Insider Trading Alert - RAX, GDP, ZMH, CSOD And PANW 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, Dec. 4, 2013, 189 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $160.56 to $35,901,027,172.20.

Highlighted Stocks Traded by Insiders:

Rackspace Hosting (RAX) - FREE Research Report

Schoenbaum Alan who is Sr. V.P., GC, and Secretary at Rackspace Hosting sold 40,000 shares at $40.05 on Dec. 4, 2013. Following this transaction, the Sr. V.P., GC, and Secretary owned 31,294 shares meaning that the stake was reduced by 56.11% with the 40,000-share transaction.

The shares most recently traded at $34.46, down $5.59, or 16.22% since the insider transaction. Historical insider transactions for Rackspace Hosting go as follows:

  • 4-Week # shares sold: 205,000
  • 12-Week # shares sold: 207,000
  • 24-Week # shares sold: 414,182

The average volume for Rackspace Hosting has been 2.4 million shares per day over the past 30 days. Rackspace Hosting has a market cap of $5.0 billion and is part of the technology sector and computer software & services industry. Shares are down 53.52% year-to-date as of the close of trading on Wednesday.

Rackspace Hosting, Inc., through its subsidiaries, provides cloud computing services, managing Web-based IT systems for small and medium-sized businesses, and large enterprises worldwide. The company has a P/E ratio of 53.0. Currently there are 8 analysts that rate Rackspace Hosting a buy, 2 analysts rate it a sell, and 10 rate it a hold.

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

TheStreet Quant Ratings rates Rackspace Hosting 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 reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full Rackspace Hosting 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.

Goodrich Petroleum (GDP) - FREE Research Report

Perdue Michael J who is Director at Goodrich Petroleum bought 1,250 shares at $18.36 on Dec. 4, 2013. Following this transaction, the Director owned 29,675 shares meaning that the stake was reduced by 4.4% with the 1,250-share transaction.

The shares most recently traded at $19.80, up $1.44, or 7.29% since the insider transaction. Historical insider transactions for Goodrich Petroleum go as follows:

  • 12-Week # shares bought: 475
  • 12-Week # shares sold: 4,000
  • 24-Week # shares bought: 48,975
  • 24-Week # shares sold: 4,000

The average volume for Goodrich Petroleum has been 1.8 million shares per day over the past 30 days. Goodrich Petroleum has a market cap of $845.5 million and is part of the basic materials sector and energy industry. Shares are up 112.88% year-to-date as of the close of trading on Wednesday.

Goodrich Petroleum Corporation, an independent oil and natural gas company, engages in the exploration, development, and production of oil and natural gas. Currently there are 11 analysts that rate Goodrich Petroleum a buy, no analysts rate it a sell, and 4 rate it a hold.

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

TheStreet Quant Ratings rates Goodrich Petroleum as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity, weak operating cash flow and feeble growth in its earnings per share. Get the full Goodrich Petroleum 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.

Zimmer Holdings (ZMH) - FREE Research Report

McCaulley Jeffery A who is Pres - Zimmer Reconstructive at Zimmer Holdings sold 2,713 shares at $90.12 on Dec. 4, 2013. Following this transaction, the Pres - Zimmer Reconstructive owned 5,211 shares meaning that the stake was reduced by 34.24% with the 2,713-share transaction.

The shares most recently traded at $90.68, up $0.56, or 0.62% since the insider transaction. Historical insider transactions for Zimmer Holdings go as follows:

  • 4-Week # shares sold: 30,000
  • 12-Week # shares sold: 30,000
  • 24-Week # shares sold: 30,000

The average volume for Zimmer Holdings has been 1.1 million shares per day over the past 30 days. Zimmer Holdings has a market cap of $15.1 billion and is part of the health care sector and health services industry. Shares are up 32.55% year-to-date as of the close of trading on Wednesday.

Zimmer Holdings, Inc., through its subsidiaries, engages in the design, development, manufacture, and marketing of orthopedic reconstructive devices, spinal and trauma devices, biologics, dental implants, and related surgical products in the Americas, Europe, and the Asia Pacific. The stock currently has a dividend yield of 0.91%. The company has a P/E ratio of 22.4. Currently there are 9 analysts that rate Zimmer Holdings a buy, 1 analyst rates it a sell, and 14 rate it a hold.

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

TheStreet Quant Ratings rates Zimmer Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, 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 Zimmer Holdings 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.

Cornerstone OnDemand (CSOD) - FREE Research Report

Helvey Kirsten Maas who is SVP, Client Success at Cornerstone OnDemand sold 3,000 shares at $50.07 on Dec. 4, 2013. Following this transaction, the SVP, Client Success owned 33,400 shares meaning that the stake was reduced by 8.24% with the 3,000-share transaction.

The shares most recently traded at $48.91, down $1.16, or 2.38% since the insider transaction. Historical insider transactions for Cornerstone OnDemand go as follows:

  • 4-Week # shares bought: 1,000
  • 4-Week # shares sold: 16,800
  • 12-Week # shares bought: 1,000
  • 12-Week # shares sold: 173,000
  • 24-Week # shares bought: 1,000
  • 24-Week # shares sold: 393,888

The average volume for Cornerstone OnDemand has been 489,900 shares per day over the past 30 days. Cornerstone OnDemand has a market cap of $2.5 billion and is part of the technology sector and computer software & services industry. Shares are up 62.38% year-to-date as of the close of trading on Wednesday.

Cornerstone OnDemand, Inc. provides talent management solutions delivered as software-as-a-service. It offers four integrated clouds for recruiting, learning management, performance management, and extended enterprise. Currently there are 5 analysts that rate Cornerstone OnDemand a buy, no analysts rate it a sell, and 1 rates it a hold.

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

TheStreet Quant Ratings rates Cornerstone OnDemand as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity and generally high debt management risk. Get the full Cornerstone OnDemand 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.

Palo Alto Networks (PANW) - FREE Research Report

Zuk Nir who is Cto at Palo Alto Networks sold 20,000 shares at $49.14 on Dec. 4, 2013. Following this transaction, the Cto owned 3.0 million shares meaning that the stake was reduced by 0.66% with the 20,000-share transaction.

Batra Rajiv who is VP, Engineering at Palo Alto Networks sold 45,000 shares at $48.92 on Dec. 4, 2013. Following this transaction, the VP, Engineering owned 171,150 shares meaning that the stake was reduced by 20.82% with the 45,000-share transaction.

The shares most recently traded at $49.90, up $0.98, or 1.96% since the insider transaction.

The average volume for Palo Alto Networks has been 1.2 million shares per day over the past 30 days. Palo Alto Networks has a market cap of $3.5 billion and is part of the technology sector and computer hardware industry. Shares are down 6.61% year-to-date as of the close of trading on Wednesday.

Palo Alto Networks, Inc. offers a network security platform in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company's platform comprises Next-Generation Firewall that delivers application, user, and content visibility and control. Currently there are 11 analysts that rate Palo Alto Networks a buy, no analysts rate it a sell, and 9 rate it a hold.

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

TheStreet Quant Ratings rates Palo Alto Networks as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full Palo Alto Networks 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.

Data for this article provided by Zacks Investment Research

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