Insider Trading Alert - VECO, SPLK, JAZZ, DNDN And LII 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.

Friday, Jan. 10, 2014, 51 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $600.00 to $8,688,240.00.

Highlighted Stocks Traded by Insiders:

Veeco Instruments (VECO) - FREE Research Report

Collingwood Peter who is SVP WW Sales & Field Service at Veeco Instruments sold 6,223 shares at $35.00 on Jan. 10, 2014. Following this transaction, the SVP WW Sales & Field Service owned 5,417 shares meaning that the stake was reduced by 53.46% with the 6,223-share transaction.

Glass David D. who is Evp & Cfo at Veeco Instruments sold 12,948 shares at $35.00 on Jan. 10, 2014. Following this transaction, the Evp & Cfo owned 12,868 shares meaning that the stake was reduced by 50.15% with the 12,948-share transaction.

The shares most recently traded at $35.66, up $0.66, or 1.85% since the insider transaction. Historical insider transactions for Veeco Instruments go as follows:

  • 4-Week # shares sold: 4,019
  • 12-Week # shares sold: 4,019
  • 24-Week # shares sold: 4,019

The average volume for Veeco Instruments has been 672,100 shares per day over the past 30 days. Veeco Instruments has a market cap of $1.4 billion and is part of the technology sector and electronics industry. Shares are up 9.33% year-to-date as of the close of trading on Friday.

Veeco Instruments Inc., together with its subsidiaries, designs, manufactures, and markets process equipment to make light emitting diodes (LEDs) and hard-disk drives worldwide. Currently there are 3 analysts that rate Veeco Instruments a buy, 1 analyst rates it a sell, and 9 rate it a hold.

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

TheStreet Quant Ratings rates Veeco Instruments as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. Get the full Veeco Instruments 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.

If you liked this article you might like

Veeco Instruments-Ultratech Would Be a 'Dream' Merger

Top Pick for 2017: Universal Display Should Light the Way

Analysts' Actions -- American Eagle, Kroger, Pioneer, Wendy's and More

Insider Trading Alert - OFG, OHAI And VECO Traded By Insiders

Trade-Ideas: Veeco Instruments (VECO) Is Today's Strong On High Relative Volume Stock