Insider Trading Alert - PSB, SFI, PNRA, FET And OPK 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, Nov. 8, 2013, 143 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $296.78 to $400,200,000.00.

Highlighted Stocks Traded by Insiders:

PS Business Parks (PSB) - FREE Research Report

Public Storage who is 10% Owner at PS Business Parks bought 950,000 shares at $79.25 on Nov. 8, 2013. Following this transaction, the 10% Owner owned 7.2 million shares meaning that the stake was reduced by 15.3% with the 950,000 share transaction.

The shares most recently traded at $79.04, down $0.21, or 0.27% since the insider transaction. Historical insider transactions for PS Business Parks go as follows:

  • 12-Week # shares bought: 239,555
  • 24-Week # shares bought: 406,748

The average volume for PS Business Parks has been 116,300 shares per day over the past 30 days. PS Business Parks has a market cap of $1.9 billion and is part of the financial sector and real estate industry. Shares are up 21.34% year to date as of the close of trading on Friday.

PS Business Parks, Inc., a real estate investment trust (REIT), together with its subsidiaries, engages in the acquisition, development, ownership, and operation of commercial properties primarily multi-tenant flex, office, and industrial space. The stock currently has a dividend yield of 2.23%. The company has a P/E ratio of 54.8. Currently there is 1 analyst that rates PS Business Parks a buy, no analysts rate it a sell, and 2 rate it a hold.

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

TheStreet Quant Ratings rates PS Business Parks as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, increase in stock price during the past year and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full PS Business Parks Ratings Report from TheStreet Quant Ratings now.

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