Insider Trading Alert - WDC, CIEN, DECK, TRS And CAR 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. 19, 2013, 167 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $93.28 to $173,250,000.00.

Highlighted Stocks Traded by Insiders:

Western Digital Corporation (WDC) - FREE Research Report

Milligan Stephen D who is President & CEO at Western Digital Corporation sold 7,983 shares at $74.97 on Nov. 19, 2013. Following this transaction, the President & CEO owned 122,484 shares meaning that the stake was reduced by 6.12% with the 7,983 share transaction.

The shares most recently traded at $73.73, down $1.24, or 1.68% since the insider transaction. Historical insider transactions for Western Digital Corporation go as follows:

  • 4-Week # shares sold: 51,212
  • 12-Week # shares sold: 60,264
  • 24-Week # shares sold: 65,500

The average volume for Western Digital Corporation has been 2.2 million shares per day over the past 30 days. Western Digital Corporation has a market cap of $17.6 billion and is part of the technology sector and computer hardware industry. Shares are up 74.77% year to date as of the close of trading on Tuesday.

Western Digital Corporation, through its subsidiaries, develops, manufactures, and sells storage products and solutions that enable people to create, manage, experience, and preserve digital content. The stock currently has a dividend yield of 1.62%. The company has a P/E ratio of 18.7. Currently there are 6 analysts that rate Western Digital Corporation a buy, 1 analyst rates it a sell, and 8 rate it a hold.

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

TheStreet Quant Ratings rates Western Digital Corporation 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, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Western Digital Corporation Ratings Report from TheStreet Quant Ratings now.

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