Insider Trading Alert - N, CHS, RAX, IBKR And ARUN 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. 18, 2013, 124 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $1,000.00 to $864,567,000.00.

Highlighted Stocks Traded by Insiders:

NetSuite (N) - FREE Research Report

Goldberg Evan who is CTO & Chairman of the Board at NetSuite sold 20,000 shares at $93.17 on Dec. 18, 2013. Following this transaction, the CTO & Chairman of the Board owned 2.8 million shares meaning that the stake was reduced by 0.71% with the 20,000-share transaction.

The shares most recently traded at $94.60, up $1.43, or 1.52% since the insider transaction. Historical insider transactions for NetSuite go as follows:

  • 4-Week # shares sold: 40,883
  • 12-Week # shares sold: 97,320
  • 24-Week # shares sold: 153,697

The average volume for NetSuite has been 416,000 shares per day over the past 30 days. NetSuite has a market cap of $6.9 billion and is part of the technology sector and computer software & services industry. Shares are up 38.53% year-to-date as of the close of trading on Wednesday.

NetSuite Inc. provides cloud-based financials/enterprise resource planning (ERP) software suites in the United States and internationally. Currently there are 6 analysts that rate NetSuite a buy, no analysts rate it a sell, and 9 rate it a hold.

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

TheStreet Quant Ratings rates NetSuite as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full NetSuite 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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