Insider Trading Alert - MCHP, ALGN, APD, SM And FRGI 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. 22, 2013, 166 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $98.40 to $54,600,947.10.

Highlighted Stocks Traded by Insiders:

Microchip Technology (MCHP) - FREE Research Report

Chapman Matthew W who is Director at Microchip Technology sold 7,000 shares at $43.63 on Nov. 22, 2013. Following this transaction, the Director owned 27,763 shares meaning that the stake was reduced by 20.14% with the 7,000 share transaction.

The shares most recently traded at $43.57, down $0.06, or 0.14% since the insider transaction. Historical insider transactions for Microchip Technology go as follows:

  • 4-Week # shares sold: 8,315
  • 12-Week # shares sold: 8,315
  • 24-Week # shares sold: 17,543

The average volume for Microchip Technology has been 1.8 million shares per day over the past 30 days. Microchip Technology has a market cap of $8.7 billion and is part of the technology sector and electronics industry. Shares are up 34.47% year to date as of the close of trading on Friday.

Microchip Technology Incorporated engages in developing, manufacturing, and selling semiconductor products for embedded control applications. The stock currently has a dividend yield of 3.24%. The company has a P/E ratio of 37.5. 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, good cash flow from operations, compelling growth in net income, notable return on equity and solid stock price performance. 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 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.

If you liked this article you might like

Tesla's Many Would-Be Electric Car Rivals Are Chasing a Speeding Target

Dow, S&P 500 and Nasdaq Finish Higher as Trump Pushes Tax Reform

Stocks Hold Onto Gains as Trump Talks Tax Reform

Midday Report: Analog Devices Leads Chipmakers; Dow Struggles for Direction

Stocks Struggle for Direction as Tech Names Rise, Energy Falls