Insider Trading Alert - LPLA, VAR, AMP, AMTD And WEX 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.

Tuesday, Dec. 24, 2013, 63 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $3,759.88 to $2,069,942.45.

Highlighted Stocks Traded by Insiders:

LPL Financial Holdings (LPLA) - FREE Research Report

Putnam James S who is Director at LPL Financial Holdings sold 30,000 shares at $46.00 on Dec. 24, 2013. Following this transaction, the Director owned 164,280 shares meaning that the stake was reduced by 15.44% with the 30,000-share transaction.

The shares most recently traded at $47.01, up $1.01, or 2.15% since the insider transaction. Historical insider transactions for LPL Financial Holdings go as follows:

  • 4-Week # shares sold: 60,000
  • 12-Week # shares sold: 121,000
  • 24-Week # shares sold: 121,000

The average volume for LPL Financial Holdings has been 537,400 shares per day over the past 30 days. LPL Financial Holdings has a market cap of $4.8 billion and is part of the financial sector and financial services industry. Shares are up 65.98% year-to-date as of the close of trading on Tuesday.

LPL Financial Holdings Inc. provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at financial institutions in the United States. The stock currently has a dividend yield of 1.63%. The company has a P/E ratio of 28.5. Currently there are 2 analysts that rate LPL Financial Holdings a buy, 1 analyst rates it a sell, and 5 rate it a hold.

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

TheStreet Quant Ratings rates LPL Financial Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full LPL Financial 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.

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