Corning (GLW) - FREE Research Report Tripeny R Tony who is VP Controller & PAO at Corning sold 41,000 shares at $18.43 on Feb. 12, 2014. Following this transaction, the VP Controller & PAO owned 6,414 shares meaning that the stake was reduced by 86.47% with the 41,000-share transaction. The shares most recently traded at $18.98, up $0.55, or 2.91% since the insider transaction. Historical insider transactions for Corning go as follows:
4-Week # shares sold: 2,042
12-Week # shares sold: 2,042
24-Week # shares sold: 2,042
The average volume for Corning has been 11.4 million shares per day over the past 30 days. Corning has a market cap of $26.2 billion and is part of the technology sector and electronics industry. Shares are up 6.68% year-to-date as of the close of trading on Wednesday. Corning Incorporated produces and sells specialty glasses, ceramics, and related materials worldwide. It operates through five segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials, and Life Sciences. The stock currently has a dividend yield of 2.13%. The company has a P/E ratio of 14.0. Currently there are 7 analysts that rate Corning a buy, 1 analyst rates it a sell, and 6 rate it a hold. Exclusive Offer: Get the latest Stock Analysis on GLW - FREETheStreet Quant Ratings rates Corning as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. 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 Corning 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.