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. 11, 2013, 145 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $117.00 to $353,142,000.00.
Highlighted Stocks Traded by Insiders:
Fleetcor Technologies (FLT) - FREE Research Report Schmit William who is Pres, Major Oil Card Programs at Fleetcor Technologies sold 30,000 shares at $118.42 on Dec. 11, 2013. Following this transaction, the Pres, Major Oil Card Programs owned 8,274 shares meaning that the stake was reduced by 78.38% with the 30,000-share transaction.
The shares most recently traded at $117.39, down $1.03, or 0.87% since the insider transaction. Historical insider transactions for Fleetcor Technologies go as follows:
- 4-Week # shares bought: 5,000
- 4-Week # shares sold: 20,000
- 12-Week # shares bought: 5,000
- 12-Week # shares sold: 21,500
- 24-Week # shares bought: 5,000
- 24-Week # shares sold: 2.8 million
The average volume for Fleetcor Technologies has been 817,500 shares per day over the past 30 days. Fleetcor Technologies has a market cap of $9.7 billion and is part of the services sector and diversified services industry. Shares are up 120.84% year-to-date as of the close of trading on Wednesday.
FleetCor Technologies, Inc. provides fuel cards and workforce payment products and services to businesses, commercial fleets, oil companies, petroleum marketers, and government entities in North America, Latin America, and Europe. The company has a P/E ratio of 36.3. Currently there are 2 analysts that rate Fleetcor Technologies a buy, no analysts rate it a sell, and 3 rate it a hold.
Exclusive Offer: Get the latest Stock Analysis on FLT - FREE TheStreet Quant Ratings rates Fleetcor Technologies as a
buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full
Fleetcor Technologies 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.
