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. 27, 2013, 44 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $182.70 to $2,289,990.00. Highlighted Stocks Traded by Insiders: Cummins (CMI) - FREE Research Report Freeland Richard Joseph who is President - Engine Business at Cummins sold 5,000 shares at $140.00 on Dec. 27, 2013. Following this transaction, the President - Engine Business owned 28,220 shares meaning that the stake was reduced by 15.05% with the 5,000-share transaction. The shares most recently traded at $139.83, down $0.17, or 0.12% since the insider transaction. Historical insider transactions for Cummins go as follows:
4-Week # shares sold: 700
12-Week # shares sold: 700
24-Week # shares sold: 32,200
The average volume for Cummins has been 1.4 million shares per day over the past 30 days. Cummins has a market cap of $26.1 billion and is part of the industrial goods sector and industrial industry. Shares are up 29.07% year-to-date as of the close of trading on Thursday. Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products. It operates in four segments: Engine, Components, Power Generation, and Distribution. The stock currently has a dividend yield of 1.79%. The company has a P/E ratio of 18.5. Currently there are 7 analysts that rate Cummins a buy, no analysts rate it a sell, and 5 rate it a hold. Exclusive Offer: Get the latest Stock Analysis on CMI - FREETheStreet Quant Ratings rates Cummins 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, increase in stock price during the past year, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Cummins 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.