General Cable Corporation (BGC) - FREE Research Report

Welsh John E Iii who is Director at General Cable Corporation bought 8 shares at $30.00 on Dec. 3, 2013. Following this transaction, the Director owned 86,107 shares meaning that the stake was reduced by 0.01% with the 8-share transaction.

Siverd Robert J who is Exec. VP & General Counsel at General Cable Corporation bought 36 shares at $29.99 on Dec. 3, 2013. Following this transaction, the Exec. VP & General Counsel owned 93,127 shares meaning that the stake was reduced by 0.04% with the 36-share transaction.

Smialek Robert L who is Director at General Cable Corporation bought 13 shares at $29.99 on Dec. 3, 2013. Following this transaction, the Director owned 30,120 shares meaning that the stake was reduced by 0.04% with the 13-share transaction.

The shares most recently traded at $28.03, down $1.96, or 7% since the insider transaction. Historical insider transactions for General Cable Corporation go as follows:

  • 24-Week # shares bought: 323

The average volume for General Cable Corporation has been 590,200 shares per day over the past 30 days. General Cable Corporation has a market cap of $1.4 billion and is part of the industrial goods sector and industrial industry. Shares are down 7.43% year-to-date as of the close of trading on Tuesday.

General Cable Corporation designs, develops, manufactures, markets, and distributes copper, aluminum, and fiber optic wire and cable products worldwide. The stock currently has a dividend yield of 2.53%. Currently there are 3 analysts that rate General Cable Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

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

TheStreet Quant Ratings rates General Cable Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and feeble growth in the company's earnings per share. Get the full General Cable Corporation 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.

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