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. 23, 2013, 95 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $477.16 to $45,000,060.00. Highlighted Stocks Traded by Insiders: Franklin Resources (BEN) - FREE Research Report Lewis Kenneth A who is EVP and CFO at Franklin Resources sold 9,300 shares at $56.68 on Dec. 23, 2013. Following this transaction, the EVP and CFO owned 0 shares meaning that the stake was reduced by 100% with the 9,300-share transaction. The shares most recently traded at $56.56, down $0.12, or 0.21% since the insider transaction. Historical insider transactions for Franklin Resources go as follows:
4-Week # shares sold: 29,950
12-Week # shares sold: 29,950
24-Week # shares sold: 85,950
The average volume for Franklin Resources has been 2.2 million shares per day over the past 30 days. Franklin Resources has a market cap of $35.5 billion and is part of the financial sector and financial services industry. Shares are up 34.25% year-to-date as of the close of trading on Monday. Franklin Resources Inc. is a publicly owned asset management holding company. The firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It manages, through its subsidiary, separate client-focused equity, fixed income, and balanced portfolios. The stock currently has a dividend yield of 0.85%. The company has a P/E ratio of 16.7. Currently there are 10 analysts that rate Franklin Resources a buy, no analysts rate it a sell, and 5 rate it a hold. Exclusive Offer: Get the latest Stock Analysis on BEN - FREETheStreet Quant Ratings rates Franklin Resources as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, solid stock price performance and growth in earnings per share. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Franklin Resources 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.