Insider Trading Alert - DGX, LVLT And SPG 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, Feb. 7, 2014, 95 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $413.92 to $325,011,000.00.

Highlighted Stocks Traded by Insiders:

Quest Diagnostics (DGX) - FREE Research Report

Main Timothy L who is Director at Quest Diagnostics bought 5,000 shares at $50.71 on Feb. 7, 2014. Following this transaction, the Director owned 5,658 shares meaning that the stake was reduced by 759.88% with the 5,000-share transaction.

The shares most recently traded at $51.30, up $0.59, or 1.16% since the insider transaction. Historical insider transactions for Quest Diagnostics go as follows:

  • 4-Week # shares sold: 658
  • 12-Week # shares sold: 658
  • 24-Week # shares sold: 2,658

The average volume for Quest Diagnostics has been 2.5 million shares per day over the past 30 days. Quest Diagnostics has a market cap of $7.4 billion and is part of the health care sector and health services industry. Shares are down 5.12% year-to-date as of the close of trading on Friday.

Quest Diagnostics Incorporated provides diagnostic testing information services in the United States and internationally. The company operates in two businesses, Diagnostic Information Services and Diagnostic Solutions. The stock currently has a dividend yield of 2.59%. The company has a P/E ratio of 9.6. Currently there are 2 analysts that rate Quest Diagnostics a buy, 4 analysts rate it a sell, and 12 rate it a hold.

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

TheStreet Quant Ratings rates Quest Diagnostics as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, notable return on equity, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Quest Diagnostics 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.

Level 3 Communications (LVLT) - FREE Research Report

Clemins Archie who is Director at Level 3 Communications sold 1,000 shares at $36.60 on Feb. 7, 2014. Following this transaction, the Director owned 39,585 shares meaning that the stake was reduced by 2.46% with the 1,000-share transaction.

The shares most recently traded at $36.52, down $0.08, or 0.23% since the insider transaction. Historical insider transactions for Level 3 Communications go as follows:

  • 4-Week # shares sold: 47,023
  • 12-Week # shares sold: 112,868
  • 24-Week # shares sold: 157,318

The average volume for Level 3 Communications has been 1.5 million shares per day over the past 30 days. Level 3 Communications has a market cap of $8.2 billion and is part of the technology sector and telecommunications industry. Shares are up 10.79% year-to-date as of the close of trading on Friday.

Level 3 Communications, Inc., together with its subsidiaries, operates as a facilities-based provider of a range of integrated communications services primarily in North America, Latin America, and Europe. Currently there are 7 analysts that rate Level 3 Communications a buy, no analysts rate it a sell, and 8 rate it a hold.

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

TheStreet Quant Ratings rates Level 3 Communications as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and expanding profit margins. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full Level 3 Communications 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.

Simon Property Group (SPG) - FREE Research Report

Glasscock Larry C who is Director at Simon Property Group bought 25 shares at $153.65 on Feb. 7, 2014. Following this transaction, the Director owned 6,360 shares meaning that the stake was reduced by 0.39% with the 25-share transaction.

Hubbard Allan B who is Director at Simon Property Group bought 64 shares at $153.56 on Feb. 7, 2014. Following this transaction, the Director owned 8,460 shares meaning that the stake was reduced by 0.76% with the 64-share transaction.

The shares most recently traded at $157.75, up $4.19, or 2.66% since the insider transaction. Historical insider transactions for Simon Property Group go as follows:

  • 4-Week # shares bought: 277
  • 4-Week # shares sold: 8,955
  • 12-Week # shares bought: 277
  • 12-Week # shares sold: 13,455
  • 24-Week # shares bought: 607
  • 24-Week # shares sold: 13,455

The average volume for Simon Property Group has been 1.4 million shares per day over the past 30 days. Simon Property Group has a market cap of $48.2 billion and is part of the financial sector and real estate industry. Shares are up 3.16% year-to-date as of the close of trading on Friday.

Simon Property Group, Inc. is an equity real estate investment trust. The firm invests in the real estate markets across the globe. It engages in investment, ownership, and management of properties. The stock currently has a dividend yield of 3.22%. The company has a P/E ratio of 36.6. Currently there are 16 analysts that rate Simon Property Group a buy, no analysts rate it a sell, and 1 rates it a hold.

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

TheStreet Quant Ratings rates Simon Property Group as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, expanding profit margins, growth in earnings per share and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Simon Property Group 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.

Data for this article provided by Zacks Investment Research

null

More from Markets

Is Best Buy Sleeping With the Enemy With Amazon Partnership?

Is Best Buy Sleeping With the Enemy With Amazon Partnership?

Sprint, T-Mobile Might Have to Do More Than Make Promises to Get Deal Approved

Sprint, T-Mobile Might Have to Do More Than Make Promises to Get Deal Approved

Video: The S&P 500 Is Failing to Make New Highs

Video: The S&P 500 Is Failing to Make New Highs

Dow, S&P 500 and Nasdaq Finish Lower as Apple, P&G Slump

Dow, S&P 500 and Nasdaq Finish Lower as Apple, P&G Slump

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists