industries has been 763,200 shares per day over the past 30 days. Harman International Industries has a market cap of $5.5 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 82.19% year to date as of the close of trading on Wednesday.

Harman International Industries, Incorporated designs, develops, manufactures, and markets audio products, lighting solutions, and electronic systems, as well as digitally integrated audio and infotainment systems for the automotive industry worldwide. The stock currently has a dividend yield of 1.48%. The company has a P/E ratio of 42.6. Currently there are 2 analysts that rate Harman International Industries a buy, 1 analyst rates it a sell, and 2 rate it a hold.

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

TheStreet Quant Ratings rates Harman International Industries 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 and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Harman International Industries 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.

Spirit Airlines (SAVE) - FREE Research Report

Canfield Thomas C who is Sr VP, General Counsel and Sec at Spirit Airlines sold 6,000 shares at $44.47 on Nov. 6, 2013. Following this transaction, the Sr VP, General Counsel and Sec owned 22,949 shares meaning that the stake was reduced by 20.73% with the 6,000 share transaction.

The shares most recently traded at $42.05, down $2.42, or 5.76% since the insider transaction. Historical insider transactions for Spirit Airlines go as follows:

  • 12-Week # shares sold: 6,012
  • 24-Week # shares sold: 59,277

The average volume for Spirit Airlines has been 869,600 shares per day over the past 30 days. Spirit Airlines has a market cap of $3.2 billion and is part of the services sector and transportation industry. Shares are up 150.3% year to date as of the close of trading on Wednesday.

Spirit Airlines, Inc. provides low-fare airline services. It operates approximately 200 daily flights to 50 destinations in the United States, Latin America, and the Caribbean. The company has a P/E ratio of 21.1. Currently there are 5 analysts that rate Spirit Airlines a buy, no analysts rate it a sell, and none rate it a hold.

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

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

Steven Madden (SHOO) - FREE Research Report

Madden Steven who is 10% Owner at Steven Madden sold 100,000 shares at $36.95 on Nov. 6, 2013. Following this transaction, the 10% Owner owned 2.2 million shares meaning that the stake was reduced by 4.43% with the 100,000 share transaction.

Dharia Arvind who is Chief Financial Officer at Steven Madden sold 13,500 shares at $37.25 on Nov. 6, 2013. Following this transaction, the Chief Financial Officer owned 164,104 shares meaning that the stake was reduced by 7.6% with the 13,500 share transaction.

The shares most recently traded at $36.63, down $0.62, or 1.69% since the insider transaction. Historical insider transactions for Steven Madden go as follows:

  • 12-Week # shares sold: 2,250
  • 24-Week # shares sold: 15,187

The average volume for Steven Madden has been 478,000 shares per day over the past 30 days. Steven Madden has a market cap of $2.6 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 32.86% year to date as of the close of trading on Wednesday.

Steven Madden, Ltd., together with its subsidiaries, designs, sources, markets, and sells fashion-forward name brand and private label footwear for women, men, and children. The company has a P/E ratio of 19.3. Currently there are 3 analysts that rate Steven Madden a buy, no analysts rate it a sell, and 4 rate it a hold.

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

TheStreet Quant Ratings rates Steven Madden 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, reasonable valuation levels and good cash flow from operations. 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 Steven Madden 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

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers