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. 26, 2013, 184 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $199.71 to $214,535,257.08.
Highlighted Stocks Traded by Insiders:
WageWorks (WAGE) - FREE Research Report Larson John William who is Director at WageWorks sold 7,000 shares at $55.64 on Nov. 26, 2013. Following this transaction, the Director owned 42,139 shares meaning that the stake was reduced by 14.25% with the 7,000 share transaction.
Vantagepoint Venture Associates Iv Llc who is Footnote 1 at WageWorks sold 813,185 shares at $55.00 on Nov. 26, 2013. Following this transaction, the Footnote 1 owned 231,441 shares meaning that the stake was reduced by 77.84% with the 813,185 share transaction.
The shares most recently traded at $57.82, up $2.82, or 4.88% since the insider transaction. Historical insider transactions for WageWorks go as follows:
- 4-Week # shares sold: 399,815
- 12-Week # shares sold: 409,815
- 24-Week # shares sold: 3.5 million
The average volume for WageWorks has been 392,600 shares per day over the past 30 days. WageWorks has a market cap of $2.0 billion and is part of the services sector and diversified services industry. Shares are up 221.74% year to date as of the close of trading on Tuesday.
WageWorks, Inc. provides tax-advantaged programs for consumer-directed health, commuter, and other employee spending account benefits (CDBs) in the United States. The company has a P/E ratio of 818.1. Currently there are 4 analysts that rate WageWorks a buy, no analysts rate it a sell, and none rate it a hold.
Exclusive Offer: Get the latest Stock Analysis on WAGE - FREE TheStreet Quant Ratings rates WageWorks as a
hold. 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 and increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, premium valuation and weak operating cash flow. Get the full
WageWorks Ratings Report from
TheStreet Quant Ratings now.
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